Panama - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts