China vs Panama: Prosperity gap
China
2.4 average shortfall from a prosperity standard of $28/day
in 2022
Panama
2.4 average shortfall from a prosperity standard of $28/day
in 2024
China rank
66th
Panama rank
66th
Prosperity gap over time
- China
- Panama
How they compare
China currently reports 2.4 average shortfall from a prosperity standard of $28/day against 2.4 average shortfall from a prosperity standard of $28/day in Panama, a difference of 0 average shortfall from a prosperity standard of $28/day.
The two have swapped places 1 time across 15 shared years of data; in 1999 it was China ahead.
China ranks 66th and Panama ranks 66th of 123 countries.
Across the 4 decades both report, China averaged higher in 3 and Panama in 1.
Head to head by decade
| Decade | China | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.8 average shortfall from a prosperity standard of $28/day | 10.5 average shortfall from a prosperity standard of $28/day | 2.3 average shortfall from a prosperity standard of $28/day | China |
| 2000s | 8.9 average shortfall from a prosperity standard of $28/day | 5.4 average shortfall from a prosperity standard of $28/day | 3.5 average shortfall from a prosperity standard of $28/day | China |
| 2010s | 4.11 average shortfall from a prosperity standard of $28/day | 2.98 average shortfall from a prosperity standard of $28/day | 1.13 average shortfall from a prosperity standard of $28/day | China |
| 2020s | 2.4 average shortfall from a prosperity standard of $28/day | 2.7 average shortfall from a prosperity standard of $28/day | 0.3 average shortfall from a prosperity standard of $28/day | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, China or Panama?
- China, at 2.4 average shortfall from a prosperity standard of $28/day against 2.4 average shortfall from a prosperity standard of $28/day in Panama as of 2022.
- What is the difference in prosperity gap between China and Panama?
- 0 average shortfall from a prosperity standard of $28/day, with China ahead.
- How many years of comparable data are there for China and Panama?
- 15 years are reported by both, from 1999 to 2021.
- How do China and Panama rank globally for prosperity gap?
- China ranks 66th and Panama ranks 66th 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.