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PPP conversion factor — all countries

PPP conversion factor — Panama

PPP conversion factor in Panama in 2025 — 0.451 per int$. Ranked 175 in the world out of 185. Since 1990, the indicator has fallen by 11.6%.

2025 0.451 per int$ −2.54% vs 2024
World rank 175of 185
Period maximum 0.568 per int$2012
Period minimum 0.451 per int$2025

Trend over time

1990–2025 · local units per international $

PPP conversion factor — Panama, 1990–20250.450.50.550.619901994199820022006201020142018202220251990: 0.51 per int$1991: 0.496 per int$1992: 0.509 per int$1993: 0.515 per int$1994: 0.523 per int$1995: 0.515 per int$1996: 0.515 per int$1997: 0.514 per int$1998: 0.514 per int$1999: 0.51 per int$2000: 0.491 per int$2001: 0.487 per int$2002: 0.489 per int$2003: 0.485 per int$2004: 0.484 per int$2005: 0.477 per int$2006: 0.473 per int$2007: 0.474 per int$2008: 0.5 per int$2009: 0.528 per int$2010: 0.535 per int$2011: 0.553 per int$2012: 0.568 per int$2013: 0.56 per int$2014: 0.542 per int$2015: 0.517 per int$2016: 0.49 per int$2017: 0.468 per int$2018: 0.498 per int$2019: 0.496 per int$2020: 0.492 per int$2021: 0.501 per int$2022: 0.478 per int$2023: 0.472 per int$2024: 0.463 per int$2025: 0.451 per int$
Change over the period: −0.059 (−11.63%) Average annual rate: -0.35 %
PPP conversion factor — Panama, by year Panama All countries CSV XLSX
Year per int$ Change Change, %
2025 0.451 −0.012 −2.54%
2024 0.463 −0.009 −1.96%
2023 0.472 −0.007 −1.39%
2022 0.478 −0.023 −4.59%
2021 0.501 +0.009 +1.93%
2020 0.492 −0.004 −0.77%
2019 0.496 −0.002 −0.36%
2018 0.498 +0.029 +6.3%
2017 0.468 −0.022 −4.46%
2016 0.49 −0.027 −5.22%
2015 0.517 −0.025 −4.64%
2014 0.542 −0.018 −3.17%
2013 0.56 −0.008 −1.48%
2012 0.568 +0.015 +2.76%
2011 0.553 +0.018 +3.36%
2010 0.535 +0.007 +1.32%
2009 0.528 +0.028 +5.68%
2008 0.5 +0.026 +5.44%
2007 0.474 +0.001 +0.14%
2006 0.473 −0.004 −0.88%
2005 0.477 −0.007 −1.42%
2004 0.484 −0 −0.07%
2003 0.485 −0.004 −0.84%
2002 0.489 +0.002 +0.36%
2001 0.487 −0.004 −0.8%
2000 0.491 −0.019 −3.7%
1999 0.51 −0.004 −0.83%
1998 0.514 −0 −0.05%
1997 0.514 −0.001 −0.18%
1996 0.515 +0.001 +0.11%
1995 0.515 −0.008 −1.6%
1994 0.523 +0.008 +1.51%
1993 0.515 +0.006 +1.16%
1992 0.509 +0.013 +2.72%
1991 0.496 −0.014 −2.79%
1990 0.51 — —

Central America, 2025

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

CR Costa Rica 297.352 NI Nicaragua 12.519 HN Honduras 11.864 MX Mexico 10.329 GT Guatemala 3.335 BZ Belize 1.051 PA Panama 0.451 SV El Salvador 0.409
Full table for all countries

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

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

Other indicators for Panama

Finance Exchange rate to the US dollar

The average annual official exchange rate of the national currency per one US dollar.

Panama by year Economy GDP at purchasing power parity

The size of the economy in international dollars — adjusted for price differences between countries.

Panama by year Economy GNI at purchasing power parity

The income of a country's residents converted by purchasing power rather than by the exchange rate.

Panama by year Economy GDP per capita at PPP

The soundest measure of living standards: income per person adjusted for prices.

Panama by year
All indicators for Panama