Food expenditure per person per year in Panama

Panama: Food expenditure per person per year was 1,535 in 2023. ▲ Rising

Latest (2023)
1,535
Change on year
up 9.2%
World rank
60th
of 104 countries
All-time high
1,535
in 2023
All-time low
1,037
in 2020
Years of data
7
2017–2023

Food expenditure per person per year in Panama, 2017–2023

05001.0k1.5k2017202020232017: 1.4k2018: 1.4k2019: 1.2k2020: 1.0k2021: 1.2k2022: 1.4k2023: 1.5k

Source: Our World in Data.

Analysis

Panama recorded 1,535 for food expenditure per person per year 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 countries on this measure, in the middle of the range.

Food expenditure per person per year in Panama, year by year

Annual values for Food expenditure per person per year in Panama, 2017 to 2023.
Year Value Change
2017 1,378 —
2018 1,406 +2.0%
2019 1,231 -12.4%
2020 1,037 -15.7%
2021 1,245 +20.0%
2022 1,406 +13.0%
2023 1,535 +9.2%

Panama compared with similar countries

  • Panama's 1,535 is below the median for high income countries, which is 2,790, 55% of the median. (47 countries reporting)
  • Panama's 1,535 is above the median for Latin America & Caribbean, which is 1,387, 1.1× the median. (17 countries reporting)

Averages by decade

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

Countries ranked near Panama

  1. 57 Lebanon 1,761 compare
  2. 58 Russia 1,718 compare
  3. 59 Azerbaijan 1,622 compare
  4. 61 Oman 1,519 compare
  5. 62 Bahrain 1,405 compare
  6. 63 Peru 1,387 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 per year in Panama?
Food expenditure per person per year in Panama was 1,535 in 2023, according to Our World in Data.
What is the highest food expenditure per person per year recorded in Panama?
The highest recorded value was 1,535 in 2023.
What is the lowest food expenditure per person per year recorded in Panama?
The lowest recorded value was 1,037 in 2020.
How does Panama rank for food expenditure per person per year?
Panama ranks 60th out of 104 countries with data for 2023.
Is food expenditure per person per year 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 Our World in Data, published as part of Food expenditure per person per year. Statizoid updates them automatically from the source API.

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Food expenditure per person per year in Panama. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/food-expenditure-per-person-per-year/panama/

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About this data

Indicator
Food expenditure per person per year
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
104 places, 727 data points, 2017–2023
Last refreshed