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Development of inflation rates in Panama

The inflation rate for consumer prices in Panama moved over the past 41 years between -1.6% and 13.8%. For 2020, an inflation rate of -1.6% was calculated.

During the observation period from 1979 to 2020, the average inflation rate was 2.4% per year. Overall, the price increase was 157.23 %. An item that cost 100 Balboa in 1979 was so charged 257.23 Balboa in the beginning of 2021.

In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

Back to overview: Panama

Performance over the last 41 years compared to the US

Performance based on 100% in 1978.Performance in Panama

      Panama       USA


Inflation calculator for Panama

Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Balboa in 1979 corresponds to an amount of 2,572.28 Balboa at the beginning of 2021 due to inflation.

Original amount in Balboa:


Start year:


End year:


Development of inflation rates for consumer goods in Panama

Performance in Panama

      Panama       USA


JahrPanamaØ USAØ World
2020-1.55 %1.23 %1.94 %
2019-0.36 %1.81 %2.15 %
20180.76 %2.44 %2.42 %
20170.88 %2.13 %2.18 %
20160.74 %1.26 %1.49 %
20150.14 %0.12 %1.43 %
20142.63 %1.62 %2.35 %
20134.03 %1.46 %2.61 %
20125.70 %2.07 %3.73 %
20115.88 %3.16 %4.82 %
20103.49 %1.64 %3.33 %
20092.41 %-0.36 %2.94 %
20088.76 %3.84 %8.90 %
20074.17 %2.85 %4.83 %
20062.46 %3.23 %4.22 %
20053.18 %3.39 %4.08 %
20040.18 %2.68 %3.36 %
20030.39 %2.27 %3.03 %
20021.01 %1.59 %2.83 %
20010.31 %2.83 %3.84 %
20001.50 %3.38 %3.43 %
19991.25 %2.19 %3.16 %
19980.56 %1.55 %5.19 %
19971.32 %2.34 %5.42 %
19961.26 %2.93 %6.68 %
19950.99 %2.81 %9.08 %
19941.27 %2.61 %10.32 %
19930.45 %2.95 %6.78 %
19921.82 %3.03 %7.54 %
19911.26 %4.23 %8.97 %
19900.77 %5.40 %8.13 %
19890.21 %4.83 %7.00 %
19880.36 %4.08 %7.15 %
19871.00 %3.66 %5.66 %
1986-0.07 %1.90 %5.78 %
19851.03 %3.55 %6.81 %
19841.58 %4.30 %8.22 %
19832.10 %3.21 %8.87 %
19824.25 %6.13 %10.26 %
19817.30 %10.33 %12.48 %
198013.81 %13.55 %13.98 %
19797.99 %11.25 %n/a
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