Households and NPISHs Final consumption expenditure (constant LCU) in Panama
Panama: Households and NPISHs Final consumption expenditure (constant LCU) was 8,956 constant LCU per person in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure (constant LCU) in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
In 2024, households and npishs final consumption expenditure (constant lcu) in Panama stood at 8,956 constant LCU per person. 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 lcu) in Panama peaked at 8,956 constant LCU per person in 2024 and was at its lowest, 3,511 constant LCU per person, in 1996.
That places Panama 151st out of 179 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Households and NPISHs Final consumption expenditure (constant LCU) in Panama, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1996 | 3,511 constant LCU per person | — |
| 1997 | 3,763 constant LCU per person | +7.2% |
| 1998 | 4,425 constant LCU per person | +17.6% |
| 1999 | 4,409 constant LCU per person | -0.3% |
| 2000 | 4,398 constant LCU per person | -0.3% |
| 2001 | 4,485 constant LCU per person | +2.0% |
| 2002 | 4,693 constant LCU per person | +4.6% |
| 2003 | 4,996 constant LCU per person | +6.5% |
| 2004 | 5,081 constant LCU per person | +1.7% |
| 2005 | 5,568 constant LCU per person | +9.6% |
| 2006 | 5,823 constant LCU per person | +4.6% |
| 2007 | 5,760 constant LCU per person | -1.1% |
| 2008 | 5,932 constant LCU per person | +3.0% |
| 2009 | 6,035 constant LCU per person | +1.7% |
| 2010 | 6,332 constant LCU per person | +4.9% |
| 2011 | 6,569 constant LCU per person | +3.7% |
| 2012 | 6,666 constant LCU per person | +1.5% |
| 2013 | 6,993 constant LCU per person | +4.9% |
| 2014 | 7,347 constant LCU per person | +5.1% |
| 2015 | 7,376 constant LCU per person | +0.4% |
| 2016 | 7,730 constant LCU per person | +4.8% |
| 2017 | 7,794 constant LCU per person | +0.8% |
| 2018 | 7,956 constant LCU per person | +2.1% |
| 2019 | 8,370 constant LCU per person | +5.2% |
| 2020 | 7,603 constant LCU per person | -9.2% |
| 2021 | 8,013 constant LCU per person | +5.4% |
| 2022 | 8,184 constant LCU per person | +2.1% |
| 2023 | 8,518 constant LCU per person | +4.1% |
| 2024 | 8,956 constant LCU per person | +5.1% |
Panama compared with similar countries
- Panama's 8,956 constant LCU per person is below the median for high income countries, which is 23,078 constant LCU per person, 39% of the median. (63 countries reporting)
- Panama's 8,956 constant LCU per person is below the median for Latin America & Caribbean, which is 21,616 constant LCU per person, 41% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,027 constant LCU per person | 3,511 constant LCU per person | 4,425 constant LCU per person | 4 |
| 2000s | 5,277 constant LCU per person | 4,398 constant LCU per person | 6,035 constant LCU per person | 10 |
| 2010s | 7,313 constant LCU per person | 6,332 constant LCU per person | 8,370 constant LCU per person | 10 |
| 2020s | 8,255 constant LCU per person | 7,603 constant LCU per person | 8,956 constant LCU per person | 5 |
Countries ranked near Panama
- 148 Bosnia and Herzegovina 10,028 constant LCU per person compare
- 149 Latvia 9,947 constant LCU per person compare
- 150 Lesotho 9,263 constant LCU per person compare
- 152 Samoa 8,619 constant LCU per person compare
- 153 Belize 8,490 constant LCU per person compare
- 154 Yemen 7,623 constant LCU 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)
- 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 lcu) in Panama?
- Households and npishs final consumption expenditure (constant lcu) in Panama was 8,956 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant lcu) recorded in Panama?
- The highest recorded value was 8,956 constant LCU per person in 2024.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Panama?
- The lowest recorded value was 3,511 constant LCU per person in 1996.
- How does Panama rank for households and npishs final consumption expenditure (constant lcu)?
- Panama ranks 151st out of 179 countries with data for 2024.
- Is households and npishs final consumption expenditure (constant lcu) 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 LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 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 LCU) 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 LCU) ÷ 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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.