Gross national expenditure (current US$), per unit of GDP (unit GDP) in Panama
Panama: Gross national expenditure (current US$), per unit of GDP (unit GDP) was 0.9496 current US$ per US$ of GDP in 2024. ▬ Flat
Gross national expenditure (current US$), per unit of GDP in Panama, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross national expenditure (current us$), per unit of gdp in Panama is 0.9496 current US$ per US$ of GDP, measured in 2024.
That represents a change of down 2.2% on the previous year and down 9.7% over ten years.
Over the whole period, gross national expenditure (current us$), per unit of gdp in Panama peaked at 1.12 current US$ per US$ of GDP in 1995 and was at its lowest, 0.939 current US$ per US$ of GDP, in 1988.
Panama ranks 145th of 186 countries on this measure, in the bottom quarter.
Gross national expenditure (current US$), per unit of GDP (unit GDP) in Panama, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 1.01 current US$ per US$ of GDP | — |
| 1961 | 1.01 current US$ per US$ of GDP | -0.1% |
| 1962 | 0.999 current US$ per US$ of GDP | -1.3% |
| 1963 | 1.02 current US$ per US$ of GDP | +2.1% |
| 1964 | 0.9914 current US$ per US$ of GDP | -2.8% |
| 1965 | 0.9894 current US$ per US$ of GDP | -0.2% |
| 1966 | 1.01 current US$ per US$ of GDP | +2.2% |
| 1967 | 0.9929 current US$ per US$ of GDP | -1.8% |
| 1968 | 0.9823 current US$ per US$ of GDP | -1.1% |
| 1969 | 1.01 current US$ per US$ of GDP | +2.3% |
| 1970 | 1.04 current US$ per US$ of GDP | +3.1% |
| 1971 | 1.05 current US$ per US$ of GDP | +1.2% |
| 1972 | 1.06 current US$ per US$ of GDP | +1.5% |
| 1973 | 1.06 current US$ per US$ of GDP | -0.3% |
| 1974 | 1.11 current US$ per US$ of GDP | +4.7% |
| 1975 | 1.08 current US$ per US$ of GDP | -2.5% |
| 1976 | 1.08 current US$ per US$ of GDP | +0.0% |
| 1977 | 1.03 current US$ per US$ of GDP | -5.2% |
| 1978 | 1.04 current US$ per US$ of GDP | +1.8% |
| 1979 | 1.09 current US$ per US$ of GDP | +4.1% |
| 1980 | 1.05 current US$ per US$ of GDP | -3.6% |
| 1981 | 1.08 current US$ per US$ of GDP | +3.1% |
| 1982 | 1.01 current US$ per US$ of GDP | -6.1% |
| 1983 | 0.9734 current US$ per US$ of GDP | -4.0% |
| 1984 | 1.03 current US$ per US$ of GDP | +6.0% |
| 1985 | 1.03 current US$ per US$ of GDP | +0.2% |
| 1986 | 1.03 current US$ per US$ of GDP | -0.3% |
| 1987 | 1.04 current US$ per US$ of GDP | +1.1% |
| 1988 | 0.939 current US$ per US$ of GDP | -9.9% |
| 1989 | 1.03 current US$ per US$ of GDP | +9.2% |
| 1990 | 1.05 current US$ per US$ of GDP | +2.2% |
| 1991 | 1.09 current US$ per US$ of GDP | +4.4% |
| 1992 | 1.1 current US$ per US$ of GDP | +0.8% |
| 1993 | 1.1 current US$ per US$ of GDP | +0.0% |
| 1994 | 1.1 current US$ per US$ of GDP | -0.3% |
| 1995 | 1.12 current US$ per US$ of GDP | +2.3% |
| 1996 | 0.9875 current US$ per US$ of GDP | -12.2% |
| 1997 | 0.9687 current US$ per US$ of GDP | -1.9% |
| 1998 | 1.04 current US$ per US$ of GDP | +7.5% |
| 1999 | 1.04 current US$ per US$ of GDP | -0.2% |
| 2000 | 1.01 current US$ per US$ of GDP | -2.6% |
| 2001 | 0.9818 current US$ per US$ of GDP | -3.1% |
| 2002 | 1 current US$ per US$ of GDP | +2.2% |
| 2003 | 1.01 current US$ per US$ of GDP | +0.6% |
| 2004 | 1.04 current US$ per US$ of GDP | +2.6% |
| 2005 | 1.03 current US$ per US$ of GDP | -0.8% |
