Panama Private Consumption: % of GDP
Key information about Panama Private Consumption: % of GDP
- Panama Private Consumption accounted for 50.5 % of its Nominal GDP in Dec 2021, compared with a ratio of 55.6 % in the previous year.
- Panama Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1996 to Dec 2021, with an average share of 56.7 %.
- The data reached an all-time high of 64.3 % in Dec 2002 and a record low of 49.2 % in Dec 2018.
CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The National Institute of Statistics and Census provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on benchmark year 2007. Private Consumption as % of Nominal GDP prior to 2018 is based on previous benchmark year. Prior to 2007, it is based on previous benchmark year 1996.
Related information about Panama Private Consumption: % of GDP
- In the latest reports, Panama GDP expanded 9.5 % YoY in Sep 2022.
- Its Nominal GDP reached 18.1 USD bn in Sep 2022.
- Its Gross Savings Rate was measured at 35.8 % in Dec 2021.
View Panama's Private Consumption: % of GDP from 1996 to 2021 in the chart:
What was Panama's Private Consumption: % of GDP in 2021?
Panama Private Consumption accounted for 50.5 % of its Nominal GDP in Dec 2021, compared with a ratio of 55.6 % in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
50.5 2021 | 55.6 2020 | 49.2 2018 | 64.3 2002 | % | yearly | 1996 - 2021 |
Private Consumption: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 73.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 41.2 2023 | yearly | 1950 - 2023 |
Argentina (%) | 64.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Armenia (%) | 55.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Australia (%) | 49.8 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
Austria (%) | 51.5 Dec 2023 | quarterly | Mar 1988 - Dec 2023 |
Azerbaijan (%) | 44.0 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
Bahrain (%) | 38.2 2022 | yearly | 1975 - 2022 |
Bangladesh (%) | 68.6 2023 | yearly | 1973 - 2023 |
Belarus (%) | 53.8 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Belgium (%) | 51.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Bolivia (%) | 65.7 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
Bosnia and Herzegovina (%) | 70.0 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Botswana (%) | 48.3 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Brazil (%) | 63.9 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Brunei (%) | 27.6 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
Bulgaria (%) | 62.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 61.6 2022 | yearly | 1993 - 2022 |
Canada (%) | 54.7 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Chile (%) | 65.2 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
China (%) | 38.2 2021 | yearly | 1952 - 2021 |
Colombia (%) | 80.1 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Croatia (%) | 63.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Cyprus (%) | 59.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Czech Republic (%) | 45.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 46.7 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Ecuador (%) | 63.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
Egypt (%) | 89.2 Dec 2023 | quarterly | Sep 2001 - Dec 2023 |
Estonia (%) | 52.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
European Union (%) | 51.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Finland (%) | 52.3 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
France (%) | 53.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Georgia (%) | 76.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 50.1 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ghana (%) | 83.8 2023 | yearly | 2006 - 2023 |
Greece (%) | 70.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Hong Kong SAR, China (%) | 69.5 Dec 2023 | quarterly | Mar 1973 - Dec 2023 |
Hungary (%) | 50.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Iceland (%) | 52.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
India (%) | 63.6 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Indonesia (%) | 55.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Iran (%) | 45.2 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (%) | 32.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Israel (%) | 45.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Italy (%) | 58.6 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Ivory Coast (%) | 68.1 2023 | yearly | 1960 - 2023 |
Japan (%) | 53.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Jordan (%) | 85.5 2022 | yearly | 1962 - 2022 |
Kazakhstan (%) | 46.5 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 75.6 2022 | yearly | 1969 - 2022 |
South Korea (%) | 48.1 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Kosovo (%) | 72.5 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Kuwait (%) | 40.6 2019 | yearly | 1962 - 2019 |
Kyrgyzstan (%) | 84.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
Latvia (%) | 59.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Lebanon (%) | 106.0 2020 | yearly | 1990 - 2020 |
Lithuania (%) | 60.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Luxembourg (%) | 31.2 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Macau SAR, China (%) | 26.7 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
North Macedonia (%) | 67.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 59.1 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Malta (%) | 43.5 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Mauritius (%) | 72.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Mexico (%) | 69.8 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
Moldova (%) | 84.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mongolia (%) | 41.6 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Montenegro (%) | 79.3 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Morocco (%) | 63.0 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Mozambique (%) | 75.2 2022 | yearly | 1969 - 2022 |
Nepal (%) | 88.2 2023 | yearly | 1975 - 2023 |
Netherlands (%) | 42.6 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
New Zealand (%) | 58.9 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
Nigeria (%) | 65.0 2022 | yearly | 1981 - 2022 |
Norway (%) | 37.5 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
Oman (%) | 34.3 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 84.2 2023 | yearly | 1967 - 2023 |
Palestinian Territory (%) | 99.0 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Panama (%) | 50.5 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 68.0 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Peru (%) | 59.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Philippines (%) | 75.6 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Poland (%) | 51.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Portugal (%) | 65.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 63.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Russia (%) | 46.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Saudi Arabia (%) | 39.8 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
