{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"real-effective-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/REER","title":"Real Effective Exchange Rate","unit":null},"observations":[{"date":"1995-01-01","value":116.119},{"date":"1996-01-01","value":113.105},{"date":"1997-01-01","value":115.757},{"date":"1998-01-01","value":109.429},{"date":"1999-01-01","value":104.806},{"date":"2000-01-01","value":106.467},{"date":"2001-01-01","value":98.218},{"date":"2002-01-01","value":101.893},{"date":"2003-01-01","value":98.6078},{"date":"2004-01-01","value":97.4747},{"date":"2005-01-01","value":100.524},{"date":"2006-01-01","value":103.636},{"date":"2007-01-01","value":102.241},{"date":"2008-01-01","value":97.068},{"date":"2009-01-01","value":96.5893},{"date":"2010-01-01","value":99.9544},{"date":"2011-01-01","value":102.005},{"date":"2012-01-01","value":103.253},{"date":"2013-01-01","value":100.69},{"date":"2014-01-01","value":107.619},{"date":"2015-01-01","value":116.604},{"date":"2016-01-01","value":120.163},{"date":"2017-01-01","value":122.606},{"date":"2018-01-01","value":107.716},{"date":"2019-01-01","value":97.069},{"date":"2020-01-01","value":97.5736},{"date":"2021-01-01","value":100.144},{"date":"2022-01-01","value":97.6554},{"date":"2023-01-01","value":93.5317},{"date":"2024-01-01","value":105.731}],"summary":{"latest_period":"2024-01-01","latest_value":105.731,"max":122.606,"mean":104.475,"min":93.5317,"of":107,"rank":36,"trend":"flat"}}