Inflation Rate in Panama averaged 2.55 percent from 2008 until 2021, reaching an all time high of 10.04 percent in September of 2008 and a record low of -2.50 percent in May of 2020. This page provides - Panama Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Inflation Rate in Panama is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Panama to stand at 1.90 in 12 months time. In the long-term, the Panama Inflation Rate is projected to trend around 1.50 percent in 2022 and 2.00 percent in 2023, according to our econometric models.