Households and NPISHs Final consumption expenditure in Panama
Panama: Households and NPISHs Final consumption expenditure was 42.41 billion current LCU in 2024. ◆ Volatile
Latest (2024)
42.41 billion current LCU
Change on year
up 6.9%
World rank
146th
of 189 countries
All-time high
42.41 billion current LCU
in 2024
All-time low
373.86 million current LCU
in 1960
Years of data
65
1960–2024
Households and NPISHs Final consumption expenditure in Panama, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Panama recorded 42.41 billion current LCU for households and npishs final consumption expenditure in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 58.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in Panama peaked at 42.41 billion current LCU in 2024 and was at its lowest, 373.86 million current LCU, in 1960.
That places Panama 146th out of 189 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 373.86 million current LCU | — |
| 1961 | 397.48 million current LCU | +6.3% |
| 1962 | 417.62 million current LCU | +5.1% |
| 1963 | 471.31 million current LCU | +12.9% |
| 1964 | 518.81 million current LCU | +10.1% |
| 1965 | 561.36 million current LCU | +8.2% |
| 1966 | 570.18 million current LCU | +1.6% |
| 1967 | 619.99 million current LCU | +8.7% |
| 1968 | 637.90 million current LCU | +2.9% |
| 1969 | 710.98 million current LCU | +11.5% |
| 1970 | 756.20 million current LCU | +6.4% |
| 1971 | 813.51 million current LCU | +7.6% |
| 1972 | 855.36 million current LCU | +5.1% |
| 1973 | 940.29 million current LCU | +9.9% |
| 1974 | 1.17 billion current LCU | +24.2% |
| 1975 | 1.29 billion current LCU | +10.6% |
| 1976 | 1.33 billion current LCU | +3.4% |
| 1977 | 1.52 billion current LCU | +14.0% |
| 1978 | 1.75 billion current LCU | +15.2% |
| 1979 | 2.08 billion current LCU | +18.3% |
| 1980 | 2.43 billion current LCU | +17.2% |
| 1981 | 2.93 billion current LCU | +20.6% |
| 1982 | 2.85 billion current LCU | -2.9% |
| 1983 | 3.38 billion current LCU | +18.7% |
| 1984 | 4.06 billion current LCU | +20.2% |
| 1985 | 4.29 billion current LCU | +5.6% |
| 1986 | 4.20 billion current LCU | -2.1% |
| 1987 | 4.10 billion current LCU | -2.4% |
| 1988 | 3.81 billion current LCU | -7.1% |
| 1989 | 4.52 billion current LCU | +18.7% |
| 1990 | 4.27 billion current LCU | -5.6% |
| 1991 | 4.85 billion current LCU | +13.6% |
| 1992 | 5.25 billion current LCU | +8.3% |
| 1993 | 5.69 billion current LCU | +8.3% |
| 1994 | 5.81 billion current LCU | +2.2% |
| 1995 | 5.74 billion current LCU | -1.2% |
| 1996 | 5.38 billion current LCU | -6.2% |
| 1997 | 5.76 billion current LCU | +7.0% |
| 1998 | 6.78 billion current LCU | +17.7% |
| 1999 | 7.20 billion current LCU | +6.1% |
| 2000 | 7.11 billion current LCU | -1.3% |
| 2001 | 7.52 billion current LCU | +5.8% |
| 2002 | 8.16 billion current LCU | +8.5% |
| 2003 | 8.30 billion current LCU | +1.7% |
| 2004 | 9.42 billion current LCU | +13.5% |
| 2005 | 10.26 billion current LCU | +8.9% |
| 2006 | 11.40 billion current LCU | +11.2% |
| 2007 | 12.40 billion current LCU | +8.7% |
| 2008 | 14.10 billion current LCU | +13.7% |
| 2009 | 15.18 billion current LCU | +7.7% |
| 2010 | 16.87 billion current LCU | +11.2% |
| 2011 | 19.15 billion current LCU | +13.5% |
| 2012 | 21.29 billion current LCU | +11.2% |
| 2013 | 23.76 billion current LCU | +11.6% |
| 2014 | 26.74 billion current LCU | +12.5% |
| 2015 | 27.70 billion current LCU | +3.6% |
| 2016 | 29.96 billion current LCU | +8.2% |
| 2017 | 31.34 billion current LCU | +4.6% |
| 2018 | 33.16 billion current LCU | +5.8% |
| 2019 | 35.45 billion current LCU | +6.9% |
| 2020 | 32.79 billion current LCU | -7.5% |
| 2021 | 34.96 billion current LCU | +6.6% |
| 2022 | 37.33 billion current LCU | +6.8% |
| 2023 | 39.67 billion current LCU | +6.3% |
| 2024 | 42.41 billion current LCU | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 527.95 million current LCU | 373.86 million current LCU | 710.98 million current LCU | 10 |
| 1970s | 1.25 billion current LCU | 756.20 million current LCU | 2.08 billion current LCU | 10 |
| 1980s | 3.66 billion current LCU | 2.43 billion current LCU | 4.52 billion current LCU | 10 |
| 1990s | 5.67 billion current LCU | 4.27 billion current LCU | 7.20 billion current LCU | 10 |
| 2000s | 10.38 billion current LCU | 7.11 billion current LCU | 15.18 billion current LCU | 10 |
| 2010s | 26.54 billion current LCU | 16.87 billion current LCU | 35.45 billion current LCU | 10 |
| 2020s | 37.43 billion current LCU | 32.79 billion current LCU | 42.41 billion current LCU | 5 |
Countries ranked near Panama
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)
- GDP (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,650 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.9369 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 18,541 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -1.43 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3858 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in Panama?
- Households and npishs final consumption expenditure in Panama was 42.41 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Panama?
- The highest recorded value was 42.41 billion current LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Panama?
- The lowest recorded value was 373.86 million current LCU in 1960.
- How does Panama rank for households and npishs final consumption expenditure?
- Panama ranks 146th out of 189 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 58.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.