Getting electricity: Price of electricity (US cents per kWh) in Panama

Panama: Getting electricity: Price of electricity (US cents per kWh) was 25.4 DB16-20 methodology in 2019. ▼ Falling

Latest (2019)
25.4 DB16-20 methodology
Change on year
up 35.1%
World rank
32nd
of 187 countries
All-time high
25.4 DB16-20 methodology
in 2019
All-time low
18.8 DB16-20 methodology
in 2018
Years of data
6
2014–2019

Getting electricity: Price of electricity (US cents per kWh) in Panama, 2014–2019

01020302014201620192014: 24.7 DB16-20 methodology2015: 24.2 DB16-20 methodology2016: 24.9 DB16-20 methodology2017: 21.2 DB16-20 methodology2018: 18.8 DB16-20 methodology2019: 25.4 DB16-20 methodology

Source: World Bank. Measured in DB16-20 methodology.

Analysis

The most recent figure for getting electricity: price of electricity (us cents per kwh) in Panama is 25.4 DB16-20 methodology, measured in 2019. That is the highest value across all 6 years on record.

The figure is up 35.1% on the previous year and up 2.8% over ten years.

Panama ranks 32nd of 187 countries on this measure, in the top quarter.

Getting electricity: Price of electricity (US cents per kWh) in Panama, year by year

Annual values for Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology) in Panama, 2014 to 2019.
Year DB16-20 methodology Change
2014 24.7 DB16-20 methodology
2015 24.2 DB16-20 methodology -2.0%
2016 24.9 DB16-20 methodology +2.9%
2017 21.2 DB16-20 methodology -14.9%
2018 18.8 DB16-20 methodology -11.3%
2019 25.4 DB16-20 methodology +35.1%

Countries ranked near Panama

  1. 29 Djibouti 26.2 DB16-20 methodology compare
  2. 30 Spain 26 DB16-20 methodology compare
  3. 31 Germany 25.6 DB16-20 methodology compare
  4. 33 Jordan 24.6 DB16-20 methodology compare
  5. 34 Puerto Rico 24.3 DB16-20 methodology compare
  6. 35 Denmark 24.2 DB16-20 methodology compare

See the full ranking of 187 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is getting electricity: price of electricity (us cents per kwh) in Panama?
Getting electricity: price of electricity (us cents per kwh) in Panama was 25.4 DB16-20 methodology in 2019, according to the World Bank.
What is the highest getting electricity: price of electricity (us cents per kwh) recorded in Panama?
The highest recorded value was 25.4 DB16-20 methodology in 2019.
What is the lowest getting electricity: price of electricity (us cents per kwh) recorded in Panama?
The lowest recorded value was 18.8 DB16-20 methodology in 2018.
How does Panama rank for getting electricity: price of electricity (us cents per kwh)?
Panama ranks 32nd out of 187 countries with data for 2019.
Is getting electricity: price of electricity (us cents per kwh) rising or falling in Panama?
Over the last ten years it is up 2.8%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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Getting electricity: Price of electricity (US cents per kWh) in Panama. Statizoid. Retrieved 04 September 2026, from https://private-sector.statizoid.com/stat/getting-electricity-price-of-electricity-us-cents-per-kwh-db16-20-methodology/panama/

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About this data

Indicator
Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology)
Unit
DB16-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 1,122 data points, 2014–2019
Last refreshed

The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies.