General government final consumption expenditure rose 8.25% to USD 9,866 bil in Panama in 2021, according to the National Statistical Office.
Historically, general government final consumption expenditure in Panama reached an all time high of USD 9,866 bil in 2021 and an all time low of USD 56.1 bil in 1960. When compared to Panama's main peers, general government final consumption expenditure in Colombia amounted to USD 51,326 bil, USD 10,444 bil in Costa Rica, USD 4,165 bil in Honduras and USD 1,994 bil in Nicaragua in 2021.
Panama has been ranked 73rd within the group of 150 countries we follow in terms of general government final consumption expenditure, 24 places above the position seen 10 years ago.
General Government 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 | 377 | 406 | 427 | 445 | 448 | ||||||||||||||||
Brazil | USD bil | 356,421 | 365,951 | 416,042 | 381,378 | 374,347 | ||||||||||||||||
Colombia | USD bil | 43,469 | 41,126 | 46,410 | 51,538 | 50,965 | ||||||||||||||||
Costa Rica | USD bil | 9,573 | 9,833 | 9,899 | 10,109 | 10,791 | ||||||||||||||||
El Salvador | USD bil | 3,867 | 3,947 | 4,030 | 4,192 | 4,310 | ||||||||||||||||
Guatemala | USD bil | 6,895 | 6,896 | 7,576 | 8,154 | 8,597 | ||||||||||||||||
Honduras | USD bil | 3,001 | 3,065 | 3,123 | 3,240 | 3,384 | ||||||||||||||||
Mexico | USD bil | 144,341 | 129,531 | 134,626 | 141,437 | 144,584 | ||||||||||||||||
Nicaragua | USD bil | 1,793 | 1,921 | 1,987 | 1,928 | 1,902 | ||||||||||||||||
Panama | USD bil | 5,564 | 6,353 | 7,103 | 7,496 | 7,975 | ||||||||||||||||
Peru | USD bil | 24,609 | 25,261 | 27,879 | 29,110 | 30,240 | ||||||||||||||||
USA | USD bil | 2,608,983 | 2,663,108 | 2,726,560 | 2,866,932 | 3,008,779 | ||||||||||||||||
Venezuela | USD bil | ... | ... | ... | ... | ... | ... | ... |