Luxembourg vs Panama: Final consumption expenditure
Final consumption expenditure over time
- Luxembourg
- Panama
How they compare
Panama currently reports 53.15 billion current LCU against 47.75 billion current LCU in Luxembourg, a difference of 5.40 billion current LCU.
That makes Panama's figure about 1.1 times Luxembourg's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Luxembourg ahead.
Globally, Luxembourg ranks 150th and Panama ranks 147th of 187 countries.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.