Panama - General government final consumption expenditure
General government final consumption expenditure (current US$)
The latest value for General government final consumption expenditure (current US$) in Panama was $9,114,312,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $9,114,312,000 in 2020 and $56,085,100 in 1960.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $56,085,100 |
| 1961 | $59,553,000 |
| 1962 | $66,847,700 |
| 1963 | $80,241,100 |
| 1964 | $78,088,600 |
| 1965 | $86,579,100 |
| 1966 | $103,679,700 |
| 1967 | $122,693,600 |
| 1968 | $131,184,100 |
| 1969 | $141,348,800 |
| 1970 | $179,137,500 |
| 1971 | $211,953,800 |
| 1972 | $266,412,600 |
| 1973 | $294,171,200 |
| 1974 | $352,041,000 |
| 1975 | $415,556,600 |
| 1976 | $454,136,400 |
| 1977 | $484,718,000 |
| 1978 | $567,993,900 |
| 1979 | $667,148,800 |
| 1980 | $774,654,800 |
| 1981 | $848,470,000 |
| 1982 | $1,053,050,000 |
| 1983 | $1,054,205,000 |
| 1984 | $1,166,718,000 |
| 1985 | $1,220,780,000 |
| 1986 | $1,331,099,000 |
| 1987 | $1,434,602,000 |
| 1988 | $1,177,577,000 |
| 1989 | $1,090,131,000 |
| 1990 | $1,111,617,000 |
| 1991 | $1,184,392,000 |
| 1992 | $1,219,741,000 |
| 1993 | $1,268,720,000 |
| 1994 | $1,322,435,000 |
| 1995 | $1,379,385,000 |
| 1996 | $1,411,013,000 |
| 1997 | $1,415,503,000 |
| 1998 | $1,557,076,000 |
| 1999 | $1,675,522,000 |
| 2000 | $1,720,991,000 |
| 2001 | $1,848,081,000 |
| 2002 | $2,042,533,000 |
| 2003 | $2,028,724,000 |
| 2004 | $2,166,479,000 |
| 2005 | $2,283,353,000 |
| 2006 | $2,375,976,000 |
| 2007 | $2,654,800,000 |
| 2008 | $3,037,000,000 |
| 2009 | $3,240,100,000 |
| 2010 | $3,713,200,000 |
| 2011 | $4,115,200,000 |
| 2012 | $4,388,900,000 |
| 2013 | $4,885,000,000 |
| 2014 | $5,012,800,000 |
| 2015 | $5,563,600,000 |
| 2016 | $6,353,300,000 |
| 2017 | $7,103,294,000 |
| 2018 | $7,495,983,000 |
| 2019 | $7,975,099,000 |
| 2020 | $9,114,312,000 |
General government final consumption expenditure (current LCU)
The value for General government final consumption expenditure (current LCU) in Panama was 9,114,312,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 9,114,312,000 in 2020 and a minimum value of 56,085,100 in 1960.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 56,085,100 |
| 1961 | 59,553,000 |
| 1962 | 66,847,700 |
| 1963 | 80,241,100 |
| 1964 | 78,088,600 |
| 1965 | 86,579,100 |
| 1966 | 103,679,700 |
| 1967 | 122,693,600 |
| 1968 | 131,184,100 |
| 1969 | 141,348,800 |
| 1970 | 179,137,500 |
| 1971 | 211,953,800 |
| 1972 | 266,412,600 |
| 1973 | 294,171,200 |
| 1974 | 352,041,000 |
| 1975 | 415,556,600 |
| 1976 | 454,136,400 |
| 1977 | 484,718,000 |
| 1978 | 567,993,900 |
| 1979 | 667,148,800 |
| 1980 | 774,654,800 |
| 1981 | 848,470,000 |
| 1982 | 1,053,050,000 |
| 1983 | 1,054,205,000 |
| 1984 | 1,166,718,000 |
| 1985 | 1,220,780,000 |
| 1986 | 1,331,099,000 |
| 1987 | 1,434,602,000 |
| 1988 | 1,177,577,000 |
| 1989 | 1,090,131,000 |
| 1990 | 1,111,617,000 |
| 1991 | 1,184,392,000 |
| 1992 | 1,219,741,000 |
| 1993 | 1,268,720,000 |
| 1994 | 1,322,435,000 |
| 1995 | 1,379,385,000 |
| 1996 | 1,411,013,000 |
| 1997 | 1,415,503,000 |
| 1998 | 1,557,076,000 |
| 1999 | 1,675,522,000 |
| 2000 | 1,720,991,000 |
| 2001 | 1,848,081,000 |
| 2002 | 2,042,533,000 |
| 2003 | 2,028,724,000 |
| 2004 | 2,166,479,000 |
| 2005 | 2,283,353,000 |