| 2006 | 1.03 current US$ per US$ of GDP | +0.3% |
| 2007 | 1.05 current US$ per US$ of GDP | +1.6% |
| 2008 | 1.08 current US$ per US$ of GDP | +3.1% |
| 2009 | 0.9712 current US$ per US$ of GDP | -10.1% |
| 2010 | 1.05 current US$ per US$ of GDP | +8.5% |
| 2011 | 1.03 current US$ per US$ of GDP | -2.5% |
| 2012 | 1.04 current US$ per US$ of GDP | +1.4% |
| 2013 | 1.04 current US$ per US$ of GDP | -0.2% |
| 2014 | 1.05 current US$ per US$ of GDP | +1.2% |
| 2015 | 1.02 current US$ per US$ of GDP | -3.2% |
| 2016 | 1.01 current US$ per US$ of GDP | -0.9% |
| 2017 | 1.01 current US$ per US$ of GDP | +0.2% |
| 2018 | 1.01 current US$ per US$ of GDP | +0.3% |
| 2019 | 1 current US$ per US$ of GDP | -1.4% |
| 2020 | 0.9616 current US$ per US$ of GDP | -3.8% |
| 2021 | 0.9692 current US$ per US$ of GDP | +0.8% |
| 2022 | 0.9742 current US$ per US$ of GDP | +0.5% |
| 2023 | 0.9709 current US$ per US$ of GDP | -0.3% |
| 2024 | 0.9496 current US$ per US$ of GDP | -2.2% |
Panama compared with similar countries
- Panama's 0.9496 current US$ per US$ of GDP is below the median for high income countries, which is 0.9727 current US$ per US$ of GDP, 98% of the median. (66 countries reporting)
- Panama's 0.9496 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 1.01 current US$ per US$ of GDP, 94% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1 current US$ per US$ of GDP | 0.9823 current US$ per US$ of GDP | 1.02 current US$ per US$ of GDP | 10 |
| 1970s | 1.06 current US$ per US$ of GDP | 1.03 current US$ per US$ of GDP | 1.11 current US$ per US$ of GDP | 10 |
| 1980s | 1.02 current US$ per US$ of GDP | 0.939 current US$ per US$ of GDP | 1.08 current US$ per US$ of GDP | 10 |
| 1990s | 1.06 current US$ per US$ of GDP | 0.9687 current US$ per US$ of GDP | 1.12 current US$ per US$ of GDP | 10 |
| 2000s | 1.02 current US$ per US$ of GDP | 0.9712 current US$ per US$ of GDP | 1.08 current US$ per US$ of GDP | 10 |
| 2010s | 1.03 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1.05 current US$ per US$ of GDP | 10 |
| 2020s | 0.9651 current US$ per US$ of GDP | 0.9496 current US$ per US$ of GDP | 0.9742 current US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 142 Venezuela 0.9521 current US$ per US$ of GDP compare
- 143 Burkina Faso 0.9502 current US$ per US$ of GDP compare
- 144 Cote d'Ivoire 0.9499 current US$ per US$ of GDP compare
- 146 South Korea 0.948 current US$ per US$ of GDP compare
- 147 Slovenia 0.9464 current US$ per US$ of GDP compare
- 148 Malaysia 0.9446 current 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 (current us$), per unit of gdp in Panama?
- Gross national expenditure (current us$), per unit of gdp in Panama was 0.9496 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per unit of gdp recorded in Panama?
- The highest recorded value was 1.12 current US$ per US$ of GDP in 1995.
- What is the lowest gross national expenditure (current us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.939 current US$ per US$ of GDP in 1988.
- How does Panama rank for gross national expenditure (current us$), per unit of gdp?
- Panama ranks 145th out of 186 countries with data for 2024.
- Is gross national expenditure (current us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 9.7%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.