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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 % — #91 of 123 countries on the atlas (closer to 2 % is better). Period 2025.

-0.19%

Checked 8 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.

Among 123 countries

22 of 123 countries between -0.30 % and 1.11 %30 of 123 countries between 1.11 % and 2.52 %29 of 123 countries between 2.52 % and 3.93 %13 of 123 countries between 3.93 % and 5.34 %4 of 123 countries between 5.34 % and 6.75 %3 of 123 countries between 6.75 % and 8.16 %6 of 123 countries between 8.16 % and 9.57 %1 of 123 countries between 10.98 % and 12.39 %2 of 123 countries between 12.39 % and 13.80 %4 of 123 countries between 13.80 % and 15.21 %2 of 123 countries between 19.45 % and 20.86 %1 of 123 countries between 22.27 % and 23.68 %2 of 123 countries between 27.91 % and 29.32 %4 of 123 countries between 32.14 % and 33.55 %median 3.21 %Panama: ahead of 26 % of the 123 countries with a published inflationPanama -0.19 %-0.30 %33.55 %
Half of all 123 countries sit between 1.66 % and 5.02 %. Panama is ahead of 26 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.
Rank
#91 of 123
closer to 2 % is better
Ranked behind
26 %
32 of 123 countries

In Americas: #21 of 25vs median 3.21 %: −3.40 pp (worse)

The doubling clock

The neighbourhood

#CountryInflationvs Panama
89 Thailand-0.13 %+0.06 pp
90 Bahrain-0.14 %+0.05 pp
91 Panama-0.19 %—
92 Azerbaijan5.62 %+5.81 pp
93 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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