Gross national expenditure in Panama
Panama: Gross national expenditure was 73.59 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Panama, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Panama recorded 73.59 billion constant 2015 US$ for gross national expenditure in 2024. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 1.0% on the previous year and up 35.1% over ten years.
Over the whole period, gross national expenditure in Panama peaked at 73.59 billion constant 2015 US$ in 2024 and was at its lowest, 15.31 billion constant 2015 US$, in 1996.
Panama ranks 71st of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.93 billion constant 2015 US$ | 15.31 billion constant 2015 US$ | 20.25 billion constant 2015 US$ | 4 |
| 2000s | 27.18 billion constant 2015 US$ | 20.23 billion constant 2015 US$ | 36.74 billion constant 2015 US$ | 10 |
| 2010s | 54.43 billion constant 2015 US$ | 39.81 billion constant 2015 US$ | 65.48 billion constant 2015 US$ | 10 |
| 2020s | 65.15 billion constant 2015 US$ | 51.64 billion constant 2015 US$ | 73.59 billion constant 2015 US$ | 5 |
Countries ranked near Panama
- 68 Ghana 78.24 billion constant 2015 US$ compare
- 69 Croatia 75.15 billion constant 2015 US$ compare
- 70 Costa Rica 75.05 billion constant 2015 US$ compare
- 72 Bulgaria 72.22 billion constant 2015 US$ compare
- 73 Belarus 70.72 billion constant 2015 US$ compare
- 74 Uruguay 64.84 billion constant 2015 US$ compare
More economy & growth data for Panama
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
- Taxes less subsidies on products 2.23 billion current US$ (2025)
- Net primary income (Net income from abroad) -4.39 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.39 billion current US$ (2025)
- GNI per capita 18,830 current LCU (2025)
- GNI per capita, Atlas method 19,140 current US$ (2025)
- GNI 86.07 billion current LCU (2025)
Frequently asked questions
- What is gross national expenditure in Panama?
- Gross national expenditure in Panama was 73.59 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Panama?
- The highest recorded value was 73.59 billion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in Panama?
- The lowest recorded value was 15.31 billion constant 2015 US$ in 1996.
- How does Panama rank for gross national expenditure?
- Panama ranks 71st out of 162 countries with data for 2024.
- Is gross national expenditure rising or falling in Panama?
- Over the last ten years it is up 35.1%. 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 Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.