GDP deflator — all countries

GDP deflator — Panama

GDP deflator in Panama in 2025 — 0.19%. Ranked 23 in the world out of 186. Since 1961, the indicator has fallen by 0.34 pp.

2025 0.19% −0.28 pp vs 2024
World rank 23of 186
Period maximum 11.61%1974
Period minimum -7.7%1996

Trend over time

1961–2025 · % per year

GDP deflator — Panama, 1961–2025-10-505101519611968197519821989199620032010201720241961: 0.53%1963: 2.12%1965: 0.62%1967: 2.59%1969: 1.21%1971: 2.9%1973: 8.54%1975: 9.38%1977: 4.66%1979: 9.25%1981: 3.64%1983: 7.5%1985: 0.81%1987: 2.29%1989: -1.28%1991: 0.49%1993: 3.55%1995: 0.47%1997: 1.54%1999: 0.58%2001: 1.43%2003: 1.12%2005: 1.68%2007: 2.86%2009: 6.33%2011: 5.49%2013: 6.16%2015: 3.01%2017: 1.79%2019: 0.54%2021: 1.42%2023: 2.26%2025: 0.19%
Change over the period: −0.34 pp Annual average: -0.01 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Panama

Panama 0.19%
World 3.33%
Central America computed 4.18%
High-income countries computed 2.67%
GDP deflator — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2025 0.19 −0.28 pp
2024 0.47 −1.79 pp
2023 2.26 +0.06 pp
2022 2.2 +0.78 pp
2021 1.42 +1.91 pp
2020 -0.49 −1.03 pp
2019 0.54 −0.16 pp
2018 0.7 −1.09 pp
2017 1.79 −0.68 pp
2016 2.48 −0.54 pp
2015 3.01 −1.68 pp
2014 4.69 −1.46 pp
2013 6.16 −0.16 pp
2012 6.32 +0.83 pp
2011 5.49 +2.94 pp
2010 2.55 −3.78 pp
2009 6.33 −1.14 pp
2008 7.48 +4.62 pp
2007 2.86 +0.68 pp
2006 2.17 +0.5 pp
2005 1.68 −0.94 pp
2004 2.61 +1.5 pp
2003 1.12 −0.8 pp
2002 1.92 +0.49 pp
2001 1.43 +2.95 pp
2000 -1.52 −2.1 pp
1999 0.58 −0.5 pp
1998 1.07 −0.46 pp
1997 1.54 +9.23 pp
1996 -7.7 −8.16 pp
1995 0.47 −3.21 pp
1994 3.68 +0.13 pp
1993 3.55 −1.51 pp
1992 5.06 +4.57 pp
1991 0.49 −0.07 pp
1990 0.57 +1.84 pp
1989 -1.28 −1.08 pp
1988 -0.19 −2.48 pp
1987 2.29 +1.95 pp
1986 0.34 −0.47 pp
1985 0.81 −0.82 pp
1984 1.63 −5.87 pp
1983 7.5 +2.63 pp
1982 4.87 +1.23 pp
1981 3.64 −6.5 pp
1980 10.14 +0.9 pp
1979 9.25 +1.32 pp
1978 7.92 +3.26 pp
1977 4.66 +0.12 pp
1976 4.53 −4.85 pp
1975 9.38 −2.23 pp
1974 11.61 +3.07 pp
1973 8.54 +3.54 pp
1972 5 +2.09 pp
1971 2.9 −0.52 pp
1970 3.42 +2.21 pp
1969 1.21 +0.64 pp
1968 0.56 −2.02 pp
1967 2.59 +1.31 pp
1966 1.28 +0.66 pp
1965 0.62 −2.2 pp
1964 2.82 +0.71 pp
1963 2.12 +1.54 pp
1962 0.57 +0.04 pp
1961 0.53

Central America, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The annual change in the GDP deflator — the ratio of GDP in current prices to GDP in constant prices. Unlike the consumer price index it covers the prices of all final goods and services, including investment and export goods, but not imported ones. For commodity exporters the GDP deflator can diverge sharply from consumer inflation, following world prices.

Source: World Development Indicators (World Bank), license CC BY 4.0.