Food expenditure per person in Panama

Panama: Food expenditure per person was 1,535 current US$ in 2023. ▲ Rising

Latest (2023)
1,535 current US$
Change on year
up 9.2%
Rank
60th
of 104 regions
All-time high
1,535 current US$
in 2023
All-time low
1,037 current US$
in 2020
Years of data
7
2017–2023

Food expenditure per person in Panama, 2017–2023

05001.0k1.5k2017202020232017: 1.4k current US$2018: 1.4k current US$2019: 1.2k current US$2020: 1.0k current US$2021: 1.2k current US$2022: 1.4k current US$2023: 1.5k current US$

Source: USDA Economic Research Service (2022); USDA Economic Research Service (ERS) (2023); USDA Economic Research Service (ERS) (2025) – processed by Our World in Data. Measured in current US$.

Analysis

Panama recorded 1,535 current US$ for food expenditure per person in 2023. That is the highest value across all 7 years on record.

The figure is up 9.2% on the previous year and up 11.4% over ten years.

Panama ranks 60th of 104 regions on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 1,338 current US$ 1,231 current US$ 1,406 current US$ 3
2020s 1,306 current US$ 1,037 current US$ 1,535 current US$ 4

Countries ranked near Panama

  1. 57 Lebanon 1,761 current US$ compare
  2. 58 Russia 1,718 current US$ compare
  3. 59 Azerbaijan 1,622 current US$ compare
  4. 61 Oman 1,519 current US$ compare
  5. 62 Bahrain 1,405 current US$ compare
  6. 63 Peru 1,387 current US$ compare

See the full ranking of 104 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is food expenditure per person in Panama?
Food expenditure per person in Panama was 1,535 current US$ in 2023, according to USDA Economic Research Service (2022); USDA Economic Research Service (ERS) (2023); USDA Economic Research Service (ERS) (2025) – processed by Our World in Data.
What is the highest food expenditure per person recorded in Panama?
The highest recorded value was 1,535 current US$ in 2023.
What is the lowest food expenditure per person recorded in Panama?
The lowest recorded value was 1,037 current US$ in 2020.
How does Panama rank for food expenditure per person?
Panama ranks 60th out of 104 regions with data for 2023.
Is food expenditure per person rising or falling in Panama?
Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from USDA Economic Research Service (2022); USDA Economic Research Service (ERS) (2023); USDA Economic Research Service (ERS) (2025) – processed by Our World in Data, published as part of Food expenditure per person. Statizoid updates them automatically from the source API.

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About this data

Indicator
Food expenditure per person
Unit
current US$
Source
USDA Economic Research Service (2022); USDA Economic Research Service (ERS) (2023); USDA Economic Research Service (ERS) (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
104 places, 727 data points, 2017–2023
Last refreshed

Amount of money spend on food in a given year. This only includes food eaten at home, and does not include alcoholic beverages and tobacco.