GDP (constant LCU), per unit of GDP in Panama
Panama: GDP (constant LCU), per unit of GDP was 0.9395 constant LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.9395 constant LCU per US$ of GDP
Change on year
down 0.4%
World rank
155th
of 211 countries
All-time high
5.29 constant LCU per US$ of GDP
in 1970
All-time low
0.9395 constant LCU per US$ of GDP
in 2024
Years of data
55
1970–2024
GDP (constant LCU), per unit of GDP in Panama, 1970–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gdp (constant lcu), per unit of gdp in Panama stood at 0.9395 constant LCU per US$ of GDP. That is the lowest value across all 55 years on record.
Compared with earlier readings it is down 0.4% on the previous year and down 13.2% over ten years.
Over the whole period, gdp (constant lcu), per unit of gdp in Panama peaked at 5.29 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.9395 constant LCU per US$ of GDP, in 2024.
That places Panama 155th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 5.29 constant LCU per US$ of GDP | — |
| 1971 | 5.15 constant LCU per US$ of GDP | -2.8% |
| 1972 | 4.9 constant LCU per US$ of GDP | -4.8% |
| 1973 | 4.51 constant LCU per US$ of GDP | -7.9% |
| 1974 | 4.04 constant LCU per US$ of GDP | -10.4% |
| 1975 | 3.7 constant LCU per US$ of GDP | -8.6% |
| 1976 | 3.54 constant LCU per US$ of GDP | -4.3% |
| 1977 | 3.38 constant LCU per US$ of GDP | -4.4% |
| 1978 | 3.13 constant LCU per US$ of GDP | -7.3% |
| 1979 | 2.87 constant LCU per US$ of GDP | -8.5% |
| 1980 | 2.6 constant LCU per US$ of GDP | -9.2% |
| 1981 | 2.51 constant LCU per US$ of GDP | -3.5% |
| 1982 | 2.39 constant LCU per US$ of GDP | -4.6% |
| 1983 | 2.23 constant LCU per US$ of GDP | -7.0% |
| 1984 | 2.19 constant LCU per US$ of GDP | -1.6% |
| 1985 | 2.17 constant LCU per US$ of GDP | -0.8% |
| 1986 | 2.17 constant LCU per US$ of GDP | -0.3% |
| 1987 | 2.12 constant LCU per US$ of GDP | -2.2% |
| 1988 | 2.12 constant LCU per US$ of GDP | +0.2% |
| 1989 | 2.15 constant LCU per US$ of GDP | +1.3% |
| 1990 | 2.14 constant LCU per US$ of GDP | -0.6% |
| 1991 | 2.13 constant LCU per US$ of GDP | -0.5% |
| 1992 | 2.03 constant LCU per US$ of GDP | -4.8% |
| 1993 | 1.96 constant LCU per US$ of GDP | -3.4% |
| 1994 | 1.89 constant LCU per US$ of GDP | -3.5% |
| 1995 | 1.88 constant LCU per US$ of GDP | -0.5% |
| 1996 | 1.84 constant LCU per US$ of GDP | -1.9% |
| 1997 | 1.81 constant LCU per US$ of GDP | -1.5% |
| 1998 | 1.79 constant LCU per US$ of GDP | -1.1% |
| 1999 | 1.78 constant LCU per US$ of GDP | -0.6% |
| 2000 | 1.81 constant LCU per US$ of GDP | +1.5% |
| 2001 | 1.79 constant LCU per US$ of GDP | -1.4% |
| 2002 | 1.75 constant LCU per US$ of GDP | -1.9% |
| 2003 | 1.73 constant LCU per US$ of GDP | -1.1% |
| 2004 | 1.69 constant LCU per US$ of GDP | -2.5% |
| 2005 | 1.66 constant LCU per US$ of GDP | -1.6% |
| 2006 | 1.63 constant LCU per US$ of GDP | -2.1% |
| 2007 | 1.58 constant LCU per US$ of GDP | -2.8% |
| 2008 | 1.47 constant LCU per US$ of GDP | -7.0% |
| 2009 | 1.38 constant LCU per US$ of GDP | -6.0% |
| 2010 | 1.35 constant LCU per US$ of GDP | -2.5% |
| 2011 | 1.28 constant LCU per US$ of GDP | -5.2% |
| 2012 | 1.2 constant LCU per US$ of GDP | -5.9% |
| 2013 | 1.13 constant LCU per US$ of GDP | -5.8% |
| 2014 | 1.08 constant LCU per US$ of GDP | -4.5% |
