Food expenditure per person in Panama
Panama: Food expenditure per person was 1,535 current US$ in 2023. ▲ Rising
Food expenditure per person in Panama, 2017–2023
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 countries on this measure, in the middle of the range.
Food expenditure per person in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 2017 | 1,378 current US$ | — |
| 2018 | 1,406 current US$ | +2.0% |
| 2019 | 1,231 current US$ | -12.4% |
| 2020 | 1,037 current US$ | -15.7% |
| 2021 | 1,245 current US$ | +20.0% |
| 2022 | 1,406 current US$ | +13.0% |
| 2023 | 1,535 current US$ | +9.2% |
Panama compared with similar countries
- Panama's 1,535 current US$ is below the median for high income countries, which is 2,790 current US$, 55% of the median. (47 countries reporting)
- Panama's 1,535 current US$ is above the median for Latin America & Caribbean, which is 1,387 current US$, 1.1× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,338 current US$ | 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
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
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 countries 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.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.