Gini coefficient in Panama
Panama: Gini coefficient was 0.4973 in 2024. ▼ Falling
Gini coefficient in Panama, 1979–2024
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.
Gini coefficient in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 0.4874 | — |
| 1989 | 0.5855 | +20.1% |
| 1991 | 0.5798 | -1.0% |
| 1995 | 0.5763 | -0.6% |
| 1997 | 0.5812 | +0.8% |
| 1998 | 0.5733 | -1.4% |
| 1999 | 0.5633 | -1.8% |
| 2000 | 0.5658 | +0.4% |
| 2001 | 0.567 | +0.2% |
| 2002 | 0.5609 | -1.1% |
| 2003 | 0.5565 | -0.8% |
| 2004 | 0.5477 | -1.6% |
| 2005 | 0.538 | -1.8% |
| 2006 | 0.5463 | +1.6% |
| 2007 | 0.5268 | -3.6% |
| 2008 | 0.5269 | +0.0% |
| 2009 | 0.5177 | -1.8% |
| 2010 | 0.5161 | -0.3% |
| 2011 | 0.5135 | -0.5% |
| 2012 | 0.5174 | +0.8% |
| 2013 | 0.5146 | -0.5% |
| 2014 | 0.5047 | -1.9% |
| 2015 | 0.5081 | +0.7% |
| 2016 | 0.5041 | -0.8% |
| 2017 | 0.4988 | -1.0% |
| 2018 | 0.4921 | -1.3% |
| 2019 | 0.4984 | +1.3% |
| 2021 | 0.5086 | +2.0% |
| 2023 | 0.4888 | -3.9% |
| 2024 | 0.4973 | +1.8% |
Panama compared with similar countries
- Panama's 0.4973 is above the median for high income countries, which is 0.3209, 1.5× the median. (42 countries reporting)
- Panama's 0.4973 is above the median for Latin America & Caribbean, which is 0.4447, 1.1× the median. (18 countries reporting)
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)
- 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 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
The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.