Panama Diesel prices, 09-Sep-2024
The current price of diesel fuel in Panama is PAB 0.82 per liter or USD 0.82 per liter based on the latest update from 09-Sep-2024.
For comparison, the world average diesel price is USD 1.15 per liter.
Panama |
Diesel prices |
|---|---|
| Current price | 0.82 |
| Measure | USD/Liter |
| Last update | 2024-09-09 |
| 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 2024-09-09.
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 | 0.82 | - |
| One month ago | 0.85 | -3.5 % |
| Three months ago | 0.85 | -3.5 % |
| One year ago | 1.06 | -22.6 % |
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 | 69.23% |
| Correlation with crude oil prices | 0.93 |
| Percent change if oil prices increase 10% | 8.83% |
| 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 | 86.29% |
| Cost of 40 liter tank, percent of income | 2.77% |
| Diesel consumption, percent of income | 1.21% |
Updated monthly. Methodological notes
