Panama Private Consumption Expenditure

1969 - 2021 | Yearly | USD mn | CEIC Data

Key information about Panama Private Consumption Expenditure

  • Panama Private Consumption Expenditure was reported at 34.050 USD bn in Dec 2021. This records an increase from the previous number of 31.729 USD bn for Dec 2020.
  • Panama Private Consumption Expenditure data is updated yearly, averaging 4.712 USD bn from Dec 1969 to 2021, with 53 observations.
  • The data reached an all-time high of 35.301 USD bn in 2019 and a record low of 622.556 USD mn in 1969.
  • Panama Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Annual: North and South America.

CEIC converts annual Private Consumption Expenditure into USD. The National Institute of Statistics and Census provides Private Consumption Expenditure in local currency based on benchmark year 2018. The International Monetary Fund average market exchange rate is used for currency conversions. Private Consumption Expenditure prior to 2018 is based on previous benchmark year. Priot to 2007, it is based on previous benchmark year 1996. Prior to 1996, it is sourced from the International Monetary Fund.

View Panama's Private Consumption Expenditure from 1969 to 2021 in the chart:

Panama Private Consumption Expenditure

What was Panama's Private Consumption Expenditure in 2021?

Panama Private Consumption Expenditure was reported at 34.050 USD bn in Dec 2021. This records an increase from the previous number of 31.729 USD bn for Dec 2020. See the table below for more data.

Last Previous Min Max Unit Frequency Range
34,049.753 2021 31,728.501 2020 622.556 1969 35,300.530 2019 USD mn yearly 1969 - 2021

