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Panama Annual Inflation Rate

Panama's annual inflation rate fell to 0.69% in 2024, down from 1.49% in 2023, according to World Bank. This represents a decrease of 0.8% from the previous year. Panama has the 14th lowest annual inflation rate. Within Americas, it ranks 30th out of 35 countries.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
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%
2013 4.03%
2012 5.7%
2011 5.88%
2010 3.49%
2009 2.41%
2008 8.76%
2007 4.17%
2006 2.46%
2005 2.86%
2004 0.47%
2003 0.39%
2002 1.01%
2001 0.31%
2000 1.5%
1999 1.25%
1998 0.56%
1997 1.32%
1996 1.26%
1995 0.99%
1994 1.27%
1993 0.45%
1992 1.82%
1991 1.26%
1990 0.77%
1989 0.21%
1988 0.36%
1987 1%
1986 -0.07%
1985 1.03%
1984 1.58%
1983 2.1%
1982 4.25%
1981 7.3%
1980 13.81%
1979 7.99%
1978 4.2%
1977 4.59%
1976 3.95%
1975 5.88%
1974 16.27%
1973 6.86%
1972 5.41%
1971 1.92%
1970 3.08%
1969 1.83%
1968 1.62%
1967 1.38%
1966 0.19%
1965 0.46%
1964 2.41%
1963 0.45%
1962 0.79%
1961 0.61%
1960 0.05%
Panama Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Panama.