Inflation, consumer prices in Panama

Panama: Inflation, consumer prices was -0.2% in 2025. ◆ Volatile

Latest (2025)
-0.2%
Change on year
down 127.3%
World rank
181st
of 191 countries
All-time high
16.3%
in 1974
All-time low
-1.6%
in 2020
Years of data
66
1960–2025

Inflation, consumer prices in Panama, 1960–2025

051015196019922025

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.

Analysis

In 2025, inflation, consumer prices in Panama stood at -0.2%.

That represents a change of down 127.3% on the previous year and down 237.9% over ten years.

Over the whole period, inflation, consumer prices in Panama peaked at 16.3% in 1974 and was at its lowest, -1.6%, in 2020.

That places Panama 181st out of 191 countries with data for 2025, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.0% 0.1% 2.4% 10
1970s 6.0% 1.9% 16.3% 10
1980s 3.2% -0.1% 13.8% 10
1990s 1.1% 0.5% 1.8% 10
2000s 2.4% 0.3% 8.8% 10
2010s 2.4% -0.4% 5.9% 10
2020s 0.8% -1.6% 2.9% 6

Countries ranked near Panama

  1. 178 Costa Rica -0.1% compare
  2. 179 Thailand -0.1% compare
  3. 180 Bahrain -0.1% compare
  4. 182 Brunei -0.3% compare
  5. 183 Djibouti -0.3% compare
  6. 184 Palau -0.4% compare

See the full ranking of 238 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is inflation, consumer prices in Panama?
Inflation, consumer prices in Panama was -0.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest inflation, consumer prices recorded in Panama?
The highest recorded value was 16.3% in 1974.
What is the lowest inflation, consumer prices recorded in Panama?
The lowest recorded value was -1.6% in 2020.
How does Panama rank for inflation, consumer prices?
Panama ranks 181st out of 191 countries with data for 2025.
Is inflation, consumer prices rising or falling in Panama?
Over the last ten years it is down 237.9%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Inflation, consumer prices (annual %)
Unit
annual %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 11,469 data points, 1960–2025
Last refreshed

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.