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Panama · Inflation rate

Panama Inflation rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31

Latest · 2025-0.1896%
Previous · 20240.6932%
Highest · 197416.27%
Lowest · 2020-1.55%

Panama's inflation rate stands at -0.1896% as of 2025-12-31, down from 0.6932% in 2024. Historical data runs from 1960 to 2025 (66 observations).

Recent trend

In 2025, Panama's inflation rate was -0.1896%, down from 0.6932% in 2024.

In 2024, Panama's inflation rate was 0.6932%, down from 1.49% in 2023.

In 2023, Panama's inflation rate was 1.49%, down from 2.86% in 2022.

In 2022, Panama's inflation rate was 2.86%, up from 1.63% in 2021.

In 2021, Panama's inflation rate was 1.63%, up from -1.55% in 2020.

Panama Inflation rate — historical data

YearValueChange
2025-0.1896%-0.8828%
20240.6932%-0.7932%
20231.49%-1.37%
20222.86%+1.23%
20211.63%+3.18%
2020-1.55%-1.2%
2019-0.3551%-1.12%
20180.7616%-0.114%
20170.8756%+0.1359%
20160.7397%+0.6022%
20150.1375%-2.49%
20142.63%-1.4%
20134.03%-1.67%
20125.7%-0.1776%
20115.88%+2.38%
20103.49%+1.08%
20092.41%-6.35%
20088.76%+4.59%
20074.17%+1.71%
20062.46%-0.398%
20052.86%+2.38%
20040.4747%+0.0831%
20030.3917%-0.6142%
20021.01%+0.6988%
20010.3071%-1.19%
20001.5%+0.2518%
19991.25%+0.6881%
19980.5591%-0.7653%
19971.32%+0.0686%
19961.26%+0.2615%
19950.9942%-0.2742%
19941.27%+0.8145%
19930.4539%-1.37%
19921.82%+0.5683%
19911.26%+0.4868%
19900.7695%+0.5636%
19890.2059%-0.1534%
19880.3592%-0.6372%
19870.9964%+1.06%
1986-0.0664%-1.09%
19851.03%-0.556%
19841.58%-0.5202%
19832.1%-2.15%
19824.25%-3.05%
19817.3%-6.51%
198013.81%+5.82%
19797.99%+3.79%
19784.2%-0.385%
19774.59%+0.6355%
19763.95%-1.93%
19755.88%-10.39%
197416.27%+9.41%
19736.86%+1.45%
19725.41%+3.49%
19711.92%-1.16%
19703.08%+1.26%
19691.83%+0.2085%
19681.62%+0.2432%
19671.38%+1.18%
19660.1935%-0.2681%
19650.4616%-1.95%
19642.41%+1.96%
19630.4499%-0.3381%
19620.788%+0.1742%
19610.6138%+0.5626%
19600.0512%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Panama data

Frequently asked questions

What is Panama's inflation rate?

Panama's inflation rate is -0.1896% as of 2025-12-31, compared with 0.6932% in 2024. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest inflation rate in Panama?

The highest recorded value is 16.27% (1974); the lowest is -1.55% (2020), across data from 1960 to 2025.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.