Price level ratio of PPP conversion factor (GDP) to market exchange in Panama

Panama: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.4614 in 2024. ▬ Flat

Latest (2024)
0.4614
Change on year
down 1.7%
World rank
95th
of 202 countries
All-time high
0.5682
in 2012
All-time low
0.4614
in 2024
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Panama, 1990–2024

00.20.40.61990200720241990: 0.511991: 0.4961992: 0.5091993: 0.5151994: 0.5231995: 0.5151996: 0.5151997: 0.5141998: 0.5141999: 0.512000: 0.4912001: 0.4872002: 0.4892003: 0.4852004: 0.4842005: 0.4772006: 0.4732007: 0.4742008: 0.52009: 0.5282010: 0.5352011: 0.5532012: 0.5682013: 0.562014: 0.5422015: 0.5172016: 0.492017: 0.4682018: 0.4982019: 0.4962020: 0.4922021: 0.5012022: 0.4782023: 0.4692024: 0.461

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Panama stood at 0.4614. That is the lowest value across all 35 years on record.

That represents a change of down 1.7% on the previous year and down 14.9% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Panama peaked at 0.5682 in 2012 and was at its lowest, 0.4614, in 2024.

Panama ranks 95th of 202 countries on this measure, in the middle of the range.

Price level ratio of PPP conversion factor (GDP) to market exchange in Panama, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Panama, 1990 to 2024.
Year Value Change
1990 0.5101
1991 0.4958 -2.8%
1992 0.5093 +2.7%
1993 0.5152 +1.2%
1994 0.523 +1.5%
1995 0.5147 -1.6%
1996 0.5152 +0.1%
1997 0.5143 -0.2%
1998 0.5141 -0.1%
1999 0.5098 -0.8%
2000 0.4909 -3.7%
2001 0.487 -0.8%
2002 0.4887 +0.4%
2003 0.4846 -0.8%
2004 0.4842 -0.1%
2005 0.4774 -1.4%
2006 0.4732 -0.9%
2007 0.4738 +0.1%
2008 0.4996 +5.4%
2009 0.528 +5.7%
2010 0.535 +1.3%
2011 0.553 +3.4%
2012 0.5682 +2.8%
2013 0.5598 -1.5%
2014 0.5421 -3.2%
2015 0.5169 -4.6%
2016 0.4899 -5.2%
2017 0.468 -4.5%
2018 0.4975 +6.3%
2019 0.4957 -0.4%
2020 0.4919 -0.8%
2021 0.5014 +1.9%
2022 0.4782 -4.6%
2023 0.4695 -1.8%
2024 0.4614 -1.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5122 0.4958 0.523 10
2000s 0.4888 0.4732 0.528 10
2010s 0.5226 0.468 0.5682 10
2020s 0.4805 0.4614 0.5014 5

Countries ranked near Panama

  1. 92 Peru 0.4748 compare
  2. 93 Cape Verde 0.4682 compare
  3. 94 Sudan 0.465 compare
  4. 96 Brazil 0.4603 compare
  5. 97 Argentina 0.4592 compare
  6. 98 Honduras 0.4577 compare

See the full ranking of 202 places →

More population data for Panama

All data for Panama →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Panama?
Price level ratio of ppp conversion factor (gdp) to market exchange in Panama was 0.4614 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Panama?
The highest recorded value was 0.5682 in 2012.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Panama?
The lowest recorded value was 0.4614 in 2024.
How does Panama rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Panama ranks 95th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Panama?
Over the last ten years it is down 14.9%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 31 August 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/panama/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release