Income share held by fourth 20% in Panama
Panama: Income share held by fourth 20% was 21.1% in 2024. ▬ Flat
Income share held by fourth 20% in Panama, 1979–2024
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
The most recent figure for income share held by fourth 20% in Panama is 21.1%, measured in 2024.
Compared with earlier readings it is down 0.5% on the previous year and up 1.9% over ten years.
Over the whole period, income share held by fourth 20% in Panama peaked at 21.7% in 1979 and was at its lowest, 19.7%, in 1997.
That places Panama 102nd out of 123 countries with data for 2024, putting it in the bottom quarter.
Income share held by fourth 20% in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 21.7% | — |
| 1989 | 20.9% | -3.7% |
| 1991 | 20.8% | -0.5% |
| 1995 | 20.3% | -2.4% |
| 1997 | 19.7% | -3.0% |
| 1998 | 19.8% | +0.5% |
| 1999 | 20.1% | +1.5% |
| 2000 | 19.8% | -1.5% |
| 2001 | 20.3% | +2.5% |
| 2002 | 19.9% | -2.0% |
| 2003 | 20.0% | +0.5% |
| 2004 | 20.3% | +1.5% |
| 2005 | 20.7% | +2.0% |
| 2006 | 20.4% | -1.4% |
| 2007 | 20.7% | +1.5% |
| 2008 | 20.0% | -3.4% |
| 2009 | 20.1% | +0.5% |
| 2010 | 20.2% | +0.5% |
| 2011 | 20.3% | +0.5% |
| 2012 | 20.3% | +0.0% |
| 2013 | 20.3% | +0.0% |
| 2014 | 20.7% | +2.0% |
| 2015 | 20.5% | -1.0% |
| 2016 | 21.0% | +2.4% |
| 2017 | 20.9% | -0.5% |
| 2018 | 21.2% | +1.4% |
| 2019 | 20.7% | -2.4% |
| 2021 | 20.2% | -2.4% |
| 2023 | 21.2% | +5.0% |
| 2024 | 21.1% | -0.5% |
Panama compared with similar countries
- Panama's 21.1% is below the median for high income countries, which is 22.5%, 94% of the median. (42 countries reporting)
- Panama's 21.1% is below the median for Latin America & Caribbean, which is 21.8%, 97% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.7% | 21.7% | 21.7% | 1 |
| 1980s | 20.9% | 20.9% | 20.9% | 1 |
| 1990s | 20.1% | 19.7% | 20.8% | 5 |
| 2000s | 20.2% | 19.8% | 20.7% | 10 |
| 2010s | 20.6% | 20.2% | 21.2% | 10 |
| 2020s | 20.8% | 20.2% | 21.2% | 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 income share held by fourth 20% in Panama?
- Income share held by fourth 20% in Panama was 21.1% in 2024, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by fourth 20% recorded in Panama?
- The highest recorded value was 21.7% in 1979.
- What is the lowest income share held by fourth 20% recorded in Panama?
- The lowest recorded value was 19.7% in 1997.
- How does Panama rank for income share held by fourth 20%?
- Panama ranks 102nd out of 123 countries with data for 2024.
- Is income share held by fourth 20% rising or falling in Panama?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by fourth 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.