Households and NPISHs Final consumption expenditure in Panama

Panama: Households and NPISHs Final consumption expenditure was 38.36 billion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
38.36 billion constant 2015 US$
Change on year
up 6.5%
World rank
78th
of 171 countries
All-time high
38.36 billion constant 2015 US$
in 2024
All-time low
9.26 billion constant 2015 US$
in 1996
Years of data
29
1996–2024

Households and NPISHs Final consumption expenditure in Panama, 1996–2024

10.0B20.0B30.0B40.0B1996201020241996: 9.3B constant 2015 US$1997: 10.1B constant 2015 US$1998: 12.1B constant 2015 US$1999: 12.3B constant 2015 US$2000: 12.6B constant 2015 US$2001: 13.1B constant 2015 US$2002: 13.9B constant 2015 US$2003: 15.1B constant 2015 US$2004: 15.7B constant 2015 US$2005: 17.5B constant 2015 US$2006: 18.6B constant 2015 US$2007: 18.8B constant 2015 US$2008: 19.7B constant 2015 US$2009: 20.4B constant 2015 US$2010: 21.8B constant 2015 US$2011: 23.0B constant 2015 US$2012: 23.8B constant 2015 US$2013: 25.4B constant 2015 US$2014: 27.1B constant 2015 US$2015: 27.7B constant 2015 US$2016: 29.5B constant 2015 US$2017: 30.3B constant 2015 US$2018: 31.4B constant 2015 US$2019: 33.6B constant 2015 US$2020: 31.0B constant 2015 US$2021: 33.0B constant 2015 US$2022: 34.2B constant 2015 US$2023: 36.0B constant 2015 US$2024: 38.4B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

In 2024, households and npishs final consumption expenditure in Panama stood at 38.36 billion constant 2015 US$. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 6.5% on the previous year and up 41.4% over ten years.

Over the whole period, households and npishs final consumption expenditure in Panama peaked at 38.36 billion constant 2015 US$ in 2024 and was at its lowest, 9.26 billion constant 2015 US$, in 1996.

That places Panama 78th out of 171 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.97 billion constant 2015 US$ 9.26 billion constant 2015 US$ 12.34 billion constant 2015 US$ 4
2000s 16.53 billion constant 2015 US$ 12.56 billion constant 2015 US$ 20.40 billion constant 2015 US$ 10
2010s 27.37 billion constant 2015 US$ 21.79 billion constant 2015 US$ 33.62 billion constant 2015 US$ 10
2020s 34.50 billion constant 2015 US$ 30.96 billion constant 2015 US$ 38.36 billion constant 2015 US$ 5

Countries ranked near Panama

  1. 75 Yemen 42.54 billion constant 2015 US$ compare
  2. 76 Oman 41.38 billion constant 2015 US$ compare
  3. 77 Tanzania 41.10 billion constant 2015 US$ compare
  4. 79 Tunisia 38.28 billion constant 2015 US$ compare
  5. 80 Serbia 38.16 billion constant 2015 US$ compare
  6. 81 Qatar 37.64 billion constant 2015 US$ compare

See the full ranking of 213 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is households and npishs final consumption expenditure in Panama?
Households and npishs final consumption expenditure in Panama was 38.36 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest households and npishs final consumption expenditure recorded in Panama?
The highest recorded value was 38.36 billion constant 2015 US$ in 2024.
What is the lowest households and npishs final consumption expenditure recorded in Panama?
The lowest recorded value was 9.26 billion constant 2015 US$ in 1996.
How does Panama rank for households and npishs final consumption expenditure?
Panama ranks 78th out of 171 countries with data for 2024.
Is households and npishs final consumption expenditure rising or falling in Panama?
Over the last ten years it is up 41.4%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Households and NPISHs Final consumption expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 8,932 data points, 1960–2025
Last refreshed

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. 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.