Gini coefficient in Panama

Panama: Gini coefficient was 0.4973 in 2024. ▼ Falling

Latest (2024)
0.4973
Change on year
up 1.8%
World rank
6th
of 120 countries
All-time high
0.5855
in 1989
All-time low
0.4874
in 1979
Years of data
30
1979–2024

Gini coefficient in Panama, 1979–2024

00.20.40.61979200120241979: 0.4871989: 0.5851991: 0.581995: 0.5761997: 0.5811998: 0.5731999: 0.5632000: 0.5662001: 0.5672002: 0.5612003: 0.5562004: 0.5482005: 0.5382006: 0.5462007: 0.5272008: 0.5272009: 0.5182010: 0.5162011: 0.5132012: 0.5172013: 0.5152014: 0.5052015: 0.5082016: 0.5042017: 0.4992018: 0.4922019: 0.4982021: 0.5092023: 0.4892024: 0.497

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2024, gini coefficient in Panama stood at 0.4973.

Compared with earlier readings it is up 1.8% on the previous year and down 1.4% over ten years.

Over the whole period, gini coefficient 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

DecadeAverage LowestHighest 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

  1. 3 South Africa 0.5405 compare
  2. 4 Zambia 0.5148 compare
  3. 5 Brazil 0.5026 compare
  4. 7 Mozambique 0.4956 compare
  5. 8 Nicaragua 0.4616 compare
  6. 9 Ecuador 0.4592 compare

See the full ranking of 120 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is gini coefficient in Panama?
Gini coefficient 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 gini coefficient recorded in Panama?
The highest recorded value was 0.5855 in 1989.
What is the lowest gini coefficient recorded in Panama?
The lowest recorded value was 0.4874 in 1979.
How does Panama rank for gini coefficient?
Panama ranks 6th out of 120 countries with data for 2024.
Is gini coefficient 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 Gini coefficient. 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

Indicator
Gini coefficient
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.