Panama Consumer Spending 1960-2025

Panama consumer spending for 2022 was 35.26 billion US dollars, a 3.56% increase from 2021.
  • Panama consumer spending for 2021 was 34.05 billion US dollars, a 7.32% increase from 2020.
  • Panama consumer spending for 2020 was 31.73 billion US dollars, a 10.12% decline from 2019.
  • Panama consumer spending for 2019 was 35.30 billion US dollars, a 6.62% increase from 2018.
Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
Country Rankings
Country Name Billions of US $
United States $17.512T
Euro Area $7.444T
China $6.686T
Japan $2.366T
Germany $2.084T
India $2.044T
United Kingdom $1.911T
France $1.484T
Brazil $1.231T
Italy $1.228T
Canada $1.163T
Russia $1.100T
Mexico $1.034T
Australia $824.30B
Spain $807.28B
South Korea $804.83B
Indonesia $699.72B
Turkey $519.86B
Netherlands $432.88B
Argentina $413.52B
Switzerland $412.39B
Poland $399.06B
Saudi Arabia $397.03B
Egypt $393.42B
Pakistan $322.59B
Bangladesh $317.84B
Philippines $307.01B
Belgium $295.77B
Thailand $270.42B
Sweden $259.24B
Israel $258.34B
South Africa $257.37B
Colombia $255.08B
Austria $241.15B
Hong Kong $237.94B
Malaysia $234.43B
Vietnam $224.80B
Chile $192.43B
Norway $188.90B
Romania $188.74B
Iran $187.19B
Denmark $173.06B
Portugal $163.82B
Peru $157.43B
Greece $148.98B
Finland $146.33B
New Zealand $143.49B
Singapore $140.88B
Czech Republic $135.60B
Ireland $130.72B
Kazakhstan $110.43B
Ukraine $104.57B
Ethiopia $98.13B
Puerto Rico $88.64B
Hungary $88.20B
Kenya $86.63B
Algeria $85.09B
Guatemala $84.04B
Morocco $81.13B
Ecuador $75.03B
Dominican Republic $74.35B
Slovak Republic $71.38B
Ghana $58.38B
Bulgaria $52.49B
Sri Lanka $50.26B
Uzbekistan $49.47B
Angola $48.95B
Qatar $45.96B
Costa Rica $44.91B
Serbia $43.40B
Croatia $42.01B
Tanzania $41.57B
Lithuania $41.43B
Sudan $41.09B
Democratic Republic of Congo $40.73B
Belarus $39.42B
Panama $35.26B
Nepal $35.01B
Tunisia $34.22B
Azerbaijan $34.17B
Slovenia $32.42B
Uganda $32.32B
Cameroon $32.29B
Lebanon $29.47B
Bolivia $29.41B
Paraguay $27.46B
Honduras $27.41B
El Salvador $26.76B
Luxembourg $24.96B
Latvia $24.37B
Zimbabwe $21.26B
Haiti $20.11B
Estonia $19.51B
West Bank and Gaza $19.14B
Georgia $18.27B
Cambodia $18.22B
Senegal $18.18B
Cyprus $17.49B
Bosnia $16.55B
Guinea $15.48B
Iceland $14.43B
Albania $14.33B
Afghanistan $14.16B
Mali $14.04B
Mozambique $13.85B
Somalia $13.34B
Libya $13.31B
Armenia $13.00B
Nicaragua $12.54B
Moldova $12.31B
Macao $12.18B
Burkina Faso $12.04B
Kyrgyz Republic $10.76B
Madagascar $10.72B
Benin $10.64B
Zambia $10.38B
Rwanda $9.78B
North Macedonia $9.53B
Namibia $9.48B
Tajikistan $9.39B
Mauritius $9.07B
Chad $8.93B
Mongolia $8.89B
Bahamas $8.67B
Botswana $8.25B
Kosovo $8.02B
Malta $7.78B
Togo $6.53B
Gabon $6.15B
Equatorial Guinea $6.03B
Republic of Congo $5.97B
Mauritania $5.21B
Montenegro $4.65B
Barbados $4.41B
French Polynesia $4.16B
Guam $4.14B
Sierra Leone $4.13B
Brunei $3.88B
Bermuda $3.69B
Fiji $3.51B
Eswatini $2.96B
Djibouti $2.52B
Burundi $2.47B
Central African Republic $2.32B
Lesotho $2.03B
Aruba $1.91B
Gambia $1.82B
Belize $1.70B
Cabo Verde $1.69B
Bhutan $1.67B
Seychelles $1.53B
Faroe Islands $1.47B
Timor-Leste $1.36B
Comoros $1.24B
Guinea-Bissau $1.16B
Solomon Islands $966.84M
Samoa $691.54M
American Samoa $621.00M
Palau $198.78M
Marshall Islands $185.48M