Nominal Effecive Exchange Rate in Panama
Panama: Nominal Effecive Exchange Rate was 133.38 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Panama, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for nominal effecive exchange rate in Panama is 133.38, measured in 2024. That is the highest value across all 31 years on record.
That represents a change of up 3.3% on the previous year and up 30.9% over ten years.
Over the whole period, nominal effecive exchange rate in Panama peaked at 133.38 in 2024 and was at its lowest, 84.18, in 1994.
Panama ranks 5th of 112 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Nominal Effecive Exchange Rate in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 84.18 | — |
| 1995 | 86.35 | +2.6% |
| 1996 | 90.64 | +5.0% |
| 1997 | 95.07 | +4.9% |
| 1998 | 100.29 | +5.5% |
| 1999 | 100.52 | +0.2% |
| 2000 | 102.84 | +2.3% |
| 2001 | 106.78 | +3.8% |
| 2002 | 109.2 | +2.3% |
| 2003 | 107.98 | -1.1% |
| 2004 | 105.32 | -2.5% |
| 2005 | 102.71 | -2.5% |
| 2006 | 102.36 | -0.3% |
| 2007 | 99.08 | -3.2% |
| 2008 | 96.01 | -3.1% |
| 2009 | 99.03 | +3.1% |
| 2010 | 100.01 | +1.0% |
| 2011 | 96.78 | -3.2% |
| 2012 | 97.55 | +0.8% |
| 2013 | 99.64 | +2.1% |
| 2014 | 101.92 | +2.3% |
| 2015 | 110.33 | +8.2% |
| 2016 | 114.4 | +3.7% |
| 2017 | 113.75 | -0.6% |
| 2018 | 112.7 | -0.9% |
| 2019 | 115.66 | +2.6% |
| 2020 | 116.7 | +0.9% |
| 2021 | 114.76 | -1.7% |
| 2022 | 125.26 | +9.1% |
| 2023 | 129.1 | +3.1% |
| 2024 | 133.38 | +3.3% |
Panama compared with similar countries
- Panama's 133.38 is above the median for high income countries, which is 104.58, 1.3× the median. (54 countries reporting)
- Panama's 133.38 is above the median for Latin America & Caribbean, which is 107.73, 1.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 92.84 | 84.18 | 100.52 | 6 |
| 2000s | 103.13 | 96.01 | 109.2 | 10 |
| 2010s | 106.28 | 96.78 | 115.66 | 10 |
| 2020s | 123.84 | 114.76 | 133.38 | 5 |
Countries ranked near Panama
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Panama?
- Nominal effecive exchange rate in Panama was 133.38 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest nominal effecive exchange rate recorded in Panama?
- The highest recorded value was 133.38 in 2024.
- What is the lowest nominal effecive exchange rate recorded in Panama?
- The lowest recorded value was 84.18 in 1994.
- How does Panama rank for nominal effecive exchange rate?
- Panama ranks 5th out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Panama?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Nominal Effecive Exchange Rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
A measure of the value of a currency against a weighted average of several foreign currencies