Fuel Prices Panama

Part of: GIZ International Fuel Price database
Also see: Panama Energy Situation

Fuel Pricing Policies

Local Currency:	USD
Exchange Rate:	(2010/11/17)
Last Update:

"Pricing policy: Government sets maximum selling prices for gasoline and diesel every 14 days. The price of LPG sold in 25-pound (11.4-kg) cylinders has been subsidized and frozen since 1992.

Information: Authority for Consumer Protection and Competition, proclaiming “an informed consumer has power,” collects and posts on its Web site gasoline and diesel prices at filling stations every four weeks, highlighting those offering lowest prices."

(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

Fuel Prices and Trends

	Gasoline 95 Octane	Diesel
in USD*

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

NOTE: in TIMELINE 2010: value per gallon → litre conversion: 3.22/3.79

Fuel Price Composition

Price composition for one litre of Gasoline 95 Octane as of 2010/11/01.

No further information available.

Tax info: http://www.panamalaw.org/panama_taxes.html

At a Glance

Regulation-Price-Matrix	Transparency of Price Composition Transparency of Pricing Mechanism / Monitoring

Sources to the Public

Type of Information	Web-Link / Source
Pump prices and margins	http://www.energia.gob.pa/admin/gal/14/files//Comportamiento_Diario_del_Mercado_de_Combustibles_-_30_de_marzo_de_2012.pdf

Contact

Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de