Final consumption expenditure rose 8.27% to USD 41,379 bil in Panama in 2021, according to the National Statistical Office.
Historically, final consumption expenditure in Panama reached an all time high of USD 43,047 bil in 2019 and an all time low of USD 430 bil in 1960. When compared to Panama's main peers, final consumption expenditure in Colombia amounted to USD 277,438 bil, USD 50,592 bil in Costa Rica, USD 28,335 bil in Honduras and USD 12,463 bil in Nicaragua in 2021.
Panama has been ranked 82nd within the group of 151 countries we follow in terms of final consumption expenditure, 16 places above the position seen 10 years ago.
| Final Consumption Expenditure (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Belize | USD bil | 1,647 | 1,694 | 1,719 | 1,779 | 1,841 | ||||||||||||||||
| Brazil | USD bil | 1,509,203 | 1,519,715 | 1,746,888 | 1,620,034 | 1,594,674 | ||||||||||||||||
| Colombia | USD bil | 244,431 | 236,444 | 260,089 | 279,189 | 272,840 | ||||||||||||||||
| Costa Rica | USD bil | 46,231 | 47,530 | 49,310 | 50,622 | 52,208 | ||||||||||||||||
| El Salvador | USD bil | 23,806 | 24,176 | 24,871 | 25,863 | 26,286 | ||||||||||||||||
| Guatemala | USD bil | 59,329 | 62,754 | 68,418 | 71,042 | 74,081 | ||||||||||||||||
| Honduras | USD bil | 19,262 | 19,765 | 21,009 | 22,640 | 23,951 | ||||||||||||||||
| Mexico | USD bil | 910,883 | 836,182 | 890,459 | 933,276 | 968,233 | ||||||||||||||||
| Nicaragua | USD bil | 10,786 | 11,273 | 11,551 | 11,118 | 10,974 | ||||||||||||||||
| Panama | USD bil | 33,435 | 36,461 | 38,621 | 40,858 | 43,047 | ||||||||||||||||
| Peru | USD bil | 148,585 | 149,999 | 163,239 | 171,257 | 178,165 | ||||||||||||||||
| USA | USD bil | 14,872,459 | 15,356,374 | 15,960,169 | 16,771,912 | 17,401,500 | ||||||||||||||||
| Venezuela | USD bil | ... | ... | ... | ... | ... | ... | ... |
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