Panamanian Balboa Inflation Calculator

PAB 100.00 in 1959 has the same buying power as PAB 505.69 in 2026.

PAB 505.69PAB 100.00 in 1959 is now
405.69%Cumulative inflation
2.45%Average per year
68Years of data

Convert Panamanian Balboa between any two years

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Results

PAB 100.00 in 2001 is worth PAB 167.51 in 2026

Annual inflation rate 2.08%
Cumulative inflation 67.51%

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Inflation in Panama

This page covers 68 years of Panama consumer price data, from 1959 to 2026. The steepest single year on record was 1974, when consumer prices in Panama rose 16.3%.

Prices fell in 4 of those 67 years, including in recent decades — about 6% of the time — most sharply in 2020, when they dropped 1.6%. In a year like that money gained purchasing power rather than losing it. By decade, the 1970s were the most inflationary stretch, averaging 6.0% a year, while the 2020s were the calmest at 0.9%. Over the last ten years inflation has averaged 0.8% a year, markedly calmer than the 2.5% average across the whole record.

Panama CPI and inflation rate by year

The full annual series behind this calculator, from 1959 to 2026. The final column shows what PAB 100.00 in that year is worth in 2026 money.

Panama consumer price index and annual inflation, 1959–2026
Year CPI index Inflation PAB 100.00 then, in 2026
2026108.601.40%PAB 100.00
2025107.10-0.19%PAB 101.40
2024107.310.69%PAB 101.21
2023106.571.49%PAB 101.91
2022105.012.86%PAB 103.42
2021102.091.63%PAB 106.38
2020100.45-1.55%PAB 108.12
2019102.03-0.36%PAB 106.44
2018102.400.76%PAB 106.06
2017101.620.88%PAB 106.87
2016100.740.74%PAB 107.81
2015100.000.14%PAB 108.60
201499.862.63%PAB 108.75
201397.314.03%PAB 111.61
201293.545.70%PAB 116.10
201188.505.88%PAB 122.72
201083.593.49%PAB 129.93
200980.772.41%PAB 134.47
200878.878.76%PAB 137.71
200772.514.17%PAB 149.77
200669.612.46%PAB 156.01
200567.942.86%PAB 159.85
200466.060.47%PAB 164.41
200365.740.39%PAB 165.19
200265.491.01%PAB 165.84
200164.840.31%PAB 167.51
200064.641.50%PAB 168.02
199963.681.25%PAB 170.54
199862.900.56%PAB 172.67
199762.551.32%PAB 173.63
199661.731.26%PAB 175.93
199560.970.99%PAB 178.14
199460.371.27%PAB 179.91
199359.610.45%PAB 182.19
199259.341.82%PAB 183.02
199158.281.26%PAB 186.36
199057.550.77%PAB 188.70
198957.110.21%PAB 190.15
198857.000.36%PAB 190.54
198756.791.00%PAB 191.23
198656.23-0.07%PAB 193.13
198556.271.03%PAB 193.01
198455.701.58%PAB 194.99
198354.832.10%PAB 198.07
198253.704.25%PAB 202.24
198151.517.30%PAB 210.83
198048.0113.81%PAB 226.23
197942.187.99%PAB 257.47
197839.064.20%PAB 278.04
197737.494.59%PAB 289.71
197635.843.95%PAB 303.00
197534.485.88%PAB 314.97
197432.5716.27%PAB 333.49
197328.016.86%PAB 387.74
197226.215.41%PAB 414.33
197124.871.92%PAB 436.74
197024.403.08%PAB 445.13
196923.671.83%PAB 458.85
196823.241.62%PAB 467.24
196722.871.38%PAB 474.80
196622.560.19%PAB 481.33
196522.520.46%PAB 482.27
196422.422.41%PAB 484.49
196321.890.45%PAB 496.19
196221.790.79%PAB 498.42
196121.620.61%PAB 502.35
196021.490.05%PAB 505.43
195921.48PAB 505.69

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Panama inflation FAQ

What is the current inflation rate in Panama?
Panama inflation was 1.40% in 2026, the most recent year in this dataset, measured as the change in the annual average consumer price index from 2025.
How much has Panamanian Balboa lost in value since 1959?
PAB 100.00 in 1959 has the same purchasing power as PAB 505.69 in 2026. That is cumulative inflation of 405.69% over 67 years, an average of 2.45% per year.
What years does this Panama inflation calculator cover?
This calculator covers 68 years, from 1959 to 2026. You can convert an amount between any two years in that range.
Can Panamanian Balboa inflation be negative?
Yes. Negative inflation, or deflation, means prices fell and Panamanian Balboa gained purchasing power over that year. Panama recorded deflation in 4 of the 67 years measured here, most recently in 2025. The steepest fall was -1.55% in 2020.
What is the difference between CPI and the inflation rate?
The consumer price index (CPI) is a level: it measures the cost of a fixed basket of goods and services in a given year. The inflation rate is the percentage change in that level between two periods. This calculator uses the ratio of CPI values for your two chosen years to convert an amount between them.

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