Households and NPISHs Final consumption expenditure (constant 2015) in Panama
Panama: Households and NPISHs Final consumption expenditure (constant 2015) was 485,628 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure (constant 2015) in Panama, 1996–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
Panama recorded 485,628 constant 2015 US$ per square kilometre for households and npishs final consumption expenditure (constant 2015) in 2023. That is the highest value across all 28 years on record.
The figure is up 5.5% on the previous year and up 42.3% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Panama peaked at 485,628 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 124,540 constant 2015 US$ per square kilometre, in 1996.
That places Panama 71st out of 170 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Households and NPISHs Final consumption expenditure (constant 2015) in Panama, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1996 | 124,540 constant 2015 US$ per square kilometre | — |
| 1997 | 136,186 constant 2015 US$ per square kilometre | +9.4% |
| 1998 | 163,364 constant 2015 US$ per square kilometre | +20.0% |
| 1999 | 166,057 constant 2015 US$ per square kilometre | +1.6% |
| 2000 | 168,917 constant 2015 US$ per square kilometre | +1.7% |
| 2001 | 175,659 constant 2015 US$ per square kilometre | +4.0% |
| 2002 | 187,363 constant 2015 US$ per square kilometre | +6.7% |
| 2003 | 203,314 constant 2015 US$ per square kilometre | +8.5% |
| 2004 | 210,768 constant 2015 US$ per square kilometre | +3.7% |
| 2005 | 235,352 constant 2015 US$ per square kilometre | +11.7% |
| 2006 | 250,738 constant 2015 US$ per square kilometre | +6.5% |
| 2007 | 252,615 constant 2015 US$ per square kilometre | +0.7% |
| 2008 | 264,929 constant 2015 US$ per square kilometre | +4.9% |
| 2009 | 274,463 constant 2015 US$ per square kilometre | +3.6% |
| 2010 | 293,133 constant 2015 US$ per square kilometre | +6.8% |
| 2011 | 309,540 constant 2015 US$ per square kilometre | +5.6% |
| 2012 | 319,719 constant 2015 US$ per square kilometre | +3.3% |
| 2013 | 341,279 constant 2015 US$ per square kilometre | +6.7% |
| 2014 | 365,901 constant 2015 US$ per square kilometre | +7.2% |
| 2015 | 373,786 constant 2015 US$ per square kilometre | +2.2% |
| 2016 | 398,554 constant 2015 US$ per square kilometre | +6.6% |
| 2017 | 408,775 constant 2015 US$ per square kilometre | +2.6% |
| 2018 | 423,963 constant 2015 US$ per square kilometre | +3.7% |
| 2019 | 453,179 constant 2015 US$ per square kilometre | +6.9% |
| 2020 | 417,347 constant 2015 US$ per square kilometre | -7.9% |
| 2021 | 445,209 constant 2015 US$ per square kilometre | +6.7% |
| 2022 | 460,472 constant 2015 US$ per square kilometre | +3.4% |
| 2023 | 485,628 constant 2015 US$ per square kilometre | +5.5% |
Panama compared with similar countries
- Panama's 485,628 constant 2015 US$ per square kilometre is below the median for high income countries, which is 1.66 million constant 2015 US$ per square kilometre, 29% of the median. (63 countries reporting)
- Panama's 485,628 constant 2015 US$ per square kilometre is above the median for Latin America & Caribbean, which is 378,596 constant 2015 US$ per square kilometre, 1.3× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 147,537 constant 2015 US$ per square kilometre | 124,540 constant 2015 US$ per square kilometre | 166,057 constant 2015 US$ per square kilometre | 4 |
| 2000s | 222,412 constant 2015 US$ per square kilometre | 168,917 constant 2015 US$ per square kilometre | 274,463 constant 2015 US$ per square kilometre | 10 |
| 2010s | 368,783 constant 2015 US$ per square kilometre | 293,133 constant 2015 US$ per square kilometre | 453,179 constant 2015 US$ per square kilometre | 10 |
| 2020s | 452,164 constant 2015 US$ per square kilometre | 417,347 constant 2015 US$ per square kilometre | 485,628 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Panama
- 68 New Zealand 511,956 constant 2015 US$ per square kilometre compare
- 69 Lithuania 493,115 constant 2015 US$ per square kilometre compare
- 70 Mexico 489,035 constant 2015 US$ per square kilometre compare
- 72 Pakistan 477,981 constant 2015 US$ per square kilometre compare
- 73 Cuba 469,324 constant 2015 US$ per square kilometre compare
- 74 Finland 433,100 constant 2015 US$ per square kilometre 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant 2015) in Panama?
- Households and npishs final consumption expenditure (constant 2015) in Panama was 485,628 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Panama?
- The highest recorded value was 485,628 constant 2015 US$ per square kilometre in 2023.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Panama?
- The lowest recorded value was 124,540 constant 2015 US$ per square kilometre in 1996.
- How does Panama rank for households and npishs final consumption expenditure (constant 2015)?
- Panama ranks 71st out of 170 countries with data for 2023.
- Is households and npishs final consumption expenditure (constant 2015) rising or falling in Panama?
- Over the last ten years it is up 42.3%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.