Private Consumption Expenditure by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 4,587.665 Mar 2024 quarterly Mar 2008 - Mar 2024
Algeria (USD mn) 98,825.666 2023 yearly 1957 - 2023
Argentina (USD mn) 97,875.121 Dec 2023 quarterly Mar 1993 - Dec 2023
Armenia (USD mn) 4,336.449 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (USD mn) 225,103.552 Mar 2024 quarterly Sep 1959 - Mar 2024
Austria (USD mn) 68,400.143 Dec 2023 quarterly Mar 1988 - Dec 2023
Azerbaijan (USD mn) 9,446.647 Mar 2024 quarterly Mar 2001 - Mar 2024
Bahrain (USD mn) 16,951.449 2022 yearly 1975 - 2022
Bangladesh (USD mn) 303,536.168 2024 yearly 1981 - 2024
Belarus (USD mn) 9,802.370 Mar 2024 quarterly Mar 2000 - Mar 2024
Belgium (USD mn) 82,627.764 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (USD mn) 8,290.313 Mar 2024 quarterly Mar 1990 - Mar 2024
Bosnia and Herzegovina (USD mn) 5,097.030 Mar 2024 quarterly Mar 2008 - Mar 2024
Botswana (USD mn) 2,100.643 Mar 2024 quarterly Mar 2006 - Mar 2024
Brazil (USD mn) 355,491.220 Mar 2024 quarterly Mar 1996 - Mar 2024
Brunei (USD mn) 1,145.982 Mar 2024 quarterly Mar 2013 - Mar 2024
Bulgaria (USD mn) 14,360.608 Mar 2024 quarterly Mar 1995 - Mar 2024
Cambodia (USD mn) 24,090.182 2022 yearly 1993 - 2022
Canada (USD mn) 304,467.183 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (USD mn) 47,272.742 Jun 2024 quarterly Mar 1996 - Jun 2024
China (USD mn) 6,967,063.576 2023 yearly 1957 - 2023
Colombia (USD mn) 78,401.225 Mar 2024 quarterly Mar 2000 - Mar 2024
Croatia (USD mn) 12,062.912 Mar 2024 quarterly Mar 1995 - Mar 2024
Cyprus (USD mn) 5,018.476 Mar 2024 quarterly Mar 1995 - Mar 2024
Czech Republic (USD mn) 40,399.071 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (USD mn) 47,395.380 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (USD mn) 18,364.375 Mar 2024 quarterly Mar 1991 - Mar 2024
Egypt (USD mn) 99,333.490 Dec 2023 quarterly Sep 2001 - Dec 2023
Estonia (USD mn) 5,629.986 Jun 2024 quarterly Mar 1995 - Jun 2024
European Union (USD mn) 2,494,155.845 Mar 2024 quarterly Mar 1999 - Mar 2024
Finland (USD mn) 39,193.068 Jun 2024 quarterly Mar 1990 - Jun 2024
France (USD mn) 429,188.102 Jun 2024 quarterly Mar 1957 - Jun 2024
Georgia (USD mn) 6,292.625 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (USD mn) 574,965.669 Mar 2024 quarterly Mar 1960 - Mar 2024
Ghana (USD mn) 64,338.281 2023 yearly 2006 - 2023
Greece (USD mn) 42,272.611 Mar 2024 quarterly Mar 1995 - Mar 2024
Hong Kong SAR, China (USD mn) 69,446.283 Jun 2024 quarterly Mar 1973 - Jun 2024
Hungary (USD mn) 27,887.902 Jun 2024 quarterly Mar 1995 - Jun 2024
Iceland (USD mn) 4,012.422 Jun 2024 quarterly Mar 1995 - Jun 2024
India (USD mn) 559,662.883 Jun 2024 quarterly Jun 1996 - Jun 2024
Indonesia (USD mn) 191,235.025 Jun 2024 quarterly Mar 1993 - Jun 2024
Iran (USD mn) 494,594.369 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (USD mn) 41,199.997 Mar 2024 quarterly Mar 1995 - Mar 2024
Israel (USD mn) 62,837.082 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (USD mn) 336,418.220 Jun 2024 quarterly Mar 1995 - Jun 2024
Ivory Coast (USD mn) 51,849.173 2023 yearly 1960 - 2023
Japan (USD mn) 527,426.863 Jun 2024 quarterly Mar 1980 - Jun 2024
Jordan (USD mn) 40,150.278 2023 yearly 1962 - 2023
Kazakhstan (USD mn) 30,220.845 Mar 2024 quarterly Mar 2007 - Mar 2024
