Value Added Deflator (Manufacturing) — Value Standard Local Currency in Panama
Panama: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 113.71 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Panama, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Panama is 113.71 SLC, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 0.6% on the previous year and up 21.6% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Panama peaked at 113.71 SLC in 2023 and was at its lowest, 17.95 SLC, in 1972.
Panama ranks 152nd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Panama, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 18.02 SLC | — |
| 1971 | 18.09 SLC | +0.4% |
| 1972 | 17.95 SLC | -0.8% |
| 1973 | 19.28 SLC | +7.4% |
| 1974 | 23.87 SLC | +23.8% |
| 1975 | 28.93 SLC | +21.2% |
| 1976 | 25.99 SLC | -10.2% |
| 1977 | 27.65 SLC | +6.4% |
| 1978 | 29.39 SLC | +6.3% |
| 1979 | 30.73 SLC | +4.6% |
| 1980 | 35.23 SLC | +14.6% |
| 1981 | 36.45 SLC | +3.5% |
| 1982 | 37.08 SLC | +1.7% |
| 1983 | 42.62 SLC | +14.9% |
| 1984 | 43.29 SLC | +1.6% |
| 1985 | 50.19 SLC | +15.9% |
| 1986 | 47.35 SLC | -5.7% |
| 1987 | 42.52 SLC | -10.2% |
| 1988 | 42.11 SLC | -1.0% |
| 1989 | 40.93 SLC | -2.8% |
| 1990 | 40.5 SLC | -1.0% |
| 1991 | 40.94 SLC | +1.1% |
| 1992 | 41.54 SLC | +1.5% |
| 1993 | 40.35 SLC | -2.9% |
| 1994 | 40.13 SLC | -0.5% |
| 1995 | 41.8 SLC | +4.2% |
| 1996 | 43.36 SLC | +3.7% |
| 1997 | 40.94 SLC | -5.6% |
| 1998 | 42.16 SLC | +3.0% |
| 1999 | 42.91 SLC | +1.8% |
| 2000 | 43.54 SLC | +1.5% |
| 2001 | 43.68 SLC | +0.3% |
| 2002 | 42.24 SLC | -3.3% |
| 2003 | 43.54 SLC | +3.1% |
| 2004 | 45.03 SLC | +3.4% |
| 2005 | 45.28 SLC | +0.6% |
| 2006 | 46.24 SLC | +2.1% |
| 2007 | 59.5 SLC | +28.7% |
| 2008 | 66.93 SLC | +12.5% |
| 2009 | 75.38 SLC | +12.6% |
| 2010 | 76.47 SLC | +1.4% |
| 2011 | 76.18 SLC | -0.4% |
| 2012 | 80.85 SLC | +6.1% |
| 2013 | 93.54 SLC | +15.7% |
| 2014 | 98.64 SLC | +5.5% |
| 2015 | 100 SLC | +1.4% |
| 2016 | 102.26 SLC | +2.3% |
| 2017 | 104.93 SLC | +2.6% |
| 2018 | 104.8 SLC | -0.1% |
| 2019 | 108.85 SLC | +3.9% |
| 2020 | 111.37 SLC | +2.3% |
| 2021 | 109.64 SLC | -1.6% |
| 2022 | 113.01 SLC | +3.1% |
| 2023 | 113.71 SLC | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.99 SLC | 17.95 SLC | 30.73 SLC | 10 |
| 1980s | 41.78 SLC | 35.23 SLC | 50.19 SLC | 10 |
| 1990s | 41.46 SLC | 40.13 SLC | 43.36 SLC | 10 |
| 2000s | 51.14 SLC | 42.24 SLC | 75.38 SLC | 10 |
| 2010s | 94.65 SLC | 76.18 SLC | 108.85 SLC | 10 |
| 2020s | 111.93 SLC | 109.64 SLC | 113.71 SLC | 4 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 5.4 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.12 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0246 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 487.09 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 4.12 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0246 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 487.09 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Panama?
- Value added deflator (manufacturing) — value standard local currency in Panama was 113.71 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Panama?
- The highest recorded value was 113.71 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Panama?
- The lowest recorded value was 17.95 SLC in 1972.
- How does Panama rank for value added deflator (manufacturing) — value standard local currency?
- Panama ranks 152nd out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Panama?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).