Panama - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Panama was 51,203,380,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 68,703,490,000 in 2019 and a minimum value of 544,428,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 544,428,000
1961 606,302,600
1962 651,470,900
1963 736,960,500
1964 769,469,700
1965 843,474,100
1966 939,309,100
1967 1,027,049,000
1968 1,093,123,000
1969 1,227,701,000
1970 1,400,547,000
1971 1,598,015,000
1972 1,780,398,000
1973 2,029,228,000
1974 2,430,206,000
1975 2,635,619,000
1976 2,801,603,000
1977 2,810,411,000
1978 3,388,790,000
1979 4,028,238,000
1980 4,836,565,000
1981 5,642,940,000
1982 5,852,554,000
1983 5,766,258,000
1984 6,380,791,000
1985 6,762,486,000
1986 7,005,048,000
1987 7,111,681,000
1988 5,542,588,000
1989 6,067,103,000
1990 6,738,566,000
1991 7,736,150,000
1992 8,863,387,000
1993 9,684,024,000
1994 10,290,910,000
1995 10,763,270,000
1996 11,279,430,000
1997 11,801,890,000
1998 13,632,520,000
1999 14,111,310,000
2000 13,715,600,000
2001 13,022,990,000
2002 13,632,970,000
2003 14,599,710,000
2004 16,193,530,000
2005 17,175,450,000
2006 18,857,840,000
2007 22,712,900,000
2008 27,802,300,000
2009 26,941,100,000
2010 31,851,400,000
2011 36,776,700,000
2012 43,533,200,000
2013 48,933,600,000
2014 54,102,700,000
2015 56,561,800,000
2016 59,912,800,000
2017 64,579,190,000
2018 67,791,870,000
2019 68,703,490,000
2020 51,203,380,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts