Panama Private Consumption: % of GDP

Key information about Panama Private Consumption: % of GDP

• Panama Private Consumption accounted for 48.7 % of its Nominal GDP in Dec 2022, compared with a ratio of 51.9 % in the previous year.
• Panama Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1996 to Dec 2022, with an average share of 57.4 %.
• The data reached an all-time high of 64.3 % in Dec 2002 and a record low of 48.7 % in Dec 2022.

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 41.1 % in Dec 2023.

View Panama's Private Consumption: % of GDP from 1996 to 2022 in the chart:

What was Panama's Private Consumption: % of GDP in 2022?

Panama Private Consumption accounted for 48.7 % of its Nominal GDP in Dec 2022, compared with a ratio of 51.9 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
48.7 2022	51.9 2021	48.7 2022	64.3 2002	%	yearly	1996 - 2022

Private Consumption: % of GDP by Country Comparison

Load more

Panama Key Series

Load more

More Indicators for Panama