Households and NPISHs Final consumption expenditure, PPP in Panama
Panama: Households and NPISHs Final consumption expenditure, PPP was 82.99 billion current international $ in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure, PPP in Panama, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2024, households and npishs final consumption expenditure, ppp in Panama stood at 82.99 billion current international $. That is the highest value across all 35 years on record.
The figure is up 9.3% on the previous year and up 67.0% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Panama peaked at 82.99 billion current international $ in 2024 and was at its lowest, 6.24 billion current international $, in 1990.
Panama ranks 88th of 181 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, PPP in Panama, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 6.24 billion current international $ | — |
| 1991 | 7.29 billion current international $ | +16.9% |
| 1992 | 7.99 billion current international $ | +9.6% |
| 1993 | 8.87 billion current international $ | +11.0% |
| 1994 | 9.19 billion current international $ | +3.6% |
| 1995 | 9.24 billion current international $ | +0.5% |
| 1996 | 9.73 billion current international $ | +5.3% |
| 1997 | 10.51 billion current international $ | +8.1% |
| 1998 | 12.50 billion current international $ | +18.9% |
| 1999 | 13.39 billion current international $ | +7.1% |
| 2000 | 13.46 billion current international $ | +0.6% |
| 2001 | 14.61 billion current international $ | +8.5% |
| 2002 | 15.94 billion current international $ | +9.2% |
| 2003 | 16.51 billion current international $ | +3.6% |
| 2004 | 19.16 billion current international $ | +16.0% |
| 2005 | 20.97 billion current international $ | +9.4% |
| 2006 | 23.48 billion current international $ | +12.0% |
| 2007 | 25.21 billion current international $ | +7.3% |
| 2008 | 27.37 billion current international $ | +8.6% |
| 2009 | 28.67 billion current international $ | +4.8% |
| 2010 | 31.30 billion current international $ | +9.2% |
| 2011 | 34.62 billion current international $ | +10.6% |
| 2012 | 39.62 billion current international $ | +14.4% |
| 2013 | 43.48 billion current international $ | +9.7% |
| 2014 | 49.70 billion current international $ | +14.3% |
| 2015 | 53.74 billion current international $ | +8.1% |
| 2016 | 60.54 billion current international $ | +12.6% |
| 2017 | 64.81 billion current international $ | +7.1% |
| 2018 | 64.01 billion current international $ | -1.2% |
| 2019 | 66.33 billion current international $ | +3.6% |
| 2020 | 59.57 billion current international $ | -10.2% |
| 2021 | 62.12 billion current international $ | +4.3% |
| 2022 | 69.63 billion current international $ | +12.1% |
| 2023 | 75.92 billion current international $ | +9.0% |
| 2024 | 82.99 billion current international $ | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.50 billion current international $ | 6.24 billion current international $ | 13.39 billion current international $ | 10 |
| 2000s | 20.54 billion current international $ | 13.46 billion current international $ | 28.67 billion current international $ | 10 |
| 2010s | 50.82 billion current international $ | 31.30 billion current international $ | 66.33 billion current international $ | 10 |
| 2020s | 70.04 billion current international $ | 59.57 billion current international $ | 82.99 billion current international $ | 5 |
Countries ranked near Panama
- 85 Paraguay 85.34 billion current international $ compare
- 86 Lithuania 83.66 billion current international $ compare
- 87 Yemen 83.23 billion current international $ compare
- 89 Cambodia 81.38 billion current international $ compare
- 90 Georgia 67.99 billion current international $ compare
- 91 Honduras 66.91 billion current international $ 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)
- Services, value added (current US$), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7002 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 13,857 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.7002 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 13,857 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.43 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6362 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Panama?
- Households and npishs final consumption expenditure, ppp in Panama was 82.99 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Panama?
- The highest recorded value was 82.99 billion current international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Panama?
- The lowest recorded value was 6.24 billion current international $ in 1990.
- How does Panama rank for households and npishs final consumption expenditure, ppp?
- Panama ranks 88th out of 181 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Panama?
- Over the last ten years it is up 67.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.