Panama - Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Panama was 61,187,740,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 71,709,840,000 in 2019 and 6,888,361,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 6,888,361,000
1991 8,054,040,000
1992 8,828,842,000
1993 9,801,441,000
1994 10,152,100,000
1995 10,205,630,000
1996 10,623,360,000
1997 11,391,840,000
1998 13,478,930,000
1999 14,334,020,000
2000 14,218,240,000
2001 15,229,540,000
2002 16,596,360,000
2003 17,189,800,000
2004 19,902,670,000
2005 21,162,680,000
2006 22,955,970,000
2007 25,177,220,000
2008 27,407,030,000
2009 28,670,420,000
2010 31,330,660,000
2011 34,812,650,000
2012 39,638,170,000
2013 43,157,980,000
2014 48,903,350,000
2015 52,310,690,000
2016 58,370,340,000
2017 62,036,980,000
2018 66,762,960,000
2019 71,709,840,000
2020 61,187,740,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity