Panama - Price of Electricity
Since 2015, Panama Price of Electricity rose 0.6% year on year. In 2020, the country was ranked number 32 comparing other countries in Price of Electricity with 25.4 US Cents per Kilowatthour. Panama is overtaken by Germany, which was ranked number 31 at 25.6 US Cents per Kilowatthour and is followed by Jordan at 24.6 US Cents per Kilowatthour. Venezuela ranked the highest with 123.8 US Cents per Kilowatthour in 2020, that is a fall of 81.1% compared to 2019. Solomon Islands, Antigua and Barbuda and Federated States of Micronesia respectively ranked number 2, 3 and 4 in this ranking. Slovenia witnessed the best average annual growth at +14.9% per year, while Venezuela recorded the worst performance at -33.5% per year.
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| Date | US Cents per Kilowatthour |
|---|---|
| 2020 | 25.40 |
| 2019 | 18.80 |
| 2018 | 21.20 |
| 2017 | 24.90 |
| 2016 | 24.20 |
How does Panama rank in Price of Electricity?
| # | 183 Countries | US Cents per Kilowatthour | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Venezuela
|
123.80 | 2020 | -81.1 % | -33.5 % | View data | |
| 2 |
#2
Solomon Islands
|
71.60 | 2020 | +6.2 % | -6.2 % | View data | |
| 31 |
#31
Germany
|
25.60 | 2020 | -20.5 % | -2.6 % | View data | |
| 32 |
#32
Panama
|
25.40 | 2020 | +35.1 % | +0.6 % | View data | |
| 33 |
#33
Jordan
|
24.60 | 2020 | +2.9 % | +1.5 % | View data | |