| 2006 | 2,375,976,000 |
| 2007 | 2,654,800,000 |
| 2008 | 3,037,000,000 |
| 2009 | 3,240,100,000 |
| 2010 | 3,713,200,000 |
| 2011 | 4,115,200,000 |
| 2012 | 4,388,900,000 |
| 2013 | 4,885,000,000 |
| 2014 | 5,012,800,000 |
| 2015 | 5,563,600,000 |
| 2016 | 6,353,300,000 |
| 2017 | 7,103,294,000 |
| 2018 | 7,495,983,000 |
| 2019 | 7,975,099,000 |
| 2020 | 9,114,312,000 |
General government final consumption expenditure (constant 2010 US$)
The latest value for General government final consumption expenditure (constant 2010 US$) in Panama was 7,328,877,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 7,328,877,000 in 2019 and 561,777,000 in 1960.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 561,777,000 |
| 1961 | 596,513,700 |
| 1962 | 681,558,800 |
| 1963 | 731,867,300 |
| 1964 | 764,208,300 |
| 1965 | 802,538,600 |
| 1966 | 892,375,000 |
| 1967 | 985,804,900 |
| 1968 | 1,062,465,000 |
| 1969 | 1,051,685,000 |
| 1970 | 1,226,567,000 |
| 1971 | 1,394,082,000 |
| 1972 | 1,626,026,000 |
| 1973 | 1,657,435,000 |
| 1974 | 1,708,978,000 |
| 1975 | 1,886,963,000 |
| 1976 | 1,940,923,000 |
| 1977 | 2,016,627,000 |
| 1978 | 2,106,022,000 |
| 1979 | 2,167,229,000 |
| 1980 | 2,137,431,000 |
| 1981 | 2,379,731,000 |
| 1982 | 2,720,204,000 |
| 1983 | 2,596,070,000 |
| 1984 | 2,749,149,000 |
| 1985 | 2,852,395,000 |
| 1986 | 3,041,281,000 |
| 1987 | 3,243,596,000 |
| 1988 | 2,642,322,000 |
| 1989 | 2,456,121,000 |
| 1990 | 2,479,396,000 |
| 1991 | 2,694,542,000 |
| 1992 | 2,480,291,000 |
| 1993 | 2,548,625,000 |
| 1994 | 2,537,584,000 |
| 1995 | 2,655,451,000 |
| 1996 | 2,707,763,000 |
| 1997 | 2,690,527,000 |
| 1998 | 2,817,427,000 |
| 1999 | 2,859,439,000 |
| 2000 | 2,910,501,000 |
| 2001 | 3,144,909,000 |
| 2002 | 3,431,241,000 |
| 2003 | 3,445,892,000 |
| 2004 | 3,512,034,000 |
| 2005 | 3,657,678,000 |
| 2006 | 3,755,707,000 |
| 2007 | 3,925,334,000 |
| 2008 | 4,253,874,000 |
| 2009 | 4,326,916,000 |
| 2010 | 4,622,188,000 |
| 2011 | 4,869,850,000 |
| 2012 | 4,905,632,000 |
| 2013 | 5,082,026,000 |
| 2014 | 5,170,593,000 |
| 2015 | 5,563,600,000 |
| 2016 | 6,124,869,000 |
| 2017 | 6,515,362,000 |
| 2018 | 7,013,939,000 |
| 2019 | 7,328,877,000 |
General government final consumption expenditure (annual % growth)
The value for General government final consumption expenditure (annual % growth) in Panama was 4.49 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 16.64 in 1972 and a minimum value of -18.54 in 1988.
Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | 6.18 |
| 1962 | 14.26 |
| 1963 | 7.38 |
| 1964 | 4.42 |
| 1965 | 5.02 |
| 1966 | 11.19 |
| 1967 | 10.47 |
| 1968 | 7.78 |
| 1969 | -1.01 |
| 1970 | 16.63 |
| 1971 | 13.66 |
| 1972 | 16.64 |
| 1973 | 1.93 |
| 1974 | 3.11 |
| 1975 | 10.41 |
| 1976 | 2.86 |
| 1977 | 3.90 |
| 1978 | 4.43 |
| 1979 | 2.91 |
| 1980 | -1.37 |
| 1981 | 11.34 |
| 1982 | 14.31 |
| 1983 | -4.56 |
| 1984 | 5.90 |
| 1985 | 3.76 |
| 1986 | 6.62 |
| 1987 | 6.65 |
| 1988 | -18.54 |
| 1989 | -7.05 |
| 1990 | 0.95 |
| 1991 | 8.68 |
| 1992 | -7.95 |
| 1993 | 2.76 |
| 1994 | -0.43 |
| 1995 | 4.64 |
| 1996 | 1.97 |
| 1997 | -0.64 |
| 1998 | 4.72 |
| 1999 | 1.49 |
| 2000 | 1.79 |
| 2001 | 8.05 |
| 2002 | 9.10 |
| 2003 | 0.43 |
| 2004 | 1.92 |
| 2005 | 4.15 |
| 2006 | 2.68 |
| 2007 | 4.52 |
| 2008 | 8.37 |
| 2009 | 1.72 |
| 2010 | 6.82 |
