Gross national expenditure (constant LCU), per capita in Panama
Panama: Gross national expenditure (constant LCU), per capita was 17,300 constant LCU per person in 2024. ▲ Rising
Gross national expenditure (constant LCU), per capita in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Panama recorded 17,300 constant LCU per person for gross national expenditure (constant lcu), per capita in 2024.
The figure is down 0.3% on the previous year and up 16.4% over ten years.
Over the whole period, gross national expenditure (constant lcu), per capita in Panama peaked at 17,356 constant LCU per person in 2023 and was at its lowest, 5,841 constant LCU per person, in 1996.
Panama ranks 137th of 169 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Gross national expenditure (constant LCU), per capita in Panama, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1996 | 5,841 constant LCU per person | — |
| 1997 | 6,215 constant LCU per person | +6.4% |
| 1998 | 7,172 constant LCU per person | +15.4% |
| 1999 | 7,279 constant LCU per person | +1.5% |
| 2000 | 7,179 constant LCU per person | -1.4% |
| 2001 | 6,991 constant LCU per person | -2.6% |
| 2002 | 7,260 constant LCU per person | +3.8% |
| 2003 | 7,819 constant LCU per person | +7.7% |
| 2004 | 8,157 constant LCU per person | +4.3% |
| 2005 | 8,763 constant LCU per person | +7.4% |
| 2006 | 9,309 constant LCU per person | +6.2% |
| 2007 | 10,100 constant LCU per person | +8.5% |
| 2008 | 11,141 constant LCU per person | +10.3% |
| 2009 | 10,379 constant LCU per person | -6.8% |
| 2010 | 11,646 constant LCU per person | +12.2% |
| 2011 | 12,403 constant LCU per person | +6.5% |
| 2012 | 13,474 constant LCU per person | +8.6% |
| 2013 | 14,271 constant LCU per person | +5.9% |
| 2014 | 14,866 constant LCU per person | +4.2% |
| 2015 | 15,224 constant LCU per person | +2.4% |
| 2016 | 15,561 constant LCU per person | +2.2% |
| 2017 | 16,103 constant LCU per person | +3.5% |
| 2018 | 16,383 constant LCU per person | +1.7% |
| 2019 | 16,416 constant LCU per person | +0.2% |
| 2020 | 12,761 constant LCU per person | -22.3% |
| 2021 | 14,770 constant LCU per person | +15.7% |
| 2022 | 16,204 constant LCU per person | +9.7% |
| 2023 | 17,356 constant LCU per person | +7.1% |
| 2024 | 17,300 constant LCU per person | -0.3% |
Panama compared with similar countries
- Panama's 17,300 constant LCU per person is below the median for high income countries, which is 44,659 constant LCU per person, 39% of the median. (58 countries reporting)
- Panama's 17,300 constant LCU per person is below the median for Latin America & Caribbean, which is 33,781 constant LCU per person, 51% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,627 constant LCU per person | 5,841 constant LCU per person | 7,279 constant LCU per person | 4 |
| 2000s | 8,710 constant LCU per person | 6,991 constant LCU per person | 11,141 constant LCU per person | 10 |
| 2010s | 14,635 constant LCU per person | 11,646 constant LCU per person | 16,416 constant LCU per person | 10 |
| 2020s | 15,678 constant LCU per person | 12,761 constant LCU per person | 17,356 constant LCU per person | 5 |
Countries ranked near Panama
- 134 Peru 18,213 constant LCU per person compare
- 135 Solomon Islands 17,814 constant LCU per person compare
- 136 Argentina 17,326 constant LCU per person compare
- 138 Bosnia and Herzegovina 16,734 constant LCU per person compare
- 139 Lesotho 16,097 constant LCU per person compare
- 140 Tonga 15,682 constant LCU per person 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant lcu), per capita in Panama?
- Gross national expenditure (constant lcu), per capita in Panama was 17,300 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per capita recorded in Panama?
- The highest recorded value was 17,356 constant LCU per person in 2023.
- What is the lowest gross national expenditure (constant lcu), per capita recorded in Panama?
- The lowest recorded value was 5,841 constant LCU per person in 1996.
- How does Panama rank for gross national expenditure (constant lcu), per capita?
- Panama ranks 137th out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), per capita rising or falling in Panama?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ Population, total
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.