GDP deflator (base year varies by country), annual growth rate in Panama

Panama: GDP deflator (base year varies by country), annual growth rate was 0.6516 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.6516 % change on previous year
Change on year
down 61.8%
World rank
186th
of 211 countries
All-time high
11.61 % change on previous year
in 1974
All-time low
-1.52 % change on previous year
in 2000
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Panama, 1971–2024

0510197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Panama recorded 0.6516 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

That represents a change of down 61.8% on the previous year and down 86.1% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Panama peaked at 11.61 % change on previous year in 1974 and was at its lowest, -1.52 % change on previous year, in 2000.

Panama ranks 186th of 211 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Panama, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Panama, 1971 to 2024.
Year % change on previous year Change
1971 2.9 % change on previous year
1972 5 % change on previous year +72.1%
1973 8.54 % change on previous year +70.9%
1974 11.61 % change on previous year +35.9%
1975 9.38 % change on previous year -19.2%
1976 4.53 % change on previous year -51.7%
1977 4.66 % change on previous year +2.7%
1978 7.92 % change on previous year +70.1%
1979 9.25 % change on previous year +16.7%
1980 10.14 % change on previous year +9.7%
1981 3.64 % change on previous year -64.1%
1982 4.87 % change on previous year +33.8%
1983 7.5 % change on previous year +53.9%
1984 1.63 % change on previous year -78.3%
1985 0.8096 % change on previous year -50.3%
1986 0.3384 % change on previous year -58.2%
1987 2.29 % change on previous year +576.6%
1988 -0.192 % change on previous year -108.4%
1989 -1.28 % change on previous year +565.1%
1990 0.5653 % change on previous year -144.3%
1991 0.4928 % change on previous year -12.8%
1992 5.06 % change on previous year +926.9%
1993 3.55 % change on previous year -29.8%
1994 3.68 % change on previous year +3.5%
1995 0.4667 % change on previous year -87.3%
1996 1.95 % change on previous year +317.1%
1997 1.54 % change on previous year -21.0%
1998 1.07 % change on previous year -30.2%
1999 0.5766 % change on previous year -46.3%
2000 -1.52 % change on previous year -364.1%
2001 1.43 % change on previous year -193.9%
2002 1.92 % change on previous year +33.9%
2003 1.12 % change on previous year -41.7%
2004 2.61 % change on previous year +134.2%
2005 1.68 % change on previous year -35.9%
2006 2.17 % change on previous year +29.8%
2007 2.86 % change on previous year +31.4%
2008 7.48 % change on previous year +161.6%
2009 6.33 % change on previous year -15.3%
2010 2.55 % change on previous year -59.7%
2011 5.49 % change on previous year +115.1%
2012 6.32 % change on previous year +15.1%
2013 6.16 % change on previous year -2.5%
2014 4.69 % change on previous year -23.8%
2015 3.01 % change on previous year -35.8%
2016 2.48 % change on previous year -17.9%
2017 1.79 % change on previous year -27.5%
2018 0.7006 % change on previous year -61.0%
2019 0.538 % change on previous year -23.2%
2020 -0.4943 % change on previous year -191.9%
2021 1.42 % change on previous year -386.3%
2022 2.17 % change on previous year +53.4%
2023 1.71 % change on previous year -21.4%
2024 0.6516 % change on previous year -61.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.09 % change on previous year 2.9 % change on previous year 11.61 % change on previous year 9
1980s 2.97 % change on previous year -1.28 % change on previous year 10.14 % change on previous year 10
1990s 1.9 % change on previous year 0.4667 % change on previous year 5.06 % change on previous year 10
2000s 2.61 % change on previous year -1.52 % change on previous year 7.48 % change on previous year 10
2010s 3.37 % change on previous year 0.538 % change on previous year 6.32 % change on previous year 10
2020s 1.09 % change on previous year -0.4943 % change on previous year 2.17 % change on previous year 5

Countries ranked near Panama

  1. 183 Malaysia 0.7819 % change on previous year compare
  2. 184 Maldives 0.6772 % change on previous year compare
  3. 185 United Arab Emirates 0.6759 % change on previous year compare
  4. 187 Gabon 0.603 % change on previous year compare
  5. 188 Cameroon 0.43 % change on previous year compare
  6. 189 Macao 0.362 % change on previous year compare

See the full ranking of 211 places →

More population data for Panama

All data for Panama →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Panama?
Gdp deflator (base year varies by country), annual growth rate in Panama was 0.6516 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Panama?
The highest recorded value was 11.61 % change on previous year in 1974.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Panama?
The lowest recorded value was -1.52 % change on previous year in 2000.
How does Panama rank for gdp deflator (base year varies by country), annual growth rate?
Panama ranks 186th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Panama?
Over the last ten years it is down 86.1%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

GDP deflator (base year varies by country), annual growth rate in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/panama/">GDP deflator (base year varies by country), annual growth rate in Panama</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.