Kenya (USD mn) 86,626.716 2022 yearly 1960 - 2022
South Korea (USD mn) 230,100.687 Mar 2024 quarterly Mar 1960 - Mar 2024
Kosovo (USD mn) 2,095.959 Mar 2024 quarterly Mar 2010 - Mar 2024
Kuwait (USD mn) 59,798.150 2022 yearly 1962 - 2022
Kyrgyzstan (USD mn) 3,376.283 Sep 2023 quarterly Mar 2008 - Sep 2023
Laos (USD mn) 10,453.639 2016 yearly 2000 - 2016
Latvia (USD mn) 6,781.819 Jun 2024 quarterly Mar 1995 - Jun 2024
Lebanon (USD mn) 67,290.874 2020 yearly 1990 - 2020
Lithuania (USD mn) 11,849.966 Jun 2024 quarterly Mar 1995 - Jun 2024
Luxembourg (USD mn) 6,954.479 Mar 2024 quarterly Mar 1995 - Mar 2024
Macau SAR, China (USD mn) 3,590.425 Jun 2024 quarterly Mar 2001 - Jun 2024
North Macedonia (USD mn) 2,534.894 Mar 2024 quarterly Mar 2000 - Mar 2024
Malawi (USD mn) 6,072.721 2019 yearly 1960 - 2019
Malaysia (USD mn) 59,531.296 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (USD mn) 2,263.328 Mar 2024 quarterly Mar 1992 - Mar 2024
Mauritius (USD mn) 2,291.934 Mar 2024 quarterly Mar 1999 - Mar 2024
Mexico (USD mn) 346,053.142 Mar 2024 quarterly Mar 1993 - Mar 2024
Moldova (USD mn) 3,274.147 Mar 2024 quarterly Mar 1995 - Mar 2024
Mongolia (USD mn) 2,943.045 Jun 2024 quarterly Mar 2010 - Jun 2024
Montenegro (USD mn) 1,270.720 Mar 2024 quarterly Mar 2010 - Mar 2024
Morocco (USD mn) 23,734.486 Mar 2024 quarterly Mar 2007 - Mar 2024
Mozambique (USD mn) 16,345.184 2023 yearly 1969 - 2023
Nepal (USD mn) 35,007.033 2022 yearly 1975 - 2022
Netherlands (USD mn) 130,027.412 Jun 2024 quarterly Mar 1988 - Jun 2024
New Zealand (USD mn) 37,409.645 Mar 2024 quarterly Jun 1987 - Mar 2024
Nigeria (USD mn) 44,757.800 Dec 2023 quarterly Mar 2010 - Dec 2023
Norway (USD mn) 46,573.988 Jun 2024 quarterly Mar 1978 - Jun 2024
Oman (USD mn) 38,442.752 2022 yearly 1980 - 2022
Pakistan (USD mn) 314,294.634 2024 yearly 1960 - 2024
Palestinian Territory (USD mn) 3,025.900 Mar 2024 quarterly Mar 2011 - Mar 2024
Panama (USD mn) 34,049.753 2021 yearly 1969 - 2021
Paraguay (USD mn) 7,396.548 Mar 2024 quarterly Mar 1994 - Mar 2024
Peru (USD mn) 47,085.354 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (USD mn) 81,333.056 Jun 2024 quarterly Mar 1981 - Jun 2024
Poland (USD mn) 128,501.543 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (USD mn) 46,352.957 Mar 2024 quarterly Mar 1995 - Mar 2024
Qatar (USD mn) 12,296.333 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (USD mn) 58,498.552 Mar 2024 quarterly Mar 1995 - Mar 2024
Russia (USD mn) 247,185.230 Mar 2024 quarterly Mar 1993 - Mar 2024
Saudi Arabia (USD mn) 109,180.179 Mar 2024 quarterly Mar 2003 - Mar 2024
Serbia (USD mn) 11,945.802 Mar 2024 quarterly Mar 1995 - Mar 2024
Singapore (USD mn) 41,861.211 Jun 2024 quarterly Mar 1975 - Jun 2024
Slovakia (USD mn) 20,158.031 Mar 2024 quarterly Mar 1995 - Mar 2024
Slovenia (USD mn) 9,254.972 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (USD mn) 61,458.592 Mar 2024 quarterly Mar 1960 - Mar 2024
Spain (USD mn) 229,230.896 Jun 2024 quarterly Mar 1995 - Jun 2024
Sri Lanka (USD mn) 16,837.461 Mar 2024 quarterly Mar 2010 - Mar 2024
Sudan (USD mn) 89,303.523 2023 yearly 1960 - 2023
Sweden (USD mn) 68,901.847 Jun 2024 quarterly Mar 1980 - Jun 2024
Switzerland (USD mn) 115,906.886 Jun 2024 quarterly Mar 1980 - Jun 2024
Syria (USD mn) 36,535.969 2022 yearly 1990 - 2022

