Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Panama

Panama: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 113.71 USD in 2023. ◆ Volatile

Latest (2023)
113.71 USD
Change on year
up 0.6%
World rank
114th
of 203 countries
All-time high
113.71 USD
in 2023
All-time low
17.95 USD
in 1972
Years of data
54
1970–2023

Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Panama, 1970–2023

20406080100120197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

Panama recorded 113.71 USD for value added deflator (manufacturing) — value us$, 2015 prices in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 0.6% on the previous year and up 21.6% over ten years.

Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Panama peaked at 113.71 USD in 2023 and was at its lowest, 17.95 USD, in 1972.

Panama ranks 114th of 203 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Panama, year by year

Annual values for Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Panama, 1970 to 2023.
Year USD Change
1970 18.02 USD —
1971 18.09 USD +0.4%
1972 17.95 USD -0.8%
1973 19.28 USD +7.4%
1974 23.87 USD +23.8%
1975 28.93 USD +21.2%
1976 25.99 USD -10.2%
1977 27.65 USD +6.4%
1978 29.39 USD +6.3%
1979 30.73 USD +4.6%
1980 35.23 USD +14.6%
1981 36.45 USD +3.5%
1982 37.08 USD +1.7%
1983 42.62 USD +14.9%
1984 43.29 USD +1.6%
1985 50.19 USD +15.9%
1986 47.35 USD -5.7%
1987 42.52 USD -10.2%
1988 42.11 USD -1.0%
1989 40.93 USD -2.8%
1990 40.5 USD -1.0%
1991 40.94 USD +1.1%
1992 41.54 USD +1.5%
1993 40.35 USD -2.9%
1994 40.13 USD -0.5%
1995 41.8 USD +4.2%
1996 43.36 USD +3.7%
1997 40.94 USD -5.6%
1998 42.16 USD +3.0%
1999 42.91 USD +1.8%
2000 43.54 USD +1.5%
2001 43.68 USD +0.3%
2002 42.24 USD -3.3%
2003 43.54 USD +3.1%
2004 45.03 USD +3.4%
2005 45.28 USD +0.6%
2006 46.24 USD +2.1%
2007 59.5 USD +28.7%
2008 66.93 USD +12.5%
2009 75.38 USD +12.6%
2010 76.47 USD +1.4%
2011 76.18 USD -0.4%
2012 80.85 USD +6.1%
2013 93.54 USD +15.7%
2014 98.64 USD +5.5%
2015 100 USD +1.4%
2016 102.26 USD +2.3%
2017 104.93 USD +2.6%
2018 104.8 USD -0.1%
2019 108.85 USD +3.9%
2020 111.37 USD +2.3%
2021 109.64 USD -1.6%
2022 113.01 USD +3.1%
2023 113.71 USD +0.6%

Panama compared with similar countries

  • Panama's 113.71 USD is below the median for high income countries, which is 118.6 USD, 96% of the median. (68 countries reporting)
  • Panama's 113.71 USD is below the median for Latin America & Caribbean, which is 119.19 USD, 95% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — 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.

YearChange FromTo
2007 +28.7% 46.24 USD 59.5 USD

Averages by decade

DecadeAverage LowestHighest Years
1970s 23.99 USD 17.95 USD 30.73 USD 10
1980s 41.78 USD 35.23 USD 50.19 USD 10
1990s 41.46 USD 40.13 USD 43.36 USD 10
2000s 51.14 USD 42.24 USD 75.38 USD 10
2010s 94.65 USD 76.18 USD 108.85 USD 10
2020s 111.93 USD 109.64 USD 113.71 USD 4

Countries ranked near Panama

  1. 111 Gabon 114.37 USD compare
  2. 112 Namibia 114.07 USD compare
  3. 113 Saint Vincent and the Grenadines 113.74 USD compare
  4. 115 Benin 113.64 USD compare
  5. 116 Somalia 113.56 USD compare
  6. 117 Liechtenstein 113.28 USD compare

See the full ranking of 246 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is value added deflator (manufacturing) — value us$, 2015 prices in Panama?
Value added deflator (manufacturing) — value us$, 2015 prices in Panama was 113.71 USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Panama?
The highest recorded value was 113.71 USD in 2023.
What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Panama?
The lowest recorded value was 17.95 USD in 1972.
How does Panama rank for value added deflator (manufacturing) — value us$, 2015 prices?
Panama ranks 114th out of 203 countries with data for 2023.
Is value added deflator (manufacturing) — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-us-2015-prices/panama/

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About this data

Indicator
Value Added Deflator (Manufacturing) — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
246 places, 12,200 data points, 1970–2023
Last refreshed

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).