Ecuador vs Panama: PPP conversion factor, GDP

Ecuador
0.4252 LCU per international $
in 2025
Panama
0.4508 LCU per international $
in 2025
Ecuador rank
194th
Panama rank
193rd

PPP conversion factor, GDP over time

  • Ecuador
  • Panama
00.20.40.6199020072025

How they compare

Panama currently reports 0.4508 LCU per international $ against 0.4252 LCU per international $ in Ecuador, a difference of 0.0256 LCU per international $.

That makes Panama's figure about 1.1 times Ecuador's.

The two have swapped places 2 times across 36 shared years of data; in 1990 it was Panama ahead.

Ecuador ranks 194th and Panama ranks 193rd of 204 countries.

Across the 4 decades both report, Ecuador averaged higher in 1 and Panama in 3.

Head to head by decade

Decade Ecuador Panama Difference Ahead
1990s 0.3361 LCU per international $ 0.5122 LCU per international $ 0.1761 LCU per international $ Panama
2000s 0.3778 LCU per international $ 0.4888 LCU per international $ 0.1109 LCU per international $ Panama
2010s 0.5297 LCU per international $ 0.5226 LCU per international $ 0.0071 LCU per international $ Ecuador
2020s 0.4383 LCU per international $ 0.4761 LCU per international $ 0.0378 LCU per international $ Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppp conversion factor, gdp, Ecuador or Panama?
Panama, at 0.4508 LCU per international $ against 0.4252 LCU per international $ in Ecuador as of 2025.
What is the difference in ppp conversion factor, gdp between Ecuador and Panama?
0.0256 LCU per international $, with Panama ahead.
How many years of comparable data are there for Ecuador and Panama?
36 years are reported by both, from 1990 to 2025.
How do Ecuador and Panama rank globally for ppp conversion factor, gdp?
Ecuador ranks 194th and Panama ranks 193rd of 204 countries.
Where does this data come from?
International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 7,042 data points, 1990–2025
Last refreshed

The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.