| 2011 | 5.36 |
| 2012 | 0.73 |
| 2013 | 3.60 |
| 2014 | 1.74 |
| 2015 | 7.60 |
| 2016 | 10.09 |
| 2017 | 6.38 |
| 2018 | 7.65 |
| 2019 | 4.49 |
General government final consumption expenditure (constant LCU)
The value for General government final consumption expenditure (constant LCU) in Panama was 4,956,700,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 4,956,700,000 in 2019 and a minimum value of 379,943,600 in 1960.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 379,943,600 |
| 1961 | 403,436,900 |
| 1962 | 460,955,100 |
| 1963 | 494,979,900 |
| 1964 | 516,853,000 |
| 1965 | 542,776,600 |
| 1966 | 603,535,200 |
| 1967 | 666,724,200 |
| 1968 | 718,571,500 |
| 1969 | 711,280,400 |
| 1970 | 829,557,200 |
| 1971 | 942,851,900 |
| 1972 | 1,099,722,000 |
| 1973 | 1,120,964,000 |
| 1974 | 1,155,824,000 |
| 1975 | 1,276,200,000 |
| 1976 | 1,312,694,000 |
| 1977 | 1,363,894,000 |
| 1978 | 1,424,355,000 |
| 1979 | 1,465,751,000 |
| 1980 | 1,445,597,000 |
| 1981 | 1,609,471,000 |
| 1982 | 1,839,741,000 |
| 1983 | 1,755,786,000 |
| 1984 | 1,859,317,000 |
| 1985 | 1,929,145,000 |
| 1986 | 2,056,893,000 |
| 1987 | 2,193,724,000 |
| 1988 | 1,787,068,000 |
| 1989 | 1,661,135,000 |
| 1990 | 1,676,877,000 |
| 1991 | 1,822,385,000 |
| 1992 | 1,677,482,000 |
| 1993 | 1,723,698,000 |
| 1994 | 1,716,231,000 |
| 1995 | 1,795,947,000 |
| 1996 | 1,831,327,000 |
| 1997 | 1,819,670,000 |
| 1998 | 1,905,495,000 |
| 1999 | 1,933,909,000 |
| 2000 | 1,968,444,000 |
| 2001 | 2,126,980,000 |
| 2002 | 2,320,633,000 |
| 2003 | 2,330,542,000 |
| 2004 | 2,375,276,000 |
| 2005 | 2,473,778,000 |
| 2006 | 2,540,078,000 |
| 2007 | 2,654,800,000 |
| 2008 | 2,877,000,000 |
| 2009 | 2,926,400,000 |
| 2010 | 3,126,100,000 |
| 2011 | 3,293,600,000 |
| 2012 | 3,317,800,000 |
| 2013 | 3,437,100,000 |
| 2014 | 3,497,000,000 |
| 2015 | 3,762,800,000 |
| 2016 | 4,142,400,000 |
| 2017 | 4,406,500,000 |
| 2018 | 4,743,700,000 |
| 2019 | 4,956,700,000 |
General government final consumption expenditure (% of GDP)
General government final consumption expenditure (% of GDP) in Panama was 16.89 as of 2020. Its highest value over the past 60 years was 21.01 in 1987, while its lowest value was 9.94 in 1961.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 10.44 |
| 1961 | 9.94 |
| 1962 | 10.25 |
| 1963 | 11.10 |
| 1964 | 10.06 |
| 1965 | 10.16 |
| 1966 | 11.16 |
| 1967 | 11.86 |
| 1968 | 11.79 |
| 1969 | 11.57 |
| 1970 | 13.26 |
| 1971 | 13.91 |
| 1972 | 15.92 |
| 1973 | 15.37 |
| 1974 | 16.09 |
| 1975 | 17.06 |
| 1976 | 17.55 |
| 1977 | 17.70 |
| 1978 | 17.51 |
| 1979 | 18.01 |
| 1980 | 16.79 |
| 1981 | 16.25 |
| 1982 | 18.25 |
| 1983 | 17.80 |
| 1984 | 18.87 |
| 1985 | 18.66 |
| 1986 | 19.58 |
| 1987 | 21.01 |
| 1988 | 19.95 |
| 1989 | 18.42 |
| 1990 | 17.28 |
| 1991 | 16.74 |
| 1992 | 15.17 |
| 1993 | 14.45 |
| 1994 | 14.12 |
| 1995 | 14.41 |
| 1996 | 14.30 |
| 1997 | 13.26 |
| 1998 | 13.45 |
| 1999 | 13.81 |
| 2000 | 13.99 |
| 2001 | 14.78 |
| 2002 | 15.72 |
| 2003 | 14.81 |
| 2004 | 14.43 |
| 2005 | 13.94 |
| 2006 | 13.10 |
| 2007 | 12.47 |
| 2008 | 12.07 |
| 2009 | 11.95 |
| 2010 | 12.61 |
| 2011 | 11.86 |
| 2012 | 10.86 |
| 2013 | 10.71 |
| 2014 | 10.04 |
| 2015 | 10.29 |
| 2016 | 10.97 |
| 2017 | 11.42 |
| 2018 | 11.54 |
| 2019 | 11.91 |
| 2020 | 16.89 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
