Panama — Inflation
Inflation, Consumer Prices (Annual %) for Panama, 1960–2025.
Latest value · 2025
-0.19%
Inflation, Consumer Prices (Annual %) · annual % · -470.5% since 1960
Inflation for Panama was -0.19% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 16.27% in 1974. The lowest was -1.55% in 2020 (about 8.2× the latest value).
Panama ranks 178 of 187 economies on this measure (1 = highest), putting it in the top 95%. The median for Latin America & Caribbean is 2.53%, so Panama sits below it. It peaked in 1974 and has fallen 101% since. Over the last decade (2015–2025) the figure moved down 238%.
Key figures
Latest (2025)
-0.19%
First (1960)
0.05%
Change
-470.5%
Highest
16.27%
in 1974
Lowest
-1.55%
in 2020
Average
2.51%
Annual growth (CAGR)
—
Years of data
66
Recent years
| Year | annual % |
|---|---|
| 2025 | -0.19% |
| 2024 | 0.69% |
| 2023 | 1.49% |
| 2022 | 2.86% |
| 2021 | 1.63% |
| 2020 | -1.55% |
| 2019 | -0.36% |
| 2018 | 0.76% |
| 2017 | 0.88% |
| 2016 | 0.74% |
| 2015 | 0.14% |
| 2014 | 2.63% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.