Households and NPISHs Final consumption expenditure in Panama
Panama: Households and NPISHs Final consumption expenditure was 42.41 billion current US$ in 2024. ◆ Volatile
Latest (2024)
42.41 billion current US$
Change on year
up 6.9%
World rank
84th
of 189 countries
All-time high
42.41 billion current US$
in 2024
All-time low
373.86 million current US$
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 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in Panama is 42.41 billion current US$, measured in 2024. That is the highest value across all 65 years on record.
The figure 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 US$ in 2024 and was at its lowest, 373.86 million current US$, in 1960.
Panama ranks 84th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 373.86 million current US$ | — |
| 1961 | 397.48 million current US$ | +6.3% |
| 1962 | 417.62 million current US$ | +5.1% |
| 1963 | 471.31 million current US$ | +12.9% |
| 1964 | 518.81 million current US$ | +10.1% |
| 1965 | 561.36 million current US$ | +8.2% |
| 1966 | 570.18 million current US$ | +1.6% |
| 1967 | 619.99 million current US$ | +8.7% |
| 1968 | 637.90 million current US$ | +2.9% |
| 1969 | 710.98 million current US$ | +11.5% |
| 1970 | 756.20 million current US$ | +6.4% |
| 1971 | 813.51 million current US$ | +7.6% |
| 1972 | 855.36 million current US$ | +5.1% |
| 1973 | 940.29 million current US$ | +9.9% |
| 1974 | 1.17 billion current US$ | +24.2% |
| 1975 | 1.29 billion current US$ | +10.6% |
| 1976 | 1.33 billion current US$ | +3.4% |
| 1977 | 1.52 billion current US$ | +14.0% |
| 1978 | 1.75 billion current US$ | +15.2% |
| 1979 | 2.08 billion current US$ | +18.3% |
| 1980 | 2.43 billion current US$ | +17.2% |
| 1981 | 2.93 billion current US$ | +20.6% |
| 1982 | 2.85 billion current US$ | -2.9% |
| 1983 | 3.38 billion current US$ | +18.7% |
| 1984 | 4.06 billion current US$ | +20.2% |
| 1985 | 4.29 billion current US$ | +5.6% |
| 1986 | 4.20 billion current US$ | -2.1% |
| 1987 | 4.10 billion current US$ | -2.4% |
| 1988 | 3.81 billion current US$ | -7.1% |
| 1989 | 4.52 billion current US$ | +18.7% |
| 1990 | 4.27 billion current US$ | -5.6% |
| 1991 | 4.85 billion current US$ | +13.6% |
| 1992 | 5.25 billion current US$ | +8.3% |
| 1993 | 5.69 billion current US$ | +8.3% |
| 1994 | 5.81 billion current US$ | +2.2% |
| 1995 | 5.74 billion current US$ | -1.2% |
| 1996 | 5.38 billion current US$ | -6.2% |
| 1997 | 5.76 billion current US$ | +7.0% |
| 1998 | 6.78 billion current US$ | +17.7% |
| 1999 | 7.20 billion current US$ | +6.1% |
| 2000 | 7.11 billion current US$ | -1.3% |
| 2001 | 7.52 billion current US$ | +5.8% |
| 2002 | 8.16 billion current US$ | +8.5% |
| 2003 | 8.30 billion current US$ | +1.7% |
| 2004 | 9.42 billion current US$ | +13.5% |
| 2005 | 10.26 billion current US$ | +8.9% |
| 2006 | 11.40 billion current US$ | +11.2% |
| 2007 | 12.40 billion current US$ | +8.7% |
| 2008 | 14.10 billion current US$ | +13.7% |
| 2009 | 15.18 billion current US$ | +7.7% |
| 2010 | 16.87 billion current US$ | +11.2% |
| 2011 | 19.15 billion current US$ | +13.5% |
| 2012 | 21.29 billion current US$ | +11.2% |
| 2013 | 23.76 billion current US$ | +11.6% |
| 2014 | 26.74 billion current US$ | +12.5% |
| 2015 | 27.70 billion current US$ | +3.6% |
| 2016 | 29.96 billion current US$ | +8.2% |
| 2017 | 31.34 billion current US$ | +4.6% |
| 2018 | 33.16 billion current US$ | +5.8% |
| 2019 | 35.45 billion current US$ | +6.9% |
| 2020 | 32.79 billion current US$ | -7.5% |
| 2021 | 34.96 billion current US$ | +6.6% |
| 2022 | 37.33 billion current US$ | +6.8% |
| 2023 | 39.67 billion current US$ | +6.3% |
| 2024 | 42.41 billion current US$ | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 527.95 million current US$ | 373.86 million current US$ | 710.98 million current US$ | 10 |
| 1970s | 1.25 billion current US$ | 756.20 million current US$ | 2.08 billion current US$ | 10 |
| 1980s | 3.66 billion current US$ | 2.43 billion current US$ | 4.52 billion current US$ | 10 |
| 1990s | 5.67 billion current US$ | 4.27 billion current US$ | 7.20 billion current US$ | 10 |
| 2000s | 10.38 billion current US$ | 7.11 billion current US$ | 15.18 billion current US$ | 10 |
| 2010s | 26.54 billion current US$ | 16.87 billion current US$ | 35.45 billion current US$ | 10 |
| 2020s | 37.43 billion current US$ | 32.79 billion current US$ | 42.41 billion current US$ | 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)
- GNI (current LCU), annual growth rate 5.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.9515 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 18,830 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 5.4 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 5.4 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.12 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0246 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 487.09 current US$ per person (2025)
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 US$ 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 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Panama?
- The lowest recorded value was 373.86 million current US$ in 1960.
- How does Panama rank for households and npishs final consumption expenditure?
- Panama ranks 84th 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 US$). 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 indicator is expressed in United States dollars.