Share of consumer expenditure spent on alcohol and tobacco in Panama

Panama: Share of consumer expenditure spent on alcohol and tobacco was 1.6% in 2023. ▼ Falling

Latest (2023)
1.6%
Change on year
down 9.1%
World rank
81st
of 104 countries
All-time high
1.8%
in 2017
All-time low
1.6%
in 2023
Years of data
7
2017–2023

Share of consumer expenditure spent on alcohol and tobacco in Panama, 2017–2023

00.511.522017202020232017: 1.8 %2018: 1.7 %2019: 1.7 %2020: 1.7 %2021: 1.7 %2022: 1.7 %2023: 1.6 %

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 %.

Analysis

The most recent figure for share of consumer expenditure spent on alcohol and tobacco in Panama is 1.6%, measured in 2023. That is the lowest value across all 7 years on record.

The figure is down 9.1% on the previous year and down 9.7% over ten years.

Panama ranks 81st of 104 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.7% 1.7% 1.8% 3
2020s 1.7% 1.6% 1.7% 4

Countries ranked near Panama

  1. 78 Singapore 1.7% compare
  2. 79 Costa Rica 1.7% compare
  3. 80 Brazil 1.7% compare
  4. 82 Malaysia 1.6% compare
  5. 83 South Korea 1.5% compare
  6. 84 Uganda 1.5% compare

See the full ranking of 104 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is share of consumer expenditure spent on alcohol and tobacco in Panama?
Share of consumer expenditure spent on alcohol and tobacco in Panama was 1.6% 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 share of consumer expenditure spent on alcohol and tobacco recorded in Panama?
The highest recorded value was 1.8% in 2017.
What is the lowest share of consumer expenditure spent on alcohol and tobacco recorded in Panama?
The lowest recorded value was 1.6% in 2023.
How does Panama rank for share of consumer expenditure spent on alcohol and tobacco?
Panama ranks 81st out of 104 countries with data for 2023.
Is share of consumer expenditure spent on alcohol and tobacco rising or falling in Panama?
Over the last ten years it is down 9.7%. The long-run trend across the full record is falling.
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 Share of consumer expenditure spent on alcohol and tobacco. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of consumer expenditure spent on alcohol and tobacco
Unit
%
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

Share of consumer expenditures that are spent on alcohol and tobacco.