Panama Public Consumption Expenditure

Key information about Panama Public Consumption Expenditure

• Panama Public Consumption Expenditure was reported at 10.155 USD bn in Dec 2023.
• This records an increase from the previous number of 9.758 USD bn for Dec 2022.
• Panama Public Consumption Expenditure data is updated yearly, averaging 1.195 USD bn from Dec 1950 to 2023, with 74 observations.
• The data reached an all-time high of 10.155 USD bn in 2023 and a record low of 21.100 USD mn in 1950.
• Panama Public Consumption Expenditure data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Government Consumption Expenditure: USD: Annual.

CEIC converts annual Government Consumption Expenditure into USD. The National Institute of Statistics and Census provides Government Consumption Expenditure in local currency based on benchmark year 2018. The International Monetary Fund average market exchange rate is used for currency conversions. Government Consumption Expenditure prior to 2018 is based on previous benchmark year. Prior to 2007, it is based on previous benchmark year 1996. Prior to 1996, it is sourced from the International Monetary Fund.

View Panama's Public Consumption Expenditure from 1950 to 2023 in the chart:

What was Panama's Public Consumption Expenditure in 2023?

Panama Public Consumption Expenditure was reported at 10.155 USD bn in Dec 2023. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
10,154.666 2023	9,757.911 2022	21.100 1950	10,154.666 2023	USD mn	yearly	1950 - 2023

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