Panama - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Panama was $38,216,970,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $43,046,820,000 in 2019 and $429,940,600 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $429,940,600
1961 $457,029,900
1962 $484,467,900
1963 $551,551,700
1964 $596,894,300
1965 $647,933,700
1966 $673,860,400
1967 $742,688,100
1968 $769,079,800
1969 $852,324,100
1970 $935,335,900
1971 $1,025,461,000
1972 $1,121,772,000
1973 $1,234,459,000
1974 $1,520,239,000
1975 $1,707,161,000
1976 $1,789,038,000
1977 $2,007,133,000
1978 $2,322,389,000
1979 $2,742,568,000
1980 $3,207,265,000
1981 $3,782,251,000
1982 $3,901,652,000
1983 $4,435,130,000
1984 $5,229,023,000
1985 $5,511,682,000
1986 $5,533,201,000
1987 $5,534,864,000
1988 $4,985,340,000
1989 $5,609,499,000
1990 $5,378,381,000
1991 $6,030,632,000
1992 $6,470,094,000
1993 $6,956,048,000
1994 $7,136,361,000
1995 $7,120,998,000
1996 $7,290,350,000
1997 $7,657,716,000
1998 $8,870,688,000
1999 $9,381,490,000
2000 $9,225,868,000
2001 $9,689,818,000
2002 $10,539,240,000
2003 $10,667,610,000
2004 $11,949,000,000
2005 $12,631,450,000
2006 $13,520,130,000
2007 $15,036,900,000
2008 $17,154,300,000
2009 $18,417,900,000
2010 $20,601,400,000
2011 $23,374,800,000
2012 $25,869,900,000
2013 $28,866,000,000
2014 $31,983,200,000
2015 $33,434,500,000
2016 $36,460,500,000
2017 $38,621,340,000
2018 $40,858,490,000
2019 $43,046,820,000
2020 $38,216,970,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Panama was 38,216,970,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 43,046,820,000 in 2019 and a minimum value of 429,940,600 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 429,940,600
1961 457,029,900
1962 484,467,900
1963 551,551,700
1964 596,894,300
1965 647,933,700
1966 673,860,400
1967 742,688,100
1968 769,079,800
1969 852,324,100
1970 935,335,900
1971 1,025,461,000
1972 1,121,772,000
1973 1,234,459,000
1974 1,520,239,000
1975 1,707,161,000
1976 1,789,038,000
1977 2,007,133,000
1978 2,322,389,000
1979 2,742,568,000
1980 3,207,265,000
1981 3,782,251,000
1982 3,901,652,000
1983 4,435,130,000
1984 5,229,023,000
1985 5,511,682,000
1986 5,533,201,000
1987 5,534,864,000
1988 4,985,340,000
1989 5,609,499,000
1990 5,378,381,000
1991 6,030,632,000
1992 6,470,094,000
1993 6,956,048,000
1994 7,136,361,000
1995 7,120,998,000
1996 7,290,350,000
1997 7,657,716,000
1998 8,870,688,000
1999 9,381,490,000
2000 9,225,868,000
2001 9,689,818,000
2002 10,539,240,000
2003 10,667,610,000
2004 11,949,000,000
2005 12,631,450,000
2006 13,520,130,000
2007 15,036,900,000
2008 17,154,300,000
2009 18,417,900,000
2010 20,601,400,000
2011 23,374,800,000
2012 25,869,900,000
2013 28,866,000,000
2014 31,983,200,000
2015 33,434,500,000
2016 36,460,500,000
2017 38,621,340,000
2018 40,858,490,000
2019 43,046,820,000
2020 38,216,970,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Panama was 39,929,640,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 39,929,640,000 in 2019 and 2,341,293,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 2,341,293,000
1961 2,509,071,000
1962 2,664,186,000
1963 2,949,725,000
1964 3,139,662,000
1965 3,403,042,000
1966 3,486,614,000
1967 3,777,218,000
1968 3,896,246,000
1969 4,321,705,000
1970 4,585,084,000
1971 4,953,746,000
1972 5,128,564,000
1973 5,259,974,000
1974 5,739,829,000
1975 5,751,721,000
1976 5,805,237,000
1977 6,169,142,000
1978 6,769,704,000
1979 7,139,555,000
1980 7,492,163,000
1981 8,735,154,000
1982 8,394,469,000
1983 8,794,013,000
1984 9,910,009,000
1985 10,686,770,000
1986 11,151,840,000
1987 11,140,530,000
1988 9,886,233,000
1989 11,498,320,000
1990 10,368,700,000
1991 12,017,320,000
1992 12,542,410,000
1993 13,038,510,000
