GDP deflator (base year varies by country) (UNESCO Institute) in Panama

Panama: GDP deflator (base year varies by country) (UNESCO Institute) was 106.12 base year varies by country in 2024. ▲ Rising

Latest (2024)
106.12 base year varies by country
Change on year
up 0.7%
World rank
201st
of 211 countries
All-time high
106.12 base year varies by country
in 2024
All-time low
18.89 base year varies by country
in 1970
Years of data
55
1970–2024

GDP deflator in Panama, 1970–2024

20406080100197019972024

Source: UNESCO Institute for Statistics. Measured in base year varies by country.

Analysis

Panama recorded 106.12 base year varies by country for gdp deflator in 2024. That is the highest value across all 55 years on record.

The figure is up 0.7% on the previous year and up 14.8% over ten years.

Over the whole period, gdp deflator in Panama peaked at 106.12 base year varies by country in 2024 and was at its lowest, 18.89 base year varies by country, in 1970.

That places Panama 201st out of 211 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 55 years of available data.

GDP deflator (base year varies by country) (UNESCO Institute) in Panama, year by year

Annual values for GDP deflator (base year varies by country) in Panama, 1970 to 2024.
Year base year varies by country Change
1970 18.89 base year varies by country —
1971 19.44 base year varies by country +2.9%
1972 20.41 base year varies by country +5.0%
1973 22.15 base year varies by country +8.5%
1974 24.72 base year varies by country +11.6%
1975 27.04 base year varies by country +9.4%
1976 28.27 base year varies by country +4.5%
1977 29.58 base year varies by country +4.7%
1978 31.93 base year varies by country +7.9%
1979 34.88 base year varies by country +9.2%
1980 38.42 base year varies by country +10.1%
1981 39.82 base year varies by country +3.6%
1982 41.76 base year varies by country +4.9%
1983 44.89 base year varies by country +7.5%
1984 45.62 base year varies by country +1.6%
1985 45.99 base year varies by country +0.8%
1986 46.14 base year varies by country +0.3%
1987 47.2 base year varies by country +2.3%
1988 47.11 base year varies by country -0.2%
1989 46.51 base year varies by country -1.3%
1990 46.77 base year varies by country +0.6%
1991 47 base year varies by country +0.5%
1992 49.38 base year varies by country +5.1%
1993 51.13 base year varies by country +3.6%
1994 53.02 base year varies by country +3.7%
1995 53.26 base year varies by country +0.5%
1996 54.3 base year varies by country +1.9%
1997 55.13 base year varies by country +1.5%
1998 55.73 base year varies by country +1.1%
1999 56.05 base year varies by country +0.6%
2000 55.19 base year varies by country -1.5%
2001 55.98 base year varies by country +1.4%
2002 57.06 base year varies by country +1.9%
2003 57.69 base year varies by country +1.1%
2004 59.2 base year varies by country +2.6%
2005 60.19 base year varies by country +1.7%
2006 61.5 base year varies by country +2.2%
2007 63.26 base year varies by country +2.9%
2008 67.99 base year varies by country +7.5%
2009 72.29 base year varies by country +6.3%
2010 74.14 base year varies by country +2.6%
2011 78.21 base year varies by country +5.5%
2012 83.15 base year varies by country +6.3%
2013 88.27 base year varies by country +6.2%
2014 92.41 base year varies by country +4.7%
2015 95.2 base year varies by country +3.0%
2016 97.55 base year varies by country +2.5%
2017 99.3 base year varies by country +1.8%
2018 100 base year varies by country +0.7%
2019 100.54 base year varies by country +0.5%
2020 100.04 base year varies by country -0.5%
2021 101.46 base year varies by country +1.4%
2022 103.66 base year varies by country +2.2%
2023 105.43 base year varies by country +1.7%
2024 106.12 base year varies by country +0.7%

Panama compared with similar countries

  • Panama's 106.12 base year varies by country is below the median for high income countries, which is 120.08 base year varies by country, 88% of the median. (82 countries reporting)
  • Panama's 106.12 base year varies by country is below the median for Latin America & Caribbean, which is 127.51 base year varies by country, 83% of the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 25.73 base year varies by country 18.89 base year varies by country 34.88 base year varies by country 10
1980s 44.34 base year varies by country 38.42 base year varies by country 47.2 base year varies by country 10
1990s 52.18 base year varies by country 46.77 base year varies by country 56.05 base year varies by country 10
2000s 61.04 base year varies by country 55.19 base year varies by country 72.29 base year varies by country 10
2010s 90.88 base year varies by country 74.14 base year varies by country 100.54 base year varies by country 10
2020s 103.34 base year varies by country 100.04 base year varies by country 106.12 base year varies by country 5

Countries ranked near Panama

  1. 198 Japan 107.27 base year varies by country compare
  2. 199 Hong Kong 106.86 base year varies by country compare
  3. 200 Switzerland 106.69 base year varies by country compare
  4. 202 Maldives 105.41 base year varies by country compare
  5. 203 China 105.21 base year varies by country compare
  6. 204 Brunei 104.85 base year varies by country compare

See the full ranking of 211 places →

More population data for Panama

All data for Panama →

Frequently asked questions

What is gdp deflator in Panama?
Gdp deflator in Panama was 106.12 base year varies by country in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp deflator recorded in Panama?
The highest recorded value was 106.12 base year varies by country in 2024.
What is the lowest gdp deflator recorded in Panama?
The lowest recorded value was 18.89 base year varies by country in 1970.
How does Panama rank for gdp deflator?
Panama ranks 201st out of 211 countries with data for 2024.
Is gdp deflator rising or falling in Panama?
Over the last ten years it is up 14.8%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.

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GDP deflator in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-2/panama/

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About this data

Indicator
GDP deflator (base year varies by country)
Unit
base year varies by country
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,200 data points, 1970–2024
Last refreshed

February 2026 Data Release