Households and NPISHs Final consumption expenditure in Panama
Panama: Households and NPISHs Final consumption expenditure was 40.44 billion constant LCU in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Panama, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Panama is 40.44 billion constant LCU, measured in 2024. That is the highest value across all 29 years on record.
The figure is up 6.5% on the previous year and up 41.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Panama peaked at 40.44 billion constant LCU in 2024 and was at its lowest, 9.76 billion constant LCU, in 1996.
That places Panama 134th out of 178 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 in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1996 | 9.76 billion constant LCU | — |
| 1997 | 10.67 billion constant LCU | +9.4% |
| 1998 | 12.80 billion constant LCU | +20.0% |
| 1999 | 13.02 billion constant LCU | +1.6% |
| 2000 | 13.24 billion constant LCU | +1.7% |
| 2001 | 13.77 billion constant LCU | +4.0% |
| 2002 | 14.69 billion constant LCU | +6.7% |
| 2003 | 15.94 billion constant LCU | +8.5% |
| 2004 | 16.52 billion constant LCU | +3.7% |
| 2005 | 18.45 billion constant LCU | +11.7% |
| 2006 | 19.65 billion constant LCU | +6.5% |
| 2007 | 19.80 billion constant LCU | +0.7% |
| 2008 | 20.77 billion constant LCU | +4.9% |
| 2009 | 21.51 billion constant LCU | +3.6% |
| 2010 | 22.98 billion constant LCU | +6.8% |
| 2011 | 24.26 billion constant LCU | +5.6% |
| 2012 | 25.06 billion constant LCU | +3.3% |
| 2013 | 26.75 billion constant LCU | +6.7% |
| 2014 | 28.59 billion constant LCU | +6.9% |
| 2015 | 29.21 billion constant LCU | +2.2% |
| 2016 | 31.15 billion constant LCU | +6.6% |
| 2017 | 31.94 billion constant LCU | +2.6% |
| 2018 | 33.16 billion constant LCU | +3.8% |
| 2019 | 35.44 billion constant LCU | +6.9% |
| 2020 | 32.64 billion constant LCU | -7.9% |
| 2021 | 34.82 billion constant LCU | +6.7% |
| 2022 | 36.01 billion constant LCU | +3.4% |
| 2023 | 37.98 billion constant LCU | +5.5% |
| 2024 | 40.44 billion constant LCU | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.56 billion constant LCU | 9.76 billion constant LCU | 13.02 billion constant LCU | 4 |
| 2000s | 17.43 billion constant LCU | 13.24 billion constant LCU | 21.51 billion constant LCU | 10 |
| 2010s | 28.85 billion constant LCU | 22.98 billion constant LCU | 35.44 billion constant LCU | 10 |
| 2020s | 36.38 billion constant LCU | 32.64 billion constant LCU | 40.44 billion constant LCU | 5 |
Countries ranked near Panama
- 131 Sierra Leone 49.13 billion constant LCU compare
- 132 Eswatini 43.81 billion constant LCU compare
- 133 Croatia 40.53 billion constant LCU compare
- 135 Venezuela 38.54 billion constant LCU compare
- 136 Lithuania 32.61 billion constant LCU compare
- 137 Bosnia and Herzegovina 31.49 billion constant LCU 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9754 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 19,303 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8647 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,113 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.9114 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Panama?
- Households and npishs final consumption expenditure in Panama was 40.44 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Panama?
- The highest recorded value was 40.44 billion constant LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Panama?
- The lowest recorded value was 9.76 billion constant LCU in 1996.
- How does Panama rank for households and npishs final consumption expenditure?
- Panama ranks 134th out of 178 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Panama?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Households and NPISHs Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.