Income inequality: Gini coefficient before and after tax (Luxembourg) in Panama
Panama: Income inequality: Gini coefficient before and after tax (Luxembourg) was 0.45 in 2019. ▼ Falling
Income inequality: Gini coefficient before and after tax in Panama, 1996–2019
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.
Income inequality: Gini coefficient before and after tax (Luxembourg) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.5265 | — |
| 1997 | 0.5328 | +1.2% |
| 1998 | 0.517 | -3.0% |
| 1999 | 0.5102 | -1.3% |
| 2000 | 0.5247 | +2.8% |
| 2001 | 0.5189 | -1.1% |
| 2002 | 0.5203 | +0.3% |
| 2003 | 0.5222 | +0.4% |
| 2004 | 0.5097 | -2.4% |
| 2005 | 0.4994 | -2.0% |
| 2006 | 0.5076 | +1.6% |
| 2007 | 0.4855 | -4.4% |
| 2008 | 0.4806 | -1.0% |
| 2009 | 0.4743 | -1.3% |
| 2010 | 0.4758 | +0.3% |
| 2011 | 0.4818 | +1.3% |
| 2012 | 0.4737 | -1.7% |
| 2013 | 0.4658 | -1.7% |
| 2014 | 0.453 | -2.7% |
| 2015 | 0.4626 | +2.1% |
| 2016 | 0.4576 | -1.1% |
| 2017 | 0.4518 | -1.3% |
| 2018 | 0.4466 | -1.2% |
| 2019 | 0.45 | +0.7% |
Panama compared with similar countries
- Panama's 0.45 is above the median for high income countries, which is 0.2989, 1.5× the median. (36 countries reporting)
- Panama's 0.45 is above the median for Latin America & Caribbean, which is 0.4495, 1.0× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Panama
- Number of income/consumption surveys in the past decade available via the World Bank 7 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 2.12 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,226 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate -5.59 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 12.5 (2023)
- Tax revenue as share of GDP vs. income inequality 12.5% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
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
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.