Etymology
The village's name ''Panik'' is an antiquated word in Armenian referring to something artful or eloquent.History
Panik's name was changed in 1960 to Özdemir. However, the name was reverted to Panik in 2014. Panik was an Armenian inhabited settlement prior to the Armenian-Turkish war in 1920, with a population of 960 in 1886.References
{{DEFAULTSORT:Panik, Igdir Kurdish settlements in Turkey Villages in Iğdır District Former Armenian communities in Iğdır Province