PPP conversion factor, private consumption (LCU per international $) in Panama
Panama: PPP conversion factor, private consumption (LCU per international $) was 0.5111 LCU per international $ in 2024. ▼ Falling
Latest (2024)
0.5111 LCU per international $
Change on year
down 2.2%
World rank
193rd
of 204 countries
All-time high
0.6194 LCU per international $
in 1990
All-time low
0.4835 LCU per international $
in 2017
Years of data
35
1990–2024
PPP conversion factor, private consumption in Panama, 1990–2024
Source: UNESCO Institute for Statistics. Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, private consumption in Panama is 0.5111 LCU per international $, measured in 2024.
The figure is down 2.2% on the previous year and down 5.0% over ten years.
Over the whole period, ppp conversion factor, private consumption in Panama peaked at 0.6194 LCU per international $ in 1990 and was at its lowest, 0.4835 LCU per international $, in 2017.
That places Panama 193rd out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
PPP conversion factor, private consumption (LCU per international $) in Panama, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.6194 LCU per international $ | — |
| 1991 | 0.6017 LCU per international $ | -2.9% |
| 1992 | 0.5947 LCU per international $ | -1.2% |
| 1993 | 0.5803 LCU per international $ | -2.4% |
| 1994 | 0.5727 LCU per international $ | -1.3% |
| 1995 | 0.5626 LCU per international $ | -1.8% |
| 1996 | 0.5534 LCU per international $ | -1.6% |
| 1997 | 0.548 LCU per international $ | -1.0% |
| 1998 | 0.5426 LCU per international $ | -1.0% |
| 1999 | 0.5376 LCU per international $ | -0.9% |
| 2000 | 0.5278 LCU per international $ | -1.8% |
| 2001 | 0.5149 LCU per international $ | -2.4% |
| 2002 | 0.512 LCU per international $ | -0.6% |
| 2003 | 0.5026 LCU per international $ | -1.8% |
| 2004 | 0.4918 LCU per international $ | -2.1% |
| 2005 | 0.4892 LCU per international $ | -0.5% |
| 2006 | 0.4856 LCU per international $ | -0.7% |
| 2007 | 0.4918 LCU per international $ | +1.3% |
| 2008 | 0.5151 LCU per international $ | +4.7% |
| 2009 | 0.5294 LCU per international $ | +2.8% |
| 2010 | 0.539 LCU per international $ | +1.8% |
| 2011 | 0.5532 LCU per international $ | +2.6% |
| 2012 | 0.5375 LCU per international $ | -2.8% |
| 2013 | 0.5466 LCU per international $ | +1.7% |
| 2014 | 0.538 LCU per international $ | -1.6% |
| 2015 | 0.5155 LCU per international $ | -4.2% |
| 2016 | 0.495 LCU per international $ | -4.0% |
| 2017 | 0.4835 LCU per international $ | -2.3% |
| 2018 | 0.518 LCU per international $ | +7.1% |
| 2019 | 0.5345 LCU per international $ | +3.2% |
| 2020 | 0.5505 LCU per international $ | +3.0% |
| 2021 | 0.5629 LCU per international $ | +2.2% |
| 2022 | 0.5361 LCU per international $ | -4.8% |
| 2023 | 0.5225 LCU per international $ | -2.5% |
| 2024 | 0.5111 LCU per international $ | -2.2% |
Panama compared with similar countries
- Panama's 0.5111 LCU per international $ is below the median for high income countries, which is 1.11 LCU per international $, 46% of the median. (77 countries reporting)
- Panama's 0.5111 LCU per international $ is below the median for Latin America & Caribbean, which is 2.27 LCU per international $, 23% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5713 LCU per international $ | 0.5376 LCU per international $ | 0.6194 LCU per international $ | 10 |
| 2000s | 0.506 LCU per international $ | 0.4856 LCU per international $ | 0.5294 LCU per international $ | 10 |
| 2010s | 0.5261 LCU per international $ | 0.4835 LCU per international $ | 0.5532 LCU per international $ | 10 |
| 2020s | 0.5366 LCU per international $ | 0.5111 LCU per international $ | 0.5629 LCU per international $ | 5 |
Countries ranked near Panama
- 190 Lithuania 0.5436 LCU per international $ compare
- 191 Brunei 0.5429 LCU per international $ compare
- 192 Azerbaijan 0.5279 LCU per international $ compare
- 194 Croatia 0.5081 LCU per international $ compare
- 195 Liberia 0.5058 LCU per international $ compare
- 196 El Salvador 0.4803 LCU per international $ 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)
- Population growth rate -0.197 (2100)
- Population density 79.6 (2100)
- Projected population under age 5 267,694 (2100)
Frequently asked questions
- What is ppp conversion factor, private consumption in Panama?
- Ppp conversion factor, private consumption in Panama was 0.5111 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest ppp conversion factor, private consumption recorded in Panama?
- The highest recorded value was 0.6194 LCU per international $ in 1990.
- What is the lowest ppp conversion factor, private consumption recorded in Panama?
- The lowest recorded value was 0.4835 LCU per international $ in 2017.
- How does Panama rank for ppp conversion factor, private consumption?
- Panama ranks 193rd out of 204 countries with data for 2024.
- Is ppp conversion factor, private consumption rising or falling in Panama?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, private consumption (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release