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General Government Final Consumption Expenditure (USD) rose 8.25% to USD 9,866 bil in Panama in 2021

General Government Final Consumption Expenditure (USD) (USD bil), 2021
Economy | Panama | April 1, 2023
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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 ... ... ... ... ... ... ...