Serbia (%) | 66.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (%) | 31.3 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 61.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Slovenia (%) | 55.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
South Africa (%) | 67.1 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Spain (%) | 53.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Sri Lanka (%) | 64.7 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
Sweden (%) | 42.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Switzerland (%) | 51.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Syria (%) | 128.6 2021 | yearly | 1970 - 2021 |
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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) | 402.772 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
Tax Revenue: % of GDP (%) | 9.6 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
National Government Debt (USD mn) | 49,769.7 Mar 2024 | monthly | Jul 2004 - Mar 2024 |
Government Debt: % of GDP (%) | 56.4 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
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) | 402,771.625 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 183,964.393 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
Central Government Revenue: Current Revenue (PAB th) | 493,810.833 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
Public Debt: Domestic (USD mn) | 6,925.984 Mar 2024 | monthly | Jul 2004 - Mar 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -1,031.9 Jan 2024 | monthly | Jan 1964 - Jan 2024 |
Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
Total Exports Growth (%) | -75.7 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
Aluminum: Exports (USD th) | 1,490.770 2022 | yearly | 1995 - 2022 |
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) | 1,094.8 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Total Imports Growth (%) | -4.5 Jan 2024 | monthly | Jan 2001 - Jan 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) | 9.601 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
Total Imports from USA (USD mn) | 163.543 Jan 2024 | monthly | Jan 1967 - Jan 2024 |
Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
Total Imports from China (USD mn) | 131.133 Jan 2024 | monthly | Mar 1989 - Jan 2024 |
Exports: FOB: America: NAFTA: Mexico (PAB th) | 30,335.000 2021 | yearly | 1999 - 2021 |
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) | 6,147.94 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
Exports: FOB: Raw Wood (PAB th) | 7,428.13 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) | 48,718.000 2021 | yearly | 1999 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 150.6 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Current Account Balance (USD mn) | -4,356.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Current Account Balance: % of GDP (%) | -18.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Foreign Direct Investment (USD mn) | 779.1 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Foreign Direct Investment: % of GDP (%) | 3.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Foreign Portfolio Investment (USD mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Foreign Portfolio Investment: % of GDP (%) | 5.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
External Debt (USD mn) | 42,843.7 Mar 2024 | monthly | Jul 2004 - Mar 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) | -72,069.421 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
BoP: Net Errors and Omissions (PAB mn) | 4,238.808 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Balance of Payment (BoP): Current Account (CA) (PAB mn) | -4,356.507 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Goods: Debit (PAB mn) | -10,824.928 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Services (PAB mn) | 3,312.902 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Goods: Credit (PAB mn) | 3,968.015 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Services: Credit (PAB mn) | 4,899.518 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Goods (PAB mn) | -6,856.914 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Services: Debit (PAB mn) | -1,586.616 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: Capital Account (PAB mn) | 2.055 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Income (PAB mn) | -751.392 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Income: Credit (PAB mn) | 1,015.783 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: CA: Income: Debit (PAB mn) | -1,767.175 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: Financing: Reserve Assets (PAB mn) | -2,018.107 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: Capital Account: Credit (PAB mn) | 2.055 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: Financial Account (FA) (PAB mn) | 1,689.751 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: Capital Account: Debit (PAB mn) | 0.000 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: FA: Direct Investment (PAB mn) | 628.537 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: FA: Portfolio Investment: Liabilities (PAB mn) | 1,349.786 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
BoP: FA: Portfolio Investment: Assets (PAB mn) | 772.109 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
International Investment Position (IIP) (USD mn) | -72,069.421 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
IIP: Assets (USD mn) | 102,675.995 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
IIP: Liabilities (USD mn) | 174,745.416 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
Foreign Direct Investment (FDI) (PAB mn) | 779.107 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.9 Feb 2024 | monthly | Dec 2008 - Feb 2024 |
Household Debt: % of GDP (%) | 38.0 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
Non-Performing Loans (USD mn) | 1,686.854 Feb 2024 | monthly | Dec 2008 - Feb 2024 |
Money Supply M1 (USD mn) | 9,318.060 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
Money Supply M2 (USD mn) | 39,528.840 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
M2 Growth (%) | 3.9 Dec 2023 | monthly | Dec 2003 - Dec 2023 |
Foreign Exchange Reserves (USD mn) | 7,338.0 Mar 2024 | monthly | Oct 1969 - Mar 2024 |
Foreign Exchange Reserves: % of GDP (%) | 7.368 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 5.0 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
Total Deposits (USD mn) | 104,069.234 Jan 2024 | monthly | Dec 1998 - Jan 2024 |
Total Deposits Growth (%) | 9.0 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
Domestic Credit (USD mn) | 61,225.8 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
Domestic Credit Growth (%) | 4.7 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Household Debt (USD mn) | 32,052.6 Feb 2024 | monthly | Oct 2005 - Feb 2024 |
Total Loans (USD mn) | 90,529.510 Jan 2024 | monthly | Dec 1998 - Jan 2024 |
Total Loans Growth (%) | 5.98 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
Private Debt: % of Nominal GDP (%) | 68.65 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
Money Supply: M3 (PAB mn) | 39,528.840 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
LC: National Banking System: Private Sector: Mortgage (PAB mn) | 20,690.512 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
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