Households and NPISHs Final consumption expenditure (constant LCU) in Panama

Panama: Households and NPISHs Final consumption expenditure (constant LCU) was 0.4674 constant LCU per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.4674 constant LCU per US$ of GDP
Change on year
up 3.1%
World rank
146th
of 179 countries
All-time high
1.17 constant LCU per US$ of GDP
in 2003
All-time low
0.4532 constant LCU per US$ of GDP
in 2023
Years of data
29
1996–2024

Households and NPISHs Final consumption expenditure (constant LCU) in Panama, 1996–2024

00.250.50.7511.21996201020241996: 1.1 constant LCU per US$ of GDP1997: 1.1 constant LCU per US$ of GDP1998: 1.2 constant LCU per US$ of GDP1999: 1.1 constant LCU per US$ of GDP2000: 1.1 constant LCU per US$ of GDP2001: 1.1 constant LCU per US$ of GDP2002: 1.1 constant LCU per US$ of GDP2003: 1.2 constant LCU per US$ of GDP2004: 1.1 constant LCU per US$ of GDP2005: 1.1 constant LCU per US$ of GDP2006: 1.1 constant LCU per US$ of GDP2007: 0.912 constant LCU per US$ of GDP2008: 0.807 constant LCU per US$ of GDP2009: 0.774 constant LCU per US$ of GDP2010: 0.76 constant LCU per US$ of GDP2011: 0.68 constant LCU per US$ of GDP2012: 0.602 constant LCU per US$ of GDP2013: 0.57 constant LCU per US$ of GDP2014: 0.556 constant LCU per US$ of GDP2015: 0.524 constant LCU per US$ of GDP2016: 0.521 constant LCU per US$ of GDP2017: 0.497 constant LCU per US$ of GDP2018: 0.493 constant LCU per US$ of GDP2019: 0.508 constant LCU per US$ of GDP2020: 0.572 constant LCU per US$ of GDP2021: 0.517 constant LCU per US$ of GDP2022: 0.471 constant LCU per US$ of GDP2023: 0.453 constant LCU per US$ of GDP2024: 0.467 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

The most recent figure for households and npishs final consumption expenditure (constant lcu) in Panama is 0.4674 constant LCU per US$ of GDP, measured in 2024.

That represents a change of up 3.1% on the previous year and down 15.9% over ten years.

Over the whole period, households and npishs final consumption expenditure (constant lcu) in Panama peaked at 1.17 constant LCU per US$ of GDP in 2003 and was at its lowest, 0.4532 constant LCU per US$ of GDP, in 2023.

Panama ranks 146th of 179 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 29 years of available data.

Households and NPISHs Final consumption expenditure (constant LCU) in Panama, year by year

Annual values for Households and NPISHs Final consumption expenditure (constant LCU), per unit of GDP in Panama, 1996 to 2024.
Year constant LCU per US$ of GDP Change
1996 1.06 constant LCU per US$ of GDP
1997 1.06 constant LCU per US$ of GDP -0.0%
1998 1.16 constant LCU per US$ of GDP +9.5%
1999 1.12 constant LCU per US$ of GDP -3.9%
2000 1.11 constant LCU per US$ of GDP -0.9%
2001 1.12 constant LCU per US$ of GDP +1.6%
2002 1.15 constant LCU per US$ of GDP +2.1%
2003 1.17 constant LCU per US$ of GDP +2.1%
2004 1.09 constant LCU per US$ of GDP -6.6%
2005 1.11 constant LCU per US$ of GDP +1.4%
2006 1.05 constant LCU per US$ of GDP -5.1%
2007 0.9117 constant LCU per US$ of GDP -13.4%
2008 0.8073 constant LCU per US$ of GDP -11.5%
2009 0.7741 constant LCU per US$ of GDP -4.1%
2010 0.76 constant LCU per US$ of GDP -1.8%
2011 0.6798 constant LCU per US$ of GDP -10.5%
2012 0.6025 constant LCU per US$ of GDP -11.4%
2013 0.5697 constant LCU per US$ of GDP -5.4%
2014 0.556 constant LCU per US$ of GDP -2.4%
2015 0.5238 constant LCU per US$ of GDP -5.8%
2016 0.5212 constant LCU per US$ of GDP -0.5%
2017 0.4966 constant LCU per US$ of GDP -4.7%
2018 0.4926 constant LCU per US$ of GDP -0.8%
2019 0.5079 constant LCU per US$ of GDP +3.1%
2020 0.5721 constant LCU per US$ of GDP +12.6%
2021 0.5167 constant LCU per US$ of GDP -9.7%
2022 0.4709 constant LCU per US$ of GDP -8.9%
2023 0.4532 constant LCU per US$ of GDP -3.8%
2024 0.4674 constant LCU per US$ of GDP +3.1%

Panama compared with similar countries

  • Panama's 0.4674 constant LCU per US$ of GDP is below the median for high income countries, which is 0.5276 constant LCU per US$ of GDP, 89% of the median. (63 countries reporting)
  • Panama's 0.4674 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.32 constant LCU per US$ of GDP, 35% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.1 constant LCU per US$ of GDP 1.06 constant LCU per US$ of GDP 1.16 constant LCU per US$ of GDP 4
2000s 1.03 constant LCU per US$ of GDP 0.7741 constant LCU per US$ of GDP 1.17 constant LCU per US$ of GDP 10
2010s 0.571 constant LCU per US$ of GDP 0.4926 constant LCU per US$ of GDP 0.76 constant LCU per US$ of GDP 10
2020s 0.496 constant LCU per US$ of GDP 0.4532 constant LCU per US$ of GDP 0.5721 constant LCU per US$ of GDP 5

Countries ranked near Panama

  1. 143 Greece 0.5203 constant LCU per US$ of GDP compare
  2. 144 Guam 0.4993 constant LCU per US$ of GDP compare
  3. 145 Montenegro 0.478 constant LCU per US$ of GDP compare
  4. 147 Portugal 0.4467 constant LCU per US$ of GDP compare
  5. 148 Cyprus 0.4392 constant LCU per US$ of GDP compare
  6. 149 Italy 0.4339 constant LCU per US$ of GDP compare

See the full ranking of 179 places →

More economy & growth data for Panama

All data for Panama →

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 0.4674 constant LCU per US$ of GDP 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 1.17 constant LCU per US$ of GDP in 2003.
What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Panama?
The lowest recorded value was 0.4532 constant LCU per US$ of GDP in 2023.
How does Panama rank for households and npishs final consumption expenditure (constant lcu)?
Panama ranks 146th 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 down 15.9%. The long-run trend across the full record is falling.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure (constant LCU) in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-constant-lcu-per-unit-of-gdp/panama/

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How this figure is calculated

Households and NPISHs Final consumption expenditure (constant LCU) divided by GDP (current US$), 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) ÷ GDP (current US$)

Computed from

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

Indicator
Households and NPISHs Final consumption expenditure (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
179 places, 7,434 data points, 1960–2025
Last refreshed

Households and NPISHs Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.