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 573.926 Jun 2024 monthly Jan 1995 - Jun 2024
Tax Revenue: % of GDP (%) 6.9 Mar 2024 quarterly Mar 2007 - Mar 2024
National Government Debt (USD mn) 51,860.5 Jul 2024 monthly Jul 2004 - Jul 2024
Government Debt: % of GDP (%) 59.2 Mar 2024 quarterly Dec 2007 - Mar 2024
Forecast: Government Expenditure (PAB bn) 22.672 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 20.911 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax (PAB th) 573,925.615 Jun 2024 monthly Jan 1995 - Jun 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 370,551.352 Jun 2024 monthly Jan 1995 - Jun 2024
Central Government Revenue: Current Revenue (PAB th) 670,830.564 Jun 2024 monthly Jan 1995 - Jun 2024
Public Debt: Domestic (USD mn) 8,469.450 Jul 2024 monthly Jul 2004 - Jul 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,042.7 Jun 2024 monthly Jan 1964 - Jun 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -76.4 Jun 2024 monthly Jan 2001 - Jun 2024
Aluminum: Exports (USD th) 4,900.259 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,123.9 Jun 2024 monthly Jan 2000 - Jun 2024
Total Imports Growth (%) -9.9 Jun 2024 monthly Jan 2001 - Jun 2024
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 27.285 May 2024 monthly Jan 1970 - May 2024
Total Imports from USA (USD mn) 4.123 May 2024 monthly Jan 1967 - May 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 9.221 May 2024 monthly Mar 1989 - May 2024
Exports: FOB: Prawn (PAB th) 7,973.978 Jun 2024 monthly Jan 2000 - Jun 2024
Exports: FOB: Banana (PAB th) 11,437.554 Jun 2024 monthly Jan 2000 - Jun 2024
Exports: FOB: Seafood Products (PAB th) 10,878.062 Jun 2024 monthly Jan 2002 - Jun 2024
Exports: FOB (PAB th) 81,166.739 Jun 2024 monthly Jan 2000 - Jun 2024
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 103.2 Mar 2024 quarterly Mar 2013 - Mar 2024
Current Account Balance (USD mn) 71.6 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance: % of GDP (%) 0.3 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Direct Investment (USD mn) 878.4 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment: % of GDP (%) 4.0 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Portfolio Investment (USD mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 14.2 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2024 quarterly Mar 2013 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
External Debt (USD mn) 43,391.0 Jul 2024 monthly Jul 2004 - Jul 2024
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -73,805.352 Mar 2024 quarterly Mar 2002 - Mar 2024
BoP: Net Errors and Omissions (PAB mn) -2,322.920 Mar 2024 quarterly Mar 2013 - Mar 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 71.622 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods: Debit (PAB mn) -6,195.266 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods (PAB mn) -2,549.871 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services: Credit (PAB mn) 5,021.013 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods: Credit (PAB mn) 3,645.395 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services: Debit (PAB mn) -1,293.249 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services (PAB mn) 3,727.764 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income (PAB mn) -1,125.248 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income: Credit (PAB mn) 1,134.740 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account (PAB mn) 2.292 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income: Debit (PAB mn) -2,259.988 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Financing: Reserve Assets (PAB mn) -1,187.874 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account: Credit (PAB mn) 2.292 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Direct Investment (PAB mn) 775.197 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Financial Account (FA) (PAB mn) 3,088.771 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,997.466 Mar 2024 quarterly Mar 2013 - Mar 2024
International Investment Position (IIP) (USD mn) -73,805.352 Mar 2024 quarterly Mar 2015 - Mar 2024
IIP: Assets (USD mn) 103,815.505 Mar 2024 quarterly Mar 2015 - Mar 2024
IIP: Liabilities (USD mn) 177,620.857 Mar 2024 quarterly Mar 2015 - Mar 2024
Foreign Direct Investment (FDI) (PAB mn) 878.406 Mar 2024 quarterly Mar 2013 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Jun 2024 monthly Dec 2008 - Jun 2024
Household Debt: % of GDP (%) 38.1 Mar 2024 quarterly Dec 2007 - Mar 2024
Non-Performing Loans (USD mn) 1,535.410 Jun 2024 monthly Dec 2008 - Jun 2024
Money Supply M1 (USD mn) 8,884.760 Jun 2024 monthly Dec 2002 - Jun 2024
Money Supply M2 (USD mn) 40,975.270 Jun 2024 monthly Dec 2002 - Jun 2024
M2 Growth (%) 8.0 Jun 2024 monthly Dec 2003 - Jun 2024
Foreign Exchange Reserves (USD mn) 4,502.2 Jul 2024 monthly Oct 1969 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 8.733 Mar 2024 quarterly Dec 2007 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 4.3 Jun 2024 monthly Jan 2000 - Jun 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 106,031.455 Jun 2024 monthly Dec 1998 - Jun 2024
Total Deposits Growth (%) 5.1 Jun 2024 monthly Dec 1999 - Jun 2024
Domestic Credit (USD mn) 62,885.2 Jun 2024 monthly Dec 2001 - Jun 2024
Domestic Credit Growth (%) 5.5 Jun 2024 monthly Dec 2002 - Jun 2024
Household Debt (USD mn) 32,364.8 Jun 2024 monthly Oct 2005 - Jun 2024
Total Loans (USD mn) 93,979.426 Jun 2024 monthly Dec 1998 - Jun 2024
Total Loans Growth (%) 7.26 Jun 2024 monthly Dec 1999 - Jun 2024
Private Debt: % of Nominal GDP (%) 69.04 Mar 2024 quarterly Dec 2007 - Mar 2024
Money Supply: M3 (PAB mn) 40,975.270 Jun 2024 monthly Dec 2002 - Jun 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,938.074 Jun 2024 monthly Dec 2002 - Jun 2024

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