Panama vs Singapore: DEC alternative conversion factor
DEC alternative conversion factor over time
- Panama
- Singapore
How they compare
Singapore currently reports 1.31 LCU per US$ against 1 LCU per US$ in Panama, a difference of 0.31 LCU per US$.
That makes Singapore's figure about 1.3 times Panama's.
Across all 66 years both countries report, Singapore has been ahead every year.
Panama ranks 159th and Singapore ranks 158th of 214 countries.
Singapore has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Panama | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1 LCU per US$ | 3.06 LCU per US$ | 2.06 LCU per US$ | Singapore |
| 1970s | 1 LCU per US$ | 2.64 LCU per US$ | 1.64 LCU per US$ | Singapore |
| 1980s | 1 LCU per US$ | 2.13 LCU per US$ | 1.13 LCU per US$ | Singapore |
| 1990s | 1 LCU per US$ | 1.61 LCU per US$ | 0.6131 LCU per US$ | Singapore |
| 2000s | 1 LCU per US$ | 1.64 LCU per US$ | 0.6368 LCU per US$ | Singapore |
| 2010s | 1 LCU per US$ | 1.32 LCU per US$ | 0.324 LCU per US$ | Singapore |
| 2020s | 1 LCU per US$ | 1.35 LCU per US$ | 0.3481 LCU per US$ | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Panama or Singapore?
- Singapore, at 1.31 LCU per US$ against 1 LCU per US$ in Panama as of 2025.
- What is the difference in dec alternative conversion factor between Panama and Singapore?
- 0.31 LCU per US$, with Singapore ahead.
- How many years of comparable data are there for Panama and Singapore?
- 66 years are reported by both, from 1960 to 2025.
- How do Panama and Singapore rank globally for dec alternative conversion factor?
- Panama ranks 159th and Singapore ranks 158th of 214 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.