Panama

Inflation in Panama

Inflation in Panama: 13.8% a year in 1980 and -0.1% a year in 2025, by IMF estimates.

Latest, 2025
-0.1% a year
Since 1980
−13.9 percentage points
Rank, 2025
170 of 179
counting from the highest
Projected, 2031
2% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Inflation in PanamaInflation in Panama: 13.8% a year in 1980 and -0.1% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
  • The highest was 13.8% a year in 1980, the lowest -1.6% a year in 2020.

Every year

% a year · IMF

YearPanama
2025-0.1
20240.7
20231.5
20222.9
20211.6
2020-1.6
2019-0.4
20180.8
20170.9
20160.7
20150.1
20142.6
20134
20125.7
20115.9
20103.5
20092.4
20088.8
20074.2
20062.5
20052.9
20040.5
20030.2
20020.9
20010.3
20001.4
19991.3
19980.6
19971.3
19961.4
19950.9
19941.3
19930.5
19921.8
19911.5
19900.8
19890.1
19880.4
19871
1986-0.1
19851
19841.6
19832.1
19824.3
19817.3
198013.8
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearPanama
20261.8
20272.2
20282
20292
20302
20312

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Panama in numbers

Every measure for Panama on one page

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment

Other places nearby