Panama PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Panama's ppp conversion factor was 0.46 in 2025, ranked 188th globally. This represents a 1.7% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Panama's ppp conversion factor stood at 0.46 in 2025, a decline of +0.01 from 2024. Based on recent trends, this figure is projected to reach 0.46 by 2025. Panama ranked 188th globally.
Panama's PPP Conversion Factor, a measure of the country's currency in terms of purchasing power parity, has experienced fluctuations over the past three-and-a-half decades. At its peak in 2012, the value reached 0.57, while the current all-time trough of 0.46 in 2025 ranks Panama as the 188th country globally in terms of PPP. This downward trend is mirrored in Liberia, which ranks slightly higher at 0.48, and Croatia, which ranks lower at 0.45. The country's PPP Conversion Factor has been steadily decreasing since 2012, a trend that is also reflected in the lower value compared to peer countries such as Portugal, which ranks higher at 0.50. The current low value of 0.46 in 2025 suggests that Panama's economy has been struggling to maintain purchasing power relative to other countries. A significant improvement in the country's economic performance, such as through investments in infrastructure or human capital, would be necessary to alter the trajectory of this trend.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.44 | - | - |
| 2026* trend | 0.45 | - | - |
| 2025* trend | 0.46 | - | - |
| 2025 | 0.46 | −0.01 | #188 |
| 2024 | 0.46 | −0.01 | #12 |
| 2023 | 0.47 | −0.01 | #12 |
| 2022 | 0.48 | −0.02 | #15 |
| 2021 | 0.50 | +0.01 | #17 |
| 2020 | 0.49 | −0.00 | #17 |
| 2019 | 0.50 | −0.00 | #16 |
| 2018 | 0.50 | +0.03 | #14 |
| 2017 | 0.47 | −0.02 | #12 |
| 2016 | 0.49 | −0.03 | #14 |
| 2015 | 0.52 | −0.03 | #15 |
| 2014 | 0.54 | −0.02 | #19 |
| 2013 | 0.56 | −0.01 | #19 |
| 2012 | 0.57 | +0.02 | #19 |
| 2011 | 0.55 | +0.02 | #20 |
Detected Pattern
Analysis
Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Panama's ppp conversion factor was 0.46 in 2025. Ranked 188th globally. This represents a 1.7% decrease from the previous year.
Panama's ppp conversion factor peaked at 0.57 in 2012.
The lowest ppp conversion factor in Panama was 0.46 in 2025.
Panama ranks 188th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Panama's ppp conversion factor is projected to reach 0.46 by 2025 based on trend extrapolation.
The ppp conversion factor of Panama in 2025 was 0.46. This ranks 188th in the world.
Cite this page
@misc{historysaid_panama_ppp-conversion-factor,
title = {Panama PPP Conversion Factor},
url = {https://historysaid.com/panama/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}