Panama Diesel prices, 25-Nov-2024
The current price of diesel fuel in Panama is PAB 0.81 per liter or USD 0.81 per liter based on the latest update from 25-Nov-2024.
For comparison, the world average diesel price is USD 1.11 per liter.
Panama |
Diesel prices |
|---|---|
| Current price | 0.81 |
| Measure | USD/Liter |
| Last update | 2024-11-25 |
| Data availability from | 2014-12-22 |
| Data frequency | Weekly |
Source: Secretaría Nacional de Energía
We show diesel price data for Panama
from 2014-12-22 to 2024-11-25.
The average diesel price during that period is PAB 0.76
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.
Diesel prices |
Price (PAB/Liter) | Percent change |
|---|---|---|
| Current price | 0.81 | - |
| One month ago | 0.83 | -2.4 % |
| Three months ago | 0.84 | -3.6 % |
| One year ago | 0.93 | -12.9 % |
Panama Diesel prices: The last eight weeks
Panama Diesel prices, liter, Panamanian Balboa
* A long flat line means that the government fixes the prices.
Panama: Diesel price analytics |
Value |
|---|---|
| Percent of world average diesel price | 67.39% |
| Correlation with crude oil prices | 0.93 |
| Percent change if oil prices increase 10% | 8.72% |
| Correlation with USD exchange rate | -0.30 |
| Price flexibility index: 0 (low) - 1 (high) | 0.47 |
| Correlation with gasoline prices | 0.95 |
| Percent of gasoline price | 88.44% |
| Cost of 40 liter tank, percent of income | 2.56% |
| Diesel consumption, percent of income | 1.12% |
Updated monthly. Methodological notes
