Gross national expenditure (constant 2015 US$), per unit of GDP in Panama

Panama: Gross national expenditure (constant 2015 US$), per unit of GDP was 0.8505 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.8505 constant 2015 US$ per US$ of GDP
Change on year
down 2.2%
World rank
80th
of 163 countries
All-time high
1.78 constant 2015 US$ per US$ of GDP
in 1998
All-time low
0.8505 constant 2015 US$ per US$ of GDP
in 2024
Years of data
29
1996–2024

Gross national expenditure (constant 2015 US$), per unit of GDP in Panama, 1996–2024

00.511.521996201020241996: 1.7 constant 2015 US$ per US$ of GDP1997: 1.7 constant 2015 US$ per US$ of GDP1998: 1.8 constant 2015 US$ per US$ of GDP1999: 1.7 constant 2015 US$ per US$ of GDP2000: 1.7 constant 2015 US$ per US$ of GDP2001: 1.7 constant 2015 US$ per US$ of GDP2002: 1.7 constant 2015 US$ per US$ of GDP2003: 1.7 constant 2015 US$ per US$ of GDP2004: 1.7 constant 2015 US$ per US$ of GDP2005: 1.6 constant 2015 US$ per US$ of GDP2006: 1.6 constant 2015 US$ per US$ of GDP2007: 1.5 constant 2015 US$ per US$ of GDP2008: 1.4 constant 2015 US$ per US$ of GDP2009: 1.3 constant 2015 US$ per US$ of GDP2010: 1.3 constant 2015 US$ per US$ of GDP2011: 1.2 constant 2015 US$ per US$ of GDP2012: 1.1 constant 2015 US$ per US$ of GDP2013: 1.1 constant 2015 US$ per US$ of GDP2014: 1.1 constant 2015 US$ per US$ of GDP2015: 1 constant 2015 US$ per US$ of GDP2016: 0.988 constant 2015 US$ per US$ of GDP2017: 0.966 constant 2015 US$ per US$ of GDP2018: 0.955 constant 2015 US$ per US$ of GDP2019: 0.938 constant 2015 US$ per US$ of GDP2020: 0.905 constant 2015 US$ per US$ of GDP2021: 0.897 constant 2015 US$ per US$ of GDP2022: 0.878 constant 2015 US$ per US$ of GDP2023: 0.87 constant 2015 US$ per US$ of GDP2024: 0.851 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for gross national expenditure (constant 2015 us$), per unit of gdp in Panama is 0.8505 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 29 years on record.

That represents a change of down 2.2% on the previous year and down 19.7% over ten years.

Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Panama peaked at 1.78 constant 2015 US$ per US$ of GDP in 1998 and was at its lowest, 0.8505 constant 2015 US$ per US$ of GDP, in 2024.

Panama ranks 80th of 163 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

Gross national expenditure (constant 2015 US$), per unit of GDP in Panama, year by year

Annual values for Gross national expenditure (constant 2015 US$), per unit of GDP in Panama, 1996 to 2024.
Year constant 2015 US$ per US$ of GDP Change
1996 1.66 constant 2015 US$ per US$ of GDP
1997 1.65 constant 2015 US$ per US$ of GDP -0.7%
1998 1.78 constant 2015 US$ per US$ of GDP +7.5%
1999 1.74 constant 2015 US$ per US$ of GDP -2.2%
2000 1.7 constant 2015 US$ per US$ of GDP -2.0%
2001 1.65 constant 2015 US$ per US$ of GDP -3.0%
2002 1.67 constant 2015 US$ per US$ of GDP +1.3%
2003 1.73 constant 2015 US$ per US$ of GDP +3.3%
2004 1.66 constant 2015 US$ per US$ of GDP -4.2%
2005 1.65 constant 2015 US$ per US$ of GDP -0.6%
2006 1.59 constant 2015 US$ per US$ of GDP -3.6%
2007 1.51 constant 2015 US$ per US$ of GDP -5.1%
2008 1.43 constant 2015 US$ per US$ of GDP -5.2%
2009 1.25 constant 2015 US$ per US$ of GDP -12.2%
2010 1.32 constant 2015 US$ per US$ of GDP +5.0%
2011 1.21 constant 2015 US$ per US$ of GDP -8.2%
2012 1.15 constant 2015 US$ per US$ of GDP -5.2%
2013 1.1 constant 2015 US$ per US$ of GDP -4.5%
2014 1.06 constant 2015 US$ per US$ of GDP -3.2%
2015 1.02 constant 2015 US$ per US$ of GDP -3.9%
2016 0.9881 constant 2015 US$ per US$ of GDP -2.9%
2017 0.9662 constant 2015 US$ per US$ of GDP -2.2%
2018 0.9553 constant 2015 US$ per US$ of GDP -1.1%
2019 0.9383 constant 2015 US$ per US$ of GDP -1.8%
2020 0.905 constant 2015 US$ per US$ of GDP -3.6%
2021 0.8972 constant 2015 US$ per US$ of GDP -0.9%
2022 0.8783 constant 2015 US$ per US$ of GDP -2.1%
2023 0.8697 constant 2015 US$ per US$ of GDP -1.0%
2024 0.8505 constant 2015 US$ per US$ of GDP -2.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.71 constant 2015 US$ per US$ of GDP 1.65 constant 2015 US$ per US$ of GDP 1.78 constant 2015 US$ per US$ of GDP 4
2000s 1.58 constant 2015 US$ per US$ of GDP 1.25 constant 2015 US$ per US$ of GDP 1.73 constant 2015 US$ per US$ of GDP 10
2010s 1.07 constant 2015 US$ per US$ of GDP 0.9383 constant 2015 US$ per US$ of GDP 1.32 constant 2015 US$ per US$ of GDP 10
2020s 0.8801 constant 2015 US$ per US$ of GDP 0.8505 constant 2015 US$ per US$ of GDP 0.905 constant 2015 US$ per US$ of GDP 5

Countries ranked near Panama

  1. 77 Bosnia and Herzegovina 0.8567 constant 2015 US$ per US$ of GDP compare
  2. 78 Montenegro 0.8545 constant 2015 US$ per US$ of GDP compare
  3. 79 United Kingdom of Great Britain and Northern Ireland 0.8529 constant 2015 US$ per US$ of GDP compare
  4. 81 United Arab Emirates 0.8478 constant 2015 US$ per US$ of GDP compare
  5. 82 Kazakhstan 0.8471 constant 2015 US$ per US$ of GDP compare
  6. 83 Guatemala 0.8424 constant 2015 US$ per US$ of GDP compare

See the full ranking of 204 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is gross national expenditure (constant 2015 us$), per unit of gdp in Panama?
Gross national expenditure (constant 2015 us$), per unit of gdp in Panama was 0.8505 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Panama?
The highest recorded value was 1.78 constant 2015 US$ per US$ of GDP in 1998.
What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Panama?
The lowest recorded value was 0.8505 constant 2015 US$ per US$ of GDP in 2024.
How does Panama rank for gross national expenditure (constant 2015 us$), per unit of gdp?
Panama ranks 80th out of 163 countries with data for 2024.
Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Panama?
Over the last ten years it is down 19.7%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross national expenditure (constant 2015 US$), per unit of GDP in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-per-unit-of-gdp/panama/

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How this figure is calculated

Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross national expenditure (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,398 data points, 1960–2025
Last refreshed

Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.