Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of in Panama

Panama: Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of was 5.75 in 2024. ▲ Rising

Latest (2024)
5.75
Change on year
up 2.1%
World rank
152nd
of 178 countries
All-time high
5.75
in 2024
All-time low
2.67
in 2008
Years of data
9
2008–2024

Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of in Panama, 2008–2024

02462008201620242008: 2.72010: 4.22012: 4.32014: 4.62016: 4.52018: 4.72020: 4.32022: 5.62024: 5.8

Source: World Health Organization, Global Health Observatory.

Analysis

In 2024, tobacco raise taxes: inflation-adjusted prices for most sold brand of in Panama stood at 5.75. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 2.1% on the previous year and up 25.8% over ten years.

Over the whole period, tobacco raise taxes: inflation-adjusted prices for most sold brand of in Panama peaked at 5.75 in 2024 and was at its lowest, 2.67, in 2008.

That places Panama 152nd out of 178 countries with data for 2024, putting it in the bottom quarter.

Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of in Panama, year by year

Annual values for Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of cigarettes in Panama, 2008 to 2024.
Year Value Change
2008 2.67
2010 4.18 +56.6%
2012 4.28 +2.4%
2014 4.57 +6.8%
2016 4.53 -0.9%
2018 4.72 +4.2%
2020 4.28 -9.3%
2022 5.63 +31.5%
2024 5.75 +2.1%

Panama compared with similar countries

  • Panama's 5.75 is below the median for high income countries, which is 12.5, 46% of the median. (61 countries reporting)
  • Panama's 5.75 is below the median for Latin America & Caribbean, which is 17.98, 32% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.67 2.67 2.67 1
2010s 4.46 4.18 4.72 5
2020s 5.22 4.28 5.75 3

Countries ranked near Panama

  1. 149 Italy 6.2 compare
  2. 149 Ecuador 6.2 compare
  3. 151 San Marino 5.8 compare
  4. 153 Malta 5.7 compare
  5. 154 Spain 5.6 compare
  6. 155 Bulgaria 5.5 compare

See the full ranking of 180 places →

More social development data for Panama

All data for Panama →

Frequently asked questions

What is tobacco raise taxes: inflation-adjusted prices for most sold brand of in Panama?
Tobacco raise taxes: inflation-adjusted prices for most sold brand of in Panama was 5.75 in 2024, according to World Health Organization, Global Health Observatory.
What is the highest tobacco raise taxes: inflation-adjusted prices for most sold brand of recorded in Panama?
The highest recorded value was 5.75 in 2024.
What is the lowest tobacco raise taxes: inflation-adjusted prices for most sold brand of recorded in Panama?
The lowest recorded value was 2.67 in 2008.
How does Panama rank for tobacco raise taxes: inflation-adjusted prices for most sold brand of?
Panama ranks 152nd out of 178 countries with data for 2024.
Is tobacco raise taxes: inflation-adjusted prices for most sold brand of rising or falling in Panama?
Over the last ten years it is up 25.8%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Health Organization, Global Health Observatory, published as part of Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of cigarettes. Statizoid updates them automatically from the source API.

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Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of in Panama. Statizoid, drawing on World Health Organization, Global Health Observatory. Retrieved 16 September 2026, from https://social-development.statizoid.com/stat/tobacco-raise-taxes-inflation-adjusted-prices-for-most-sold-brand-of-cigarettes/panama/

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About this data

Indicator
Tobacco Raise taxes: Inflation-adjusted prices for most sold brand of cigarettes
Source
World Health Organization, Global Health Observatory
Licence
CC BY-NC-SA 3.0 IGO (WHO)
Coverage
180 places, 1,572 data points, 2008–2024
Last refreshed