Panama Inflation Rate 1960-2024
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. The Laspeyres formula is generally used.
- Panama inflation rate for 2022 was 2.86%, a 1.23% increase from 2021.
- Panama inflation rate for 2021 was 1.63%, a 3.18% increase from 2020.
- Panama inflation rate for 2020 was -1.55%, a 1.2% decline from 2019.
- Panama inflation rate for 2019 was -0.36%, a 1.12% decline from 2018.
| Panama Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 2.86% | 1.23% |
| 2021 | 1.63% | 3.18% |
| 2020 | -1.55% | -1.20% |
| 2019 | -0.36% | -1.12% |
| 2018 | 0.76% | -0.11% |
| 2017 | 0.88% | 0.14% |
| 2016 | 0.74% | 0.60% |
| 2015 | 0.14% | -2.49% |
| 2014 | 2.63% | -1.40% |
| 2013 | 4.03% | -1.67% |
| 2012 | 5.70% | -0.18% |
| 2011 | 5.88% | 2.38% |
| 2010 | 3.49% | 1.08% |
| 2009 | 2.41% | -6.35% |
| 2008 | 8.76% | 4.59% |
| 2007 | 4.17% | 1.71% |
| 2006 | 2.46% | -0.72% |
| 2005 | 3.18% | 3.00% |
| 2004 | 0.18% | -0.21% |
| 2003 | 0.39% | -0.61% |
| 2002 | 1.01% | 0.70% |
| 2001 | 0.31% | -1.19% |
| 2000 | 1.50% | 0.25% |
| 1999 | 1.25% | 0.69% |
| 1998 | 0.56% | -0.77% |
| 1997 | 1.32% | 0.07% |
| 1996 | 1.26% | 0.26% |
| 1995 | 0.99% | -0.27% |
| 1994 | 1.27% | 0.81% |
| 1993 | 0.45% | -1.37% |
| 1992 | 1.82% | 0.57% |
| 1991 | 1.26% | 0.49% |
| 1990 | 0.77% | 0.56% |
| 1989 | 0.21% | -0.15% |
| 1988 | 0.36% | -0.64% |
| 1987 | 1.00% | 1.06% |
| 1986 | -0.07% | -1.09% |
| 1985 | 1.03% | -0.56% |
| 1984 | 1.58% | -0.52% |
| 1983 | 2.10% | -2.15% |
| 1982 | 4.25% | -3.05% |
| 1981 | 7.30% | -6.51% |
| 1980 | 13.81% | 5.82% |
| 1979 | 7.99% | 3.79% |
| 1978 | 4.20% | -0.39% |
| 1977 | 4.59% | 0.64% |
| 1976 | 3.95% | -1.93% |
| 1975 | 5.88% | -10.39% |
| 1974 | 16.27% | 9.41% |
| 1973 | 6.86% | 1.45% |
| 1972 | 5.41% | 3.49% |
| 1971 | 1.92% | -1.16% |
| 1970 | 3.08% | 1.26% |
| 1969 | 1.83% | 0.21% |
| 1968 | 1.62% | 0.24% |
| 1967 | 1.38% | 1.18% |
| 1966 | 0.19% | -0.27% |
| 1965 | 0.46% | -1.95% |
| 1964 | 2.41% | 1.96% |
| 1963 | 0.45% | -0.34% |
| 1962 | 0.79% | 0.17% |
| 1961 | 0.61% | 0.56% |
| 1960 | 0.05% | 0.56% |