Inflation, GDP deflator in Panama

Panama: Inflation, GDP deflator was 0.2% in 2025. ◆ Volatile

Latest (2025)
0.2%
Change on year
down 59.3%
World rank
189th
of 213 countries
All-time high
11.6%
in 1974
All-time low
-7.7%
in 1996
Years of data
65
1961–2025

Inflation, GDP deflator in Panama, 1961–2025

-10-50510196119932025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

Panama recorded 0.2% for inflation, gdp deflator in 2025.

Compared with earlier readings it is down 59.3% on the previous year and down 93.6% over ten years.

Over the whole period, inflation, gdp deflator in Panama peaked at 11.6% in 1974 and was at its lowest, -7.7%, in 1996.

Panama ranks 189th of 213 countries on this measure, 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 1.4% 0.5% 2.8% 9
1970s 6.7% 2.9% 11.6% 10
1980s 3.0% -1.3% 10.1% 10
1990s 0.9% -7.7% 5.1% 10
2000s 2.6% -1.5% 7.5% 10
2010s 3.4% 0.5% 6.3% 10
2020s 1.0% -0.5% 2.3% 6

Countries ranked near Panama

  1. 186 Bahamas 0.3% compare
  2. 187 Switzerland 0.3% compare
  3. 188 Bahrain 0.2% compare
  4. 190 Kiribati 0.0% compare
  5. 191 Oman -0.1% compare
  6. 192 Malaysia -0.4% compare

See the full ranking of 260 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is inflation, gdp deflator in Panama?
Inflation, gdp deflator in Panama was 0.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Panama?
The highest recorded value was 11.6% in 1974.
What is the lowest inflation, gdp deflator recorded in Panama?
The lowest recorded value was -7.7% in 1996.
How does Panama rank for inflation, gdp deflator?
Panama ranks 189th out of 213 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Panama?
Over the last ten years it is down 93.6%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.