Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Panama
Panama: Gross national expenditure (constant 2015 US$), per unit of GDP (unit) was 0.8505 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant 2015 US$), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant 2015 US$ 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$), per unit of GDP (unit) in Panama, year by year
| Year | constant 2015 US$ 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% |
Panama compared with similar countries
- Panama's 0.8505 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7302 constant 2015 US$ per US$ of GDP, 1.2× the median. (58 countries reporting)
- Panama's 0.8505 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.8505 constant 2015 US$ per US$ of GDP, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 77 Bosnia and Herzegovina 0.8567 constant 2015 US$ per US$ of GDP compare
- 78 Montenegro 0.8545 constant 2015 US$ per US$ of GDP compare
- 79 United Kingdom 0.8529 constant 2015 US$ per US$ of GDP compare
- 81 United Arab Emirates 0.8478 constant 2015 US$ per US$ of GDP compare
- 82 Kazakhstan 0.8471 constant 2015 US$ per US$ of GDP compare
- 83 Guatemala 0.8424 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) 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$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.