Gross national expenditure (current LCU), annual growth rate in Panama
Panama: Gross national expenditure (current LCU), annual growth rate was 0.9683 % change on previous year in 2024. ◆ Volatile
Latest (2024)
0.9683 % change on previous year
Change on year
down 89.5%
World rank
173rd
of 185 countries
All-time high
22.15 % change on previous year
in 2008
All-time low
-22.06 % change on previous year
in 1988
Years of data
64
1961–2024
Gross national expenditure (current LCU), annual growth rate in Panama, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross national expenditure (current lcu), annual growth rate in Panama stood at 0.9683 % change on previous year.
The figure is down 89.5% on the previous year and down 91.1% over ten years.
Over the whole period, gross national expenditure (current lcu), annual growth rate in Panama peaked at 22.15 % change on previous year in 2008 and was at its lowest, -22.06 % change on previous year, in 1988.
That places Panama 173rd out of 185 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 11.37 % change on previous year | — |
| 1962 | 7.45 % change on previous year | -34.5% |
| 1963 | 13.12 % change on previous year | +76.1% |
| 1964 | 4.41 % change on previous year | -66.4% |
| 1965 | 9.62 % change on previous year | +118.0% |
| 1966 | 11.36 % change on previous year | +18.1% |
| 1967 | 9.34 % change on previous year | -17.8% |
| 1968 | 6.43 % change on previous year | -31.1% |
| 1969 | 12.31 % change on previous year | +91.4% |
| 1970 | 14.08 % change on previous year | +14.4% |
| 1971 | 14.1 % change on previous year | +0.1% |
| 1972 | 11.41 % change on previous year | -19.1% |
| 1973 | 13.98 % change on previous year | +22.5% |
| 1974 | 19.76 % change on previous year | +41.4% |
| 1975 | 8.45 % change on previous year | -57.2% |
| 1976 | 6.3 % change on previous year | -25.5% |
| 1977 | 0.3145 % change on previous year | -95.0% |
| 1978 | 20.58 % change on previous year | +6444.5% |
| 1979 | 18.87 % change on previous year | -8.3% |
| 1980 | 20.07 % change on previous year | +6.3% |
| 1981 | 16.67 % change on previous year | -16.9% |
| 1982 | 3.71 % change on previous year | -77.7% |
| 1983 | -1.47 % change on previous year | -139.7% |
| 1984 | 10.66 % change on previous year | -822.8% |
| 1985 | 5.98 % change on previous year | -43.9% |
| 1986 | 3.59 % change on previous year | -40.0% |
| 1987 | 1.52 % change on previous year | -57.6% |
| 1988 | -22.06 % change on previous year | -1549.5% |
| 1989 | 9.46 % change on previous year | -142.9% |
| 1990 | 11.07 % change on previous year | +17.0% |
| 1991 | 14.8 % change on previous year | +33.8% |
| 1992 | 14.57 % change on previous year | -1.6% |
| 1993 | 9.26 % change on previous year | -36.5% |
| 1994 | 6.27 % change on previous year | -32.3% |
| 1995 | 4.59 % change on previous year | -26.7% |
| 1996 | -15.62 % change on previous year | -440.3% |
| 1997 | 7.29 % change on previous year | -146.7% |
| 1998 | 17.78 % change on previous year | +143.9% |
| 1999 | 5.65 % change on previous year | -68.2% |
| 2000 | -0.052 % change on previous year | -100.9% |
| 2001 | -0.7344 % change on previous year | +1313.4% |
| 2002 | 6.79 % change on previous year | -1025.1% |
| 2003 | 6.94 % change on previous year | +2.2% |
| 2004 | 13.87 % change on previous year | +99.8% |
| 2005 | 9.17 % change on previous year | -33.9% |
| 2006 | 12.62 % change on previous year | +37.7% |
| 2007 | 18.22 % change on previous year | +44.3% |
| 2008 | 22.15 % change on previous year | +21.6% |
| 2009 | -2.83 % change on previous year | -112.8% |
| 2010 | 18.06 % change on previous year | -737.7% |
| 2011 | 15.05 % change on previous year | -16.7% |
| 2012 | 18.15 % change on previous year | +20.6% |
| 2013 | 12.69 % change on previous year | -30.1% |
| 2014 | 10.85 % change on previous year | -14.5% |
| 2015 | 4.95 % change on previous year | -54.4% |
| 2016 | 6.22 % change on previous year | +25.7% |
| 2017 | 7.85 % change on previous year | +26.1% |
| 2018 | 4.99 % change on previous year | -36.4% |
| 2019 | 2.19 % change on previous year | -56.1% |
| 2020 | -21.37 % change on previous year | -1075.5% |
| 2021 | 19.05 % change on previous year | -189.1% |
| 2022 | 14.06 % change on previous year | -26.2% |
| 2023 | 9.22 % change on previous year | -34.5% |
| 2024 | 0.9683 % change on previous year | -89.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.49 % change on previous year | 4.41 % change on previous year | 13.12 % change on previous year | 9 |
| 1970s | 12.78 % change on previous year | 0.3145 % change on previous year | 20.58 % change on previous year | 10 |
| 1980s | 4.81 % change on previous year | -22.06 % change on previous year | 20.07 % change on previous year | 10 |
| 1990s | 7.57 % change on previous year | -15.62 % change on previous year | 17.78 % change on previous year | 10 |
| 2000s | 8.61 % change on previous year | -2.83 % change on previous year | 22.15 % change on previous year | 10 |
| 2010s | 10.1 % change on previous year | 2.19 % change on previous year | 18.15 % change on previous year | 10 |
| 2020s | 4.39 % change on previous year | -21.37 % change on previous year | 19.05 % change on previous year | 5 |
Countries ranked near Panama
- 170 Greenland 1.37 % change on previous year compare
- 171 Chad 1.34 % change on previous year compare
- 172 Niger 1.33 % change on previous year compare
- 174 Finland 0.7968 % change on previous year compare
- 175 Faroe Islands 0.4583 % change on previous year compare
- 176 Oman 0.2141 % change on previous year 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)
- Final consumption expenditure (constant 2015 US$), per capita 10,575 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.9683 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9496 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 18,195 current US$ per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.9496 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 18,195 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.9641 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8505 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current lcu), annual growth rate in Panama?
- Gross national expenditure (current lcu), annual growth rate in Panama was 0.9683 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), annual growth rate recorded in Panama?
- The highest recorded value was 22.15 % change on previous year in 2008.
- What is the lowest gross national expenditure (current lcu), annual growth rate recorded in Panama?
- The lowest recorded value was -22.06 % change on previous year in 1988.
- How does Panama rank for gross national expenditure (current lcu), annual growth rate?
- Panama ranks 173rd out of 185 countries with data for 2024.
- Is gross national expenditure (current lcu), annual growth rate rising or falling in Panama?
- Over the last ten years it is down 91.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.