1994 12,753,490,000
1995 12,337,710,000
1996 12,540,320,000
1997 13,392,170,000
1998 15,550,750,000
1999 15,646,020,000
2000 15,672,920,000
2001 16,288,830,000
2002 17,477,180,000
2003 18,756,400,000
2004 19,495,970,000
2005 21,068,160,000
2006 22,029,300,000
2007 22,337,350,000
2008 23,597,470,000
2009 24,361,120,000
2010 26,034,580,000
2011 27,456,240,000
2012 28,333,510,000
2013 30,298,400,000
2014 32,273,050,000
2015 33,434,500,000
2016 35,965,980,000
2017 37,061,460,000
2018 38,544,810,000
2019 39,929,640,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Panama was 3.59 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 16.59 in 1981 and a minimum value of -11.26 in 1988.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 7.17
1962 6.18
1963 10.72
1964 6.44
1965 8.39
1966 2.46
1967 8.33
1968 3.15
1969 10.92
1970 6.09
1971 8.04
1972 3.53
1973 2.56
1974 9.12
1975 0.21
1976 0.93
1977 6.27
1978 9.73
1979 5.46
1980 4.94
1981 16.59
1982 -3.90
1983 4.76
1984 12.69
1985 7.84
1986 4.35
1987 -0.10
1988 -11.26
1989 16.31
1990 -9.82
1991 15.90
1992 4.37
1993 3.96
1994 -2.19
1995 -3.26
1996 1.64
1997 6.79
1998 16.12
1999 0.61
2000 0.17
2001 3.93
2002 7.30
2003 7.32
2004 3.94
2005 8.06
2006 4.56
2007 1.40
2008 5.64
2009 3.24
2010 6.87
2011 5.46
2012 3.20
2013 6.93
2014 6.52
2015 3.60
2016 7.57
2017 3.05
2018 4.00
2019 3.59

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Panama was 26,991,100,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 26,991,100,000 in 2019 and a minimum value of 1,582,635,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,582,635,000
1961 1,696,048,000
1962 1,800,900,000
1963 1,993,915,000
1964 2,122,306,000
1965 2,300,342,000
1966 2,356,834,000
1967 2,553,273,000
1968 2,633,731,000
1969 2,921,327,000
1970 3,099,363,000
1971 3,348,566,000
1972 3,466,737,000
1973 3,555,566,000
1974 3,879,932,000
1975 3,887,971,000
1976 3,924,145,000
1977 4,170,133,000
1978 4,576,093,000
1979 4,826,100,000
1980 5,064,451,000
1981 5,904,671,000
1982 5,674,380,000
1983 5,944,457,000
1984 6,698,833,000
1985 7,223,898,000
1986 7,538,270,000
1987 7,530,626,000
1988 6,682,762,000
1989 7,772,481,000
1990 7,008,893,000
1991 8,123,308,000
1992 8,478,250,000
1993 8,813,594,000
1994 8,620,933,000
1995 8,339,880,000
1996 8,476,835,000
1997 9,052,657,000
1998 10,511,780,000
1999 10,576,190,000
2000 10,594,370,000
2001 11,010,700,000
2002 11,813,990,000
2003 12,678,690,000
2004 13,178,630,000
2005 14,241,370,000
2006 14,891,060,000
2007 15,099,300,000
2008 15,951,100,000
2009 16,467,300,000
2010 17,598,500,000
2011 18,559,500,000
2012 19,152,500,000
2013 20,480,700,000
2014 21,815,500,000
2015 22,600,600,000
2016 24,311,800,000
2017 25,052,300,000
2018 26,055,000,000
2019 26,991,100,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Panama was 70.80 as of 2020. Its highest value over the past 60 years was 94.78 in 1989, while its lowest value was 61.81 in 2015.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 80.04
1961 76.30
1962 74.29
1963 76.31
1964 76.91
1965 76.01
1966 72.55
1967 71.80
1968 69.11
1969 69.79
1970 69.23
1971 67.29
1972 67.04
1973 64.50
1974 69.47
1975 70.10
1976 69.13
1977 73.30
1978 71.58
1979 74.03
1980 69.51
1981 72.42
1982 67.62
1983 74.87
1984 84.57
1985 84.26
1986 81.40
1987 81.07
1988 84.46
1989 94.78
1990 83.59
1991 85.24
1992 80.45
1993 79.20
1994 76.20
1995 74.38
1996 73.86
1997 71.72
1998 76.63
1999 77.34
2000 74.98
2001 77.51
2002 81.11
2003 77.90
2004 79.59
2005 77.14
2006 74.53
2007 70.61
2008 68.19
2009 67.92
2010 69.98
2011 67.39
2012 63.99
2013 63.30
2014 64.07
2015 61.81
2016 62.96
2017 62.09
2018 62.93
2019 64.26
2020 70.80

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts