Ecuador vs Panama: Gini index
Gini index over time
- Ecuador
- Panama
How they compare
Panama currently reports 49.7 against 45.9 in Ecuador, a difference of 3.8.
That makes Panama's figure about 1.1 times Ecuador's.
The two have swapped places 4 times across 24 shared years of data; in 1995 it was Panama ahead.
Ecuador ranks 9th and Panama ranks 6th of 123 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 53 | 57.07 | 4.07 | Panama |
| 2000s | 52.6 | 54.08 | 1.48 | Panama |
| 2010s | 45.95 | 50.67 | 4.72 | Panama |
| 2020s | 45.2 | 49.83 | 4.63 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gini index, Ecuador or Panama?
- Panama, at 49.7 against 45.9 in Ecuador as of 2024.
- What is the difference in gini index between Ecuador and Panama?
- 3.8, with Panama ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 24 years are reported by both, from 1995 to 2024.
- How do Ecuador and Panama rank globally for gini index?
- Ecuador ranks 9th and Panama ranks 6th of 123 countries.
- Where does this data come from?
- World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as Gini index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.