Households and NPISHs Final consumption expenditure per capita in Panama
Panama: Households and NPISHs Final consumption expenditure per capita was 8,494 constant 2015 US$ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita in Panama, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Panama recorded 8,494 constant 2015 US$ for households and npishs final consumption expenditure per capita in 2024. 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 per capita in Panama peaked at 8,494 constant 2015 US$ in 2024 and was at its lowest, 3,330 constant 2015 US$, in 1996.
Panama ranks 64th of 171 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Households and NPISHs Final consumption expenditure per capita in Panama, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1996 | 3,330 constant 2015 US$ | — |
| 1997 | 3,569 constant 2015 US$ | +7.2% |
| 1998 | 4,197 constant 2015 US$ | +17.6% |
| 1999 | 4,182 constant 2015 US$ | -0.3% |
| 2000 | 4,171 constant 2015 US$ | -0.3% |
| 2001 | 4,254 constant 2015 US$ | +2.0% |
| 2002 | 4,451 constant 2015 US$ | +4.6% |
| 2003 | 4,738 constant 2015 US$ | +6.5% |
| 2004 | 4,819 constant 2015 US$ | +1.7% |
| 2005 | 5,281 constant 2015 US$ | +9.6% |
| 2006 | 5,523 constant 2015 US$ | +4.6% |
| 2007 | 5,463 constant 2015 US$ | -1.1% |
| 2008 | 5,626 constant 2015 US$ | +3.0% |
| 2009 | 5,724 constant 2015 US$ | +1.7% |
| 2010 | 6,006 constant 2015 US$ | +4.9% |
| 2011 | 6,230 constant 2015 US$ | +3.7% |
| 2012 | 6,322 constant 2015 US$ | +1.5% |
| 2013 | 6,632 constant 2015 US$ | +4.9% |
| 2014 | 6,968 constant 2015 US$ | +5.1% |
| 2015 | 6,996 constant 2015 US$ | +0.4% |
| 2016 | 7,332 constant 2015 US$ | +4.8% |
| 2017 | 7,392 constant 2015 US$ | +0.8% |
| 2018 | 7,546 constant 2015 US$ | +2.1% |
| 2019 | 7,938 constant 2015 US$ | +5.2% |
| 2020 | 7,211 constant 2015 US$ | -9.2% |
| 2021 | 7,600 constant 2015 US$ | +5.4% |
| 2022 | 7,762 constant 2015 US$ | +2.1% |
| 2023 | 8,079 constant 2015 US$ | +4.1% |
| 2024 | 8,494 constant 2015 US$ | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,819 constant 2015 US$ | 3,330 constant 2015 US$ | 4,197 constant 2015 US$ | 4 |
| 2000s | 5,005 constant 2015 US$ | 4,171 constant 2015 US$ | 5,724 constant 2015 US$ | 10 |
| 2010s | 6,936 constant 2015 US$ | 6,006 constant 2015 US$ | 7,938 constant 2015 US$ | 10 |
| 2020s | 7,829 constant 2015 US$ | 7,211 constant 2015 US$ | 8,494 constant 2015 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)
- Manufacturing, value added (constant LCU), per capita 842.84 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.09 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.249 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,928 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 2.09 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.249 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,928 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.48 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita in Panama?
- Households and npishs final consumption expenditure per capita in Panama was 8,494 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure per capita recorded in Panama?
- The highest recorded value was 8,494 constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure per capita recorded in Panama?
- The lowest recorded value was 3,330 constant 2015 US$ in 1996.
- How does Panama rank for households and npishs final consumption expenditure per capita?
- Panama ranks 64th out of 171 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita 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 Country official statistics, National Statistical Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure per capita (constant 2015 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. The core indicator has been divided by the general population to achieve a per capita estimate.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 is 2015. This indicator is expressed in United States dollars.