Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Panama
Panama: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 119.06 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Panama, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Panama recorded 119.06 USD for gross fixed capital formation deflator — value us$, 2015 prices in 2024. 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 us$, 2015 prices in Panama peaked at 119.06 USD in 2024 and was at its lowest, 16.78 USD, in 1972.
Panama ranks 97th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Panama, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 16.82 USD | — |
| 1971 | 17.11 USD | +1.8% |
| 1972 | 16.78 USD | -2.0% |
| 1973 | 19.56 USD | +16.6% |
| 1974 | 23.38 USD | +19.5% |
| 1975 | 24.94 USD | +6.7% |
| 1976 | 27.8 USD | +11.4% |
| 1977 | 30.66 USD | +10.3% |
| 1978 | 33.63 USD | +9.7% |
| 1979 | 37.07 USD | +10.3% |
| 1980 | 39.88 USD | +7.6% |
| 1981 | 40.55 USD | +1.7% |
| 1982 | 43.12 USD | +6.4% |
| 1983 | 46.44 USD | +7.7% |
| 1984 | 42.38 USD | -8.8% |
| 1985 | 47.87 USD | +13.0% |
| 1986 | 44 USD | -8.1% |
| 1987 | 45.44 USD | +3.3% |
| 1988 | 41.69 USD | -8.3% |
| 1989 | 47.78 USD | +14.6% |
| 1990 | 47.29 USD | -1.0% |
| 1991 | 48.04 USD | +1.6% |
| 1992 | 47.58 USD | -1.0% |
| 1993 | 46.16 USD | -3.0% |
| 1994 | 47.53 USD | +3.0% |
| 1995 | 49.67 USD | +4.5% |
| 1996 | 51.12 USD | +2.9% |
| 1997 | 51.24 USD | +0.2% |
| 1998 | 53.95 USD | +5.3% |
| 1999 | 50.85 USD | -5.8% |
| 2000 | 52.84 USD | +3.9% |
| 2001 | 51.83 USD | -1.9% |
| 2002 | 50.96 USD | -1.7% |
| 2003 | 54.8 USD | +7.5% |
| 2004 | 53.36 USD | -2.6% |
| 2005 | 55.47 USD | +4.0% |
| 2006 | 57.33 USD | +3.3% |
| 2007 | 76.98 USD | +34.3% |
| 2008 | 84.08 USD | +9.2% |
| 2009 | 85.74 USD | +2.0% |
| 2010 | 84.9 USD | -1.0% |
| 2011 | 88.27 USD | +4.0% |
| 2012 | 93.55 USD | +6.0% |
| 2013 | 96.67 USD | +3.3% |
| 2014 | 100.89 USD | +4.4% |
| 2015 | 100 USD | -0.9% |
| 2016 | 102.32 USD | +2.3% |
| 2017 | 104.7 USD | +2.3% |
| 2018 | 106.5 USD | +1.7% |
| 2019 | 106.64 USD | +0.1% |
| 2020 | 107.15 USD | +0.5% |
| 2021 | 112.18 USD | +4.7% |
| 2022 | 113.76 USD | +1.4% |
| 2023 | 115.51 USD | +1.5% |
| 2024 | 119.06 USD | +3.1% |
Panama compared with similar countries
- Panama's 119.06 USD is below the median for high income countries, which is 122.6 USD, 97% of the median. (68 countries reporting)
- Panama's 119.06 USD is below the median for Latin America & Caribbean, which is 120.08 USD, 99% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +34.3% | 57.33 USD | 76.98 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.77 USD | 16.78 USD | 37.07 USD | 10 |
| 1980s | 43.91 USD | 39.88 USD | 47.87 USD | 10 |
| 1990s | 49.34 USD | 46.16 USD | 53.95 USD | 10 |
| 2000s | 62.34 USD | 50.96 USD | 85.74 USD | 10 |
| 2010s | 98.44 USD | 84.9 USD | 106.64 USD | 10 |
| 2020s | 113.53 USD | 107.15 USD | 119.06 USD | 5 |
Countries ranked near Panama
- 94 Saint Vincent and the Grenadines 119.25 USD compare
- 95 Belize 119.15 USD compare
- 96 New Caledonia 119.11 USD compare
- 98 Costa Rica 118.79 USD compare
- 99 Peru 118.57 USD compare
- 100 Libya 118.47 USD compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Panama?
- Gross fixed capital formation deflator — value us$, 2015 prices in Panama was 119.06 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Panama?
- The highest recorded value was 119.06 USD in 2024.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Panama?
- The lowest recorded value was 16.78 USD in 1972.
- How does Panama rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Panama ranks 97th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices 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 US$, 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).