Gross national expenditure (current US$), per capita (capita US) in Panama
Panama: Gross national expenditure (current US$), per capita (capita US) was 18,195 current US$ per person in 2024. ◆ Volatile
Latest (2024)
18,195 current US$ per person
Change on year
down 0.3%
World rank
64th
of 186 countries
All-time high
18,250 current US$ per person
in 2023
All-time low
483.51 current US$ per person
in 1960
Years of data
65
1960–2024
Gross national expenditure (current US$), per capita in Panama, 1960–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2024, gross national expenditure (current us$), per capita in Panama stood at 18,195 current US$ per person.
Compared with earlier readings it is down 0.3% on the previous year and up 30.9% over ten years.
Over the whole period, gross national expenditure (current us$), per capita in Panama peaked at 18,250 current US$ per person in 2023 and was at its lowest, 483.51 current US$ per person, in 1960.
Panama ranks 64th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), per capita (capita US) in Panama, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1960 | 483.51 current US$ per person | — |
| 1961 | 522.73 current US$ per person | +8.1% |
| 1962 | 545.03 current US$ per person | +4.3% |
| 1963 | 598.12 current US$ per person | +9.7% |
| 1964 | 605.85 current US$ per person | +1.3% |
| 1965 | 644.44 current US$ per person | +6.4% |
| 1966 | 696.62 current US$ per person | +8.1% |
| 1967 | 739.61 current US$ per person | +6.2% |
| 1968 | 764.71 current US$ per person | +3.4% |
| 1969 | 834.66 current US$ per person | +9.1% |
| 1970 | 925.63 current US$ per person | +10.9% |
| 1971 | 1,027 current US$ per person | +10.9% |
| 1972 | 1,113 current US$ per person | +8.4% |
| 1973 | 1,235 current US$ per person | +10.9% |
| 1974 | 1,440 current US$ per person | +16.6% |
| 1975 | 1,521 current US$ per person | +5.7% |
| 1976 | 1,577 current US$ per person | +3.6% |
| 1977 | 1,543 current US$ per person | -2.1% |
| 1978 | 1,816 current US$ per person | +17.7% |
| 1979 | 2,107 current US$ per person | +16.1% |
| 1980 | 2,471 current US$ per person | +17.2% |
| 1981 | 2,815 current US$ per person | +13.9% |
| 1982 | 2,852 current US$ per person | +1.3% |
| 1983 | 2,744 current US$ per person | -3.8% |
| 1984 | 2,967 current US$ per person | +8.1% |
| 1985 | 3,073 current US$ per person | +3.6% |
| 1986 | 3,112 current US$ per person | +1.3% |
| 1987 | 3,089 current US$ per person | -0.7% |
| 1988 | 2,356 current US$ per person | -23.7% |
| 1989 | 2,524 current US$ per person | +7.1% |
| 1990 | 2,744 current US$ per person | +8.7% |
| 1991 | 3,084 current US$ per person | +12.4% |
| 1992 | 3,460 current US$ per person | +12.2% |
| 1993 | 3,703 current US$ per person | +7.0% |
| 1994 | 3,855 current US$ per person | +4.1% |
| 1995 | 3,950 current US$ per person | +2.5% |
| 1996 | 3,267 current US$ per person | -17.3% |
| 1997 | 3,435 current US$ per person | +5.2% |
| 1998 | 3,966 current US$ per person | +15.5% |
| 1999 | 4,108 current US$ per person | +3.6% |
| 2000 | 4,026 current US$ per person | -2.0% |
| 2001 | 3,919 current US$ per person | -2.6% |
| 2002 | 4,106 current US$ per person | +4.8% |
| 2003 | 4,307 current US$ per person | +4.9% |
| 2004 | 4,812 current US$ per person | +11.7% |
| 2005 | 5,155 current US$ per person | +7.1% |
| 2006 | 5,699 current US$ per person | +10.6% |
| 2007 | 6,615 current US$ per person | +16.1% |
| 2008 | 7,935 current US$ per person | +19.9% |
| 2009 | 7,572 current US$ per person | -4.6% |
| 2010 | 8,781 current US$ per person | +16.0% |
| 2011 | 9,925 current US$ per person | +13.0% |
| 2012 | 11,521 current US$ per person | +16.1% |
| 2013 | 12,758 current US$ per person | +10.7% |
| 2014 | 13,899 current US$ per person | +8.9% |
| 2015 | 14,337 current US$ per person | +3.1% |
| 2016 | 14,968 current US$ per person | +4.4% |
| 2017 | 15,868 current US$ per person | +6.0% |
| 2018 | 16,383 current US$ per person | +3.2% |
| 2019 | 16,478 current US$ per person | +0.6% |
| 2020 | 12,780 current US$ per person | -22.4% |
| 2021 | 15,032 current US$ per person | +17.6% |
| 2022 | 16,931 current US$ per person | +12.6% |
| 2023 | 18,250 current US$ per person | +7.8% |
| 2024 | 18,195 current US$ per person | -0.3% |
Panama compared with similar countries
- Panama's 18,195 current US$ per person is below the median for high income countries, which is 36,478 current US$ per person, 50% of the median. (66 countries reporting)
- Panama's 18,195 current US$ per person is above the median for Latin America & Caribbean, which is 9,024 current US$ per person, 2.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 643.53 current US$ per person | 483.51 current US$ per person | 834.66 current US$ per person | 10 |
| 1970s | 1,430 current US$ per person | 925.63 current US$ per person | 2,107 current US$ per person | 10 |
| 1980s | 2,800 current US$ per person | 2,356 current US$ per person | 3,112 current US$ per person | 10 |
| 1990s | 3,557 current US$ per person | 2,744 current US$ per person | 4,108 current US$ per person | 10 |
| 2000s | 5,415 current US$ per person | 3,919 current US$ per person | 7,935 current US$ per person | 10 |
| 2010s | 13,492 current US$ per person | 8,781 current US$ per person | 16,478 current US$ per person | 10 |
| 2020s | 16,238 current US$ per person | 12,780 current US$ per person | 18,250 current US$ per person | 5 |
Countries ranked near Panama
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 (current us$), per capita in Panama?
- Gross national expenditure (current us$), per capita in Panama was 18,195 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per capita recorded in Panama?
- The highest recorded value was 18,250 current US$ per person in 2023.
- What is the lowest gross national expenditure (current us$), per capita recorded in Panama?
- The lowest recorded value was 483.51 current US$ per person in 1960.
- How does Panama rank for gross national expenditure (current us$), per capita?
- Panama ranks 64th out of 186 countries with data for 2024.
- Is gross national expenditure (current us$), per capita rising or falling in Panama?
- Over the last ten years it is up 30.9%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (current US$) 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 (current US$) ÷ Population, total
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.