Panama Gasoline prices, 30-Sep-2024
The current gasoline price in Panama is PAB 0.94 per liter or USD 0.94 per liter and was updated on 30-Sep-2024.
For comparison, the average price of gasoline in the world is USD 1.20 per liter.
Panama |
Gasoline prices |
|---|---|
| Current price | 0.94 |
| Measure | USD/Liter |
| Last update | 2024-09-30 |
| Data availability from | 2014-11-24 |
| Data frequency | Weekly |
Source: Secretaría Nacional de Energía
We show Octane-95 gasoline price data for Panama
from 2014-11-24 to 2024-09-30.
The average gasoline price during that period is PAB 0.86
per liter with a minimum of
PAB 0.47 on 2020-04-06 and a maximum of
PAB 1.59 on 2022-06-20.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for Panama every week.
Gasoline prices |
Price (PAB/Liter) | Percent change |
|---|---|---|
| Current price | 0.94 | - |
| One month ago | 1.00 | -6.0 % |
| Three months ago | 1.02 | -7.8 % |
| One year ago | 1.16 | -19.0 % |
Panama Gasoline prices: The last eight weeks
Panama Gasoline prices, liter, Panamanian Balboa
* A long flat line means that the government fixes the prices.
Panama: Gasoline price analytics |
Value |
|---|---|
| Percent of world average gasoline price | 73.08% |
| Correlation with crude oil prices | 0.94 |
| Percent change if oil prices increase 10% | 7.43% |
| Correlation with USD exchange rate | -0.27 |
| Price flexibility index: 0 (low) - 1 (high) | 0.46 |
| Correlation with diesel fuel prices | 0.95 |
| Percent of diesel price | 119.60% |
| Cost of 40 liter tank, percent of income | 3.16% |
| Gasoline consumption, percent of income | 1.38% |
Updated monthly. Methodological notes
