Gross Fixed Capital Formation Deflator — Value Standard Local in Panama
Panama: Gross Fixed Capital Formation Deflator — Value Standard Local was 119.06 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Panama, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Panama stood at 119.06 SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 18.0% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Panama peaked at 119.06 SLC in 2024 and was at its lowest, 16.78 SLC, in 1972.
Panama ranks 149th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Panama, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 16.82 SLC | — |
| 1971 | 17.11 SLC | +1.8% |
| 1972 | 16.78 SLC | -2.0% |
| 1973 | 19.56 SLC | +16.6% |
| 1974 | 23.38 SLC | +19.5% |
| 1975 | 24.94 SLC | +6.7% |
| 1976 | 27.8 SLC | +11.4% |
| 1977 | 30.66 SLC | +10.3% |
| 1978 | 33.63 SLC | +9.7% |
| 1979 | 37.07 SLC | +10.3% |
| 1980 | 39.88 SLC | +7.6% |
| 1981 | 40.55 SLC | +1.7% |
| 1982 | 43.12 SLC | +6.4% |
| 1983 | 46.44 SLC | +7.7% |
| 1984 | 42.38 SLC | -8.8% |
| 1985 | 47.87 SLC | +13.0% |
| 1986 | 44 SLC | -8.1% |
| 1987 | 45.44 SLC | +3.3% |
| 1988 | 41.69 SLC | -8.3% |
| 1989 | 47.78 SLC | +14.6% |
| 1990 | 47.29 SLC | -1.0% |
| 1991 | 48.04 SLC | +1.6% |
| 1992 | 47.58 SLC | -1.0% |
| 1993 | 46.16 SLC | -3.0% |
| 1994 | 47.53 SLC | +3.0% |
| 1995 | 49.67 SLC | +4.5% |
| 1996 | 51.12 SLC | +2.9% |
| 1997 | 51.24 SLC | +0.2% |
| 1998 | 53.95 SLC | +5.3% |
| 1999 | 50.85 SLC | -5.8% |
| 2000 | 52.84 SLC | +3.9% |
| 2001 | 51.83 SLC | -1.9% |
| 2002 | 50.96 SLC | -1.7% |
| 2003 | 54.8 SLC | +7.5% |
| 2004 | 53.36 SLC | -2.6% |
| 2005 | 55.47 SLC | +4.0% |
| 2006 | 57.33 SLC | +3.3% |
| 2007 | 76.98 SLC | +34.3% |
| 2008 | 84.08 SLC | +9.2% |
| 2009 | 85.74 SLC | +2.0% |
| 2010 | 84.9 SLC | -1.0% |
| 2011 | 88.27 SLC | +4.0% |
| 2012 | 93.55 SLC | +6.0% |
| 2013 | 96.67 SLC | +3.3% |
| 2014 | 100.89 SLC | +4.4% |
| 2015 | 100 SLC | -0.9% |
| 2016 | 102.32 SLC | +2.3% |
| 2017 | 104.7 SLC | +2.3% |
| 2018 | 106.5 SLC | +1.7% |
| 2019 | 106.64 SLC | +0.1% |
| 2020 | 107.15 SLC | +0.5% |
| 2021 | 112.18 SLC | +4.7% |
| 2022 | 113.76 SLC | +1.4% |
| 2023 | 115.51 SLC | +1.5% |
| 2024 | 119.06 SLC | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.77 SLC | 16.78 SLC | 37.07 SLC | 10 |
| 1980s | 43.91 SLC | 39.88 SLC | 47.87 SLC | 10 |
| 1990s | 49.34 SLC | 46.16 SLC | 53.95 SLC | 10 |
| 2000s | 62.34 SLC | 50.96 SLC | 85.74 SLC | 10 |
| 2010s | 98.44 SLC | 84.9 SLC | 106.64 SLC | 10 |
| 2020s | 113.53 SLC | 107.15 SLC | 119.06 SLC | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9754 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 19,303 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8647 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,113 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.9114 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Panama?
- Gross fixed capital formation deflator — value standard local in Panama was 119.06 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Panama?
- The highest recorded value was 119.06 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Panama?
- The lowest recorded value was 16.78 SLC in 1972.
- How does Panama rank for gross fixed capital formation deflator — value standard local?
- Panama ranks 149th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Panama?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).