Income inequality: Gini coefficient before and after tax in Panama

Panama: Income inequality: Gini coefficient before and after tax was 0.45 in 2019. ▼ Falling

Latest (2019)
0.45
Change on year
up 0.7%
World rank
5th
of 48 countries
All-time high
0.5328
in 1997
All-time low
0.4466
in 2018
Years of data
24
1996–2019

Income inequality: Gini coefficient before and after tax in Panama, 1996–2019

00.20.40.61996200720191996: 0.5261997: 0.5331998: 0.5171999: 0.512000: 0.5252001: 0.5192002: 0.522003: 0.5222004: 0.512005: 0.4992006: 0.5082007: 0.4852008: 0.4812009: 0.4742010: 0.4762011: 0.4822012: 0.4742013: 0.4662014: 0.4532015: 0.4632016: 0.4582017: 0.4522018: 0.4472019: 0.45

Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data.

Analysis

Panama recorded 0.45 for income inequality: gini coefficient before and after tax in 2019.

That represents a change of up 0.7% on the previous year and down 5.1% over ten years.

Over the whole period, income inequality: gini coefficient before and after tax in Panama peaked at 0.5328 in 1997 and was at its lowest, 0.4466, in 2018.

Panama ranks 5th of 48 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5216 0.5102 0.5328 4
2000s 0.5043 0.4743 0.5247 10
2010s 0.4619 0.4466 0.4818 10

Countries ranked near Panama

  1. 2 Colombia 0.5084 compare
  2. 3 Chile 0.4587 compare
  3. 4 Brazil 0.4527 compare
  4. 6 Paraguay 0.449 compare
  5. 7 Peru 0.4357 compare
  6. 8 United States 0.3943 compare

See the full ranking of 48 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is income inequality: gini coefficient before and after tax in Panama?
Income inequality: gini coefficient before and after tax in Panama was 0.45 in 2019, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
What is the highest income inequality: gini coefficient before and after tax recorded in Panama?
The highest recorded value was 0.5328 in 1997.
What is the lowest income inequality: gini coefficient before and after tax recorded in Panama?
The lowest recorded value was 0.4466 in 2018.
How does Panama rank for income inequality: gini coefficient before and after tax?
Panama ranks 5th out of 48 countries with data for 2019.
Is income inequality: gini coefficient before and after tax rising or falling in Panama?
Over the last ten years it is down 5.1%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Income inequality: Gini coefficient before and after tax. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Income inequality: Gini coefficient before and after tax
Source
Luxembourg Income Study (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 1,046 data points, 1963–2024
Last refreshed

The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality. Inequality is measured here in terms of income after taxes and benefits.