Prosperity gap in Panama
Panama: Prosperity gap was 2.4 average shortfall from a prosperity standard of $28/day in 2024. β Volatile
Prosperity gap in Panama, 1979β2024
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. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
Panama recorded 2.4 average shortfall from a prosperity standard of $28/day for prosperity gap in 2024. That is the lowest value across all 30 years on record.
That represents a change of down 7.7% on the previous year and down 25.0% over ten years.
Over the whole period, prosperity gap in Panama peaked at 17.7 average shortfall from a prosperity standard of $28/day in 1989 and was at its lowest, 2.4 average shortfall from a prosperity standard of $28/day, in 2019.
Panama ranks 65th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1 average shortfall from a prosperity standard of $28/day | 5.1 average shortfall from a prosperity standard of $28/day | 5.1 average shortfall from a prosperity standard of $28/day | 1 |
| 1980s | 17.7 average shortfall from a prosperity standard of $28/day | 17.7 average shortfall from a prosperity standard of $28/day | 17.7 average shortfall from a prosperity standard of $28/day | 1 |
| 1990s | 12.2 average shortfall from a prosperity standard of $28/day | 10.5 average shortfall from a prosperity standard of $28/day | 15.2 average shortfall from a prosperity standard of $28/day | 5 |
| 2000s | 6.11 average shortfall from a prosperity standard of $28/day | 3.5 average shortfall from a prosperity standard of $28/day | 9.3 average shortfall from a prosperity standard of $28/day | 10 |
| 2010s | 2.98 average shortfall from a prosperity standard of $28/day | 2.4 average shortfall from a prosperity standard of $28/day | 3.6 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 2.57 average shortfall from a prosperity standard of $28/day | 2.4 average shortfall from a prosperity standard of $28/day | 2.7 average shortfall from a prosperity standard of $28/day | 3 |
Countries ranked near Panama
- 65 Belize 2.4 average shortfall from a prosperity standard of $28/day compare
- 65 Bolivia 2.4 average shortfall from a prosperity standard of $28/day compare
- 65 China, People's Republic of 2.4 average shortfall from a prosperity standard of $28/day compare
- 65 Kazakhstan, Republic of 2.4 average shortfall from a prosperity standard of $28/day compare
- 65 Uzbekistan, Republic of 2.4 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Panama
- Data deprivation poverty surveys per decade 7 (2025)
- Fertility rate vs the share living in extreme poverty 2.12 (2023)
- Cereal yield vs extreme poverty 4,226 (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate -5.59 % change on previous year (2024)
- Tax revenues vs income inequality 12.5 (2023)
- Gender inequality index from the human development report 0.374 (2023)
- Share of government consumption in gdp vs share in extreme poverty 14.33 (2023)
- Gini coefficient of lifespan inequality in females 0.1014 (2023)
- Gini coefficient of lifespan inequality by sex 0.1014 (2023)
Frequently asked questions
- What is prosperity gap in Panama?
- Prosperity gap in Panama was 2.4 average shortfall from a prosperity standard of $28/day 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 prosperity gap recorded in Panama?
- The highest recorded value was 17.7 average shortfall from a prosperity standard of $28/day in 1989.
- What is the lowest prosperity gap recorded in Panama?
- The lowest recorded value was 2.4 average shortfall from a prosperity standard of $28/day in 2019.
- How does Panama rank for prosperity gap?
- Panama ranks 65th out of 122 countries with data for 2024.
- Is prosperity gap rising or falling in Panama?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is volatile.
- 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.