Households and NPISHs Final consumption expenditure (constant 2015) in Panama
Panama: Households and NPISHs Final consumption expenditure (constant 2015) was 8,494 constant 2015 US$ per person in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure (constant 2015) in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Panama recorded 8,494 constant 2015 US$ per person for households and npishs final consumption expenditure (constant 2015) in 2024. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 21.9% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Panama peaked at 8,494 constant 2015 US$ per person in 2024 and was at its lowest, 3,330 constant 2015 US$ per person, in 1996.
That places Panama 64th out of 172 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Households and NPISHs Final consumption expenditure (constant 2015) in Panama, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1996 | 3,330 constant 2015 US$ per person | — |
| 1997 | 3,569 constant 2015 US$ per person | +7.2% |
| 1998 | 4,197 constant 2015 US$ per person | +17.6% |
| 1999 | 4,182 constant 2015 US$ per person | -0.3% |
| 2000 | 4,171 constant 2015 US$ per person | -0.3% |
| 2001 | 4,254 constant 2015 US$ per person | +2.0% |
| 2002 | 4,451 constant 2015 US$ per person | +4.6% |
| 2003 | 4,738 constant 2015 US$ per person | +6.5% |
| 2004 | 4,819 constant 2015 US$ per person | +1.7% |
| 2005 | 5,281 constant 2015 US$ per person | +9.6% |
| 2006 | 5,523 constant 2015 US$ per person | +4.6% |
| 2007 | 5,463 constant 2015 US$ per person | -1.1% |
| 2008 | 5,626 constant 2015 US$ per person | +3.0% |
| 2009 | 5,724 constant 2015 US$ per person | +1.7% |
| 2010 | 6,006 constant 2015 US$ per person | +4.9% |
| 2011 | 6,230 constant 2015 US$ per person | +3.7% |
| 2012 | 6,322 constant 2015 US$ per person | +1.5% |
| 2013 | 6,632 constant 2015 US$ per person | +4.9% |
| 2014 | 6,968 constant 2015 US$ per person | +5.1% |
| 2015 | 6,996 constant 2015 US$ per person | +0.4% |
| 2016 | 7,332 constant 2015 US$ per person | +4.8% |
| 2017 | 7,392 constant 2015 US$ per person | +0.8% |
| 2018 | 7,546 constant 2015 US$ per person | +2.1% |
| 2019 | 7,938 constant 2015 US$ per person | +5.2% |
| 2020 | 7,211 constant 2015 US$ per person | -9.2% |
| 2021 | 7,600 constant 2015 US$ per person | +5.4% |
| 2022 | 7,762 constant 2015 US$ per person | +2.1% |
| 2023 | 8,079 constant 2015 US$ per person | +4.1% |
| 2024 | 8,494 constant 2015 US$ per person | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,819 constant 2015 US$ per person | 3,330 constant 2015 US$ per person | 4,197 constant 2015 US$ per person | 4 |
| 2000s | 5,005 constant 2015 US$ per person | 4,171 constant 2015 US$ per person | 5,724 constant 2015 US$ per person | 10 |
| 2010s | 6,936 constant 2015 US$ per person | 6,006 constant 2015 US$ per person | 7,938 constant 2015 US$ per person | 10 |
| 2020s | 7,829 constant 2015 US$ per person | 7,211 constant 2015 US$ per person | 8,494 constant 2015 US$ per person | 5 |
Countries ranked near Panama
- 61 Romania 9,072 constant 2015 US$ per person compare
- 62 Argentina 9,022 constant 2015 US$ per person compare
- 63 Montenegro 8,585 constant 2015 US$ per person compare
- 65 Mauritius 7,878 constant 2015 US$ per person compare
- 66 Oman 7,834 constant 2015 US$ per person compare
- 67 Malaysia 7,491 constant 2015 US$ 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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.92 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.4902 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 9,393 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.48 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4433 constant 2015 US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), annual growth rate 6.4 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6142 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 11,770 current US$ per person (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant 2015) in Panama?
- Households and npishs final consumption expenditure (constant 2015) in Panama was 8,494 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Panama?
- The highest recorded value was 8,494 constant 2015 US$ per person in 2024.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Panama?
- The lowest recorded value was 3,330 constant 2015 US$ per person in 1996.
- How does Panama rank for households and npishs final consumption expenditure (constant 2015)?
- Panama ranks 64th out of 172 countries with data for 2024.
- Is households and npishs final consumption expenditure (constant 2015) rising or falling in Panama?
- Over the last ten years it is up 21.9%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.