Panama - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts