Gross national expenditure in Panama
Panama: Gross national expenditure was 82.16 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Panama, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross national expenditure in Panama stood at 82.16 billion current US$. That is the highest value across all 65 years on record.
The figure is up 1.0% on the previous year and up 51.9% over ten years.
Over the whole period, gross national expenditure in Panama peaked at 82.16 billion current US$ in 2024 and was at its lowest, 544.43 million current US$, in 1960.
That places Panama 81st out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 843.93 million current US$ | 544.43 million current US$ | 1.23 billion current US$ | 10 |
| 1970s | 2.49 billion current US$ | 1.40 billion current US$ | 4.03 billion current US$ | 10 |
| 1980s | 6.10 billion current US$ | 4.84 billion current US$ | 7.11 billion current US$ | 10 |
| 1990s | 9.65 billion current US$ | 6.74 billion current US$ | 12.13 billion current US$ | 10 |
| 2000s | 18.02 billion current US$ | 12.03 billion current US$ | 27.78 billion current US$ | 10 |
| 2010s | 53.49 billion current US$ | 31.86 billion current US$ | 69.78 billion current US$ | 10 |
| 2020s | 71.65 billion current US$ | 54.87 billion current US$ | 82.16 billion current US$ | 5 |
Countries ranked near Panama
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 82.16 billion current 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 82.16 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Panama?
- The lowest recorded value was 544.43 million current US$ in 1960.
- How does Panama rank for gross national expenditure?
- Panama ranks 81st out of 185 countries with data for 2024.
- Is gross national expenditure rising or falling in Panama?
- Over the last ten years it is up 51.9%. 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 Organizations and/or Central Banks, published as part of Gross national expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.