Panama Public Consumption: % of GDP

Key information about Panama Public Consumption: % of GDP

• Panama Public Consumption accounted for 13.2 % of its Nominal GDP in Dec 2024, compared with a share of 13.0 % in the previous year.
• Panama Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1996 to Dec 2024, with an average number of 12.6 %.
• The data reached an all-time high of 14.8 % in Dec 2002 and a record low of 10.0 % in Dec 2014.

CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The National Institute of Statistics and Census provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on benchmark year 2007. Government Consumption as % of Nominal GDP prior to 2018 is based on previous benchmark year 2007. Prior to 2007, it is based on benchmark year 1996.


Related information about Panama Public Consumption: % of GDP

• In the latest reports, Panama GDP expanded 3.4 % YoY in Jun 2025.
• Panama Nominal GDP reached 20.1 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) fell 0.2 % in Jun 2025.
• Its Gross Savings Rate was measured at 38.0 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 35.7 % in Dec 2024.
• Private Consumption accounted for 50.4 % in Dec 2022.

View Panama's Public Consumption: % of GDP from 1996 to 2024 in the chart:

What was Panama's Public Consumption: % of GDP in 2024?

Panama Public Consumption accounted for 13.2 % of its Nominal GDP in Dec 2024, compared with a share of 13.0 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
13.2 2024	13.0 2023	10.0 2014	14.8 2002	%	yearly	1996 - 2024

Public Consumption: % of GDP by Country Comparison

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