| 2015 | 1.05 constant LCU per US$ of GDP | -2.9% |
| 2016 | 1.03 constant LCU per US$ of GDP | -2.4% |
| 2017 | 1.01 constant LCU per US$ of GDP | -1.8% |
| 2018 | 1 constant LCU per US$ of GDP | -0.7% |
| 2019 | 0.9946 constant LCU per US$ of GDP | -0.5% |
| 2020 | 0.9996 constant LCU per US$ of GDP | +0.5% |
| 2021 | 0.9856 constant LCU per US$ of GDP | -1.4% |
| 2022 | 0.9621 constant LCU per US$ of GDP | -2.4% |
| 2023 | 0.9429 constant LCU per US$ of GDP | -2.0% |
| 2024 | 0.9395 constant LCU per US$ of GDP | -0.4% |
Panama compared with similar countries
- Panama's 0.9395 constant LCU per US$ of GDP is above the median for high income countries, which is 0.9346 constant LCU per US$ of GDP, 1.0× the median. (82 countries reporting)
- Panama's 0.9395 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 2.11 constant LCU per US$ of GDP, 45% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.05 constant LCU per US$ of GDP | 2.87 constant LCU per US$ of GDP | 5.29 constant LCU per US$ of GDP | 10 |
| 1980s | 2.27 constant LCU per US$ of GDP | 2.12 constant LCU per US$ of GDP | 2.6 constant LCU per US$ of GDP | 10 |
| 1990s | 1.92 constant LCU per US$ of GDP | 1.78 constant LCU per US$ of GDP | 2.14 constant LCU per US$ of GDP | 10 |
| 2000s | 1.65 constant LCU per US$ of GDP | 1.38 constant LCU per US$ of GDP | 1.81 constant LCU per US$ of GDP | 10 |
| 2010s | 1.11 constant LCU per US$ of GDP | 0.9946 constant LCU per US$ of GDP | 1.35 constant LCU per US$ of GDP | 10 |
| 2020s | 0.966 constant LCU per US$ of GDP | 0.9395 constant LCU per US$ of GDP | 0.9996 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 152 Liechtenstein 1.07 constant LCU per US$ of GDP compare
- 153 Singapore 0.9809 constant LCU per US$ of GDP compare
- 154 Bolivia 0.9411 constant LCU per US$ of GDP compare
- 156 Turks and Caicos Islands 0.9296 constant LCU per US$ of GDP compare
- 157 East Timor 0.9278 constant LCU per US$ of GDP compare
- 158 Ecuador 0.9137 constant LCU per US$ of GDP compare
More population data for Panama
- Population regions with projections, annual growth rate -0.192 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.53 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.192 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.1369 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,736 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.11 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.4333 % change on previous year (2100)
- World population growth -0.2% (2100)
- Population density 79.6 people per km² (2100)
- Number of children under 5, by world region 267,694 people (2100)
Frequently asked questions
- What is gdp (constant lcu), per unit of gdp in Panama?
- Gdp (constant lcu), per unit of gdp in Panama was 0.9395 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 5.29 constant LCU per US$ of GDP in 1970.
- What is the lowest gdp (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.9395 constant LCU per US$ of GDP in 2024.
- How does Panama rank for gdp (constant lcu), per unit of gdp?
- Panama ranks 155th out of 211 countries with data for 2024.
- Is gdp (constant lcu), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ GDP (current US$)
Computed from
- GDP UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.