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Cost of moneyPanama

Inflation rate in Panama

How fast are prices rising where I live — or where I might?

Panama's inflation rate is -0.19 % #95 of 126 countries on the atlas (closer to 2 % is better). Period 2025.

-0.19%

Checked 21 Sept 2026Period 2025

Source: Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB)

Prices in Panama actually fell 0.2 % over the year — deflation.

Inflation rate in Panama over time

8.76 %3.60 %-1.55 %2 % target8.76 % · 2008-1.55 % · 20202000: 1.50 %2001: 0.31 %2002: 1.01 %2003: 0.39 %2004: 0.47 %2005: 2.86 %2006: 2.46 %2007: 4.17 %2008: 8.76 %2009: 2.41 %2010: 3.49 %2011: 5.88 %2012: 5.70 %2013: 4.03 %2014: 2.63 %2015: 0.14 %2016: 0.74 %2017: 0.88 %2018: 0.76 %2019: -0.36 %2020: -1.55 %2021: 1.63 %2022: 2.86 %2023: 1.49 %2024: 0.69 %2025: -0.19 %200020122025-0.19 %
26 official observations, 20002025. Every point is a published value — never interpolated.
Rank
#95 of 126
closer to 2 % is better
Ranked behind
25 %
31 of 126 countries
Latest move
▼ 0.88 pp
since 2024
Below its peak
8.95 pp
peak 8.76 % in 2008
Full series
▼ 1.69 pp
since 2000

In Americas: #22 of 26vs median 3.12 %: −3.31 pp (worse)

The doubling clock

Among 126 countries

22 of 126 countries between -0.30 % and 1.11 %33 of 126 countries between 1.11 % and 2.52 %30 of 126 countries between 2.52 % and 3.93 %13 of 126 countries between 3.93 % and 5.34 %3 of 126 countries between 5.34 % and 6.75 %3 of 126 countries between 6.75 % and 8.16 %5 of 126 countries between 8.16 % and 9.57 %1 of 126 countries between 10.98 % and 12.39 %2 of 126 countries between 12.39 % and 13.80 %4 of 126 countries between 13.80 % and 15.21 %2 of 126 countries between 19.45 % and 20.86 %1 of 126 countries between 20.86 % and 22.27 %1 of 126 countries between 22.27 % and 23.68 %2 of 126 countries between 27.91 % and 29.32 %4 of 126 countries between 32.14 % and 33.55 %median 3.06 %Panama: ahead of 25 % of the 126 countries with a published inflationPanama -0.19 %-0.30 %33.55 %
Half of all 126 countries sit between 1.66 % and 4.65 %. Panama is ahead of 25 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryInflationvs Panama
93 Thailand-0.13 %+0.06 pp
94 Bahrain-0.14 %+0.05 pp
95 Panama-0.19 %
96 Azerbaijan5.62 %+5.81 pp
97 Brunei-0.30 %−0.11 pp

Annual CPI inflation from official statistics (World Bank, Eurostat, SSB). Ranked and coloured by distance from the ~2 % target most central banks aim for — deflation is not "winning".

How to read this figure

Annual change in the consumer price index — how much more the same basket costs than a year ago. Derived from official index levels (World Bank collection); one number for the whole country, so your personal basket may run hotter or colder. Ranked and coloured by distance from the ~2 % target most central banks aim for: deflation is a warning sign, not a win, so the greenest countries sit NEAR the target — not at the lowest number.

Next, about Panama

Money's valuePrice levelAverage monthly salary
Inflation rate, all countries ranked →Compare Panama with another country →Everything about Panama
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