Panama Diesel prices, 10-Jun-2024

The current price of diesel fuel in Panama is PAB 0.87 per liter or USD 0.87 per liter based on the latest update from 10-Jun-2024. For comparison, the world average diesel price is USD 1.16 per liter.
Diesel prices
 Current price 0.87
 Measure USD/Liter
 Last update 2024-06-10
 Data availability from 2014-11-24
 Data frequency Weekly
Source: Secretaría Nacional de Energía

We show diesel price data for Panama from 2014-11-24 to 2024-06-10. The average diesel price during that period is PAB 0.75 per liter with a minimum of PAB 0.41 on 2020-05-11 and a maximum of PAB 1.41 on 2022-07-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Panama every week.

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Diesel prices
Price (PAB/Liter) Percent change
 Current price 0.87 -
 One month ago 0.89 -2.2 %
 Three months ago 0.93 -6.5 %
 One year ago 0.84 3.6 %

Our data on: CNN Bloomberg Reuters

Panama Diesel prices: The last eight weeks

Panama Diesel prices: The last eight weeks

Panama Diesel prices, liter, Panamanian Balboa

Panama Diesel prices: Historical graph; 2014-11-24-2024-06-10
* A long flat line means that the government fixes the prices.
Panama: Diesel price analytics
Percent of world average diesel price     70.66%
Correlation with crude oil prices     0.93
Percent change if oil prices increase 10%     8.74%
Correlation with USD exchange rate     -0.31
Price flexibility index: 0 (low) - 1 (high)     0.47
Correlation with gasoline prices     0.95
Percent of gasoline price     83.72%
Cost of 40 liter tank, percent of income     2.89%
Diesel consumption, percent of income     1.26%
Updated monthly. Methodological notes
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