Income inequality vs. GDP per capita in Panama
Panama: Income inequality vs. GDP per capita was 0.4973 in 2024. ▼ Falling
Income inequality vs. GDP per capita in Panama, 1979–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
Analysis
Panama recorded 0.4973 for income inequality vs. gdp per capita in 2024.
That represents a change of up 1.8% on the previous year and down 1.4% over ten years.
Over the whole period, income inequality vs. gdp per capita in Panama peaked at 0.5855 in 1989 and was at its lowest, 0.4874, in 1979.
That places Panama 6th out of 120 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4874 | 0.4874 | 0.4874 | 1 |
| 1980s | 0.5855 | 0.5855 | 0.5855 | 1 |
| 1990s | 0.5748 | 0.5633 | 0.5812 | 5 |
| 2000s | 0.5454 | 0.5177 | 0.567 | 10 |
| 2010s | 0.5068 | 0.4921 | 0.5174 | 10 |
| 2020s | 0.4982 | 0.4888 | 0.5086 | 3 |
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)
- 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)
- Tax revenue as share of GDP vs. income inequality 12.5% (2023)
- Gender Inequality Index 0.374 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 14.3% (2023)
- Lifespan inequality: Gini coefficient in women 0.1014 (2023)
- Lifespan inequality: Gini coefficient by sex 0.1014 (2023)
- Lifespan inequality: Gini coefficient in men 0.1243 (2023)
- Income inequality: Atkinson index 0.3887 (2023)
Frequently asked questions
- What is income inequality vs. gdp per capita in Panama?
- Income inequality vs. gdp per capita in Panama was 0.4973 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest income inequality vs. gdp per capita recorded in Panama?
- The highest recorded value was 0.5855 in 1989.
- What is the lowest income inequality vs. gdp per capita recorded in Panama?
- The lowest recorded value was 0.4874 in 1979.
- How does Panama rank for income inequality vs. gdp per capita?
- Panama ranks 6th out of 120 countries with data for 2024.
- Is income inequality vs. gdp per capita rising or falling in Panama?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Income inequality vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 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.