Gini index in Panama
Panama: Gini index was 49.7 in 2024. ▼ Falling
Gini index 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
In 2024, gini index in Panama stood at 49.7.
That represents a change of up 1.6% on the previous year and down 1.6% over ten years.
Over the whole period, gini index in Panama peaked at 58.5 in 1989 and was at its lowest, 48.7, in 1979.
That places Panama 6th out of 121 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 | 48.7 | 48.7 | 48.7 | 1 |
| 1980s | 58.5 | 58.5 | 58.5 | 1 |
| 1990s | 57.46 | 56.3 | 58.1 | 5 |
| 2000s | 54.54 | 51.8 | 56.7 | 10 |
| 2010s | 50.67 | 49.2 | 51.7 | 10 |
| 2020s | 49.83 | 48.9 | 50.9 | 3 |
Countries ranked near Panama
More poverty & inequality data for Panama
- Poverty headcount ratio at $8.30 a day (2021 PPP) 19.8% (2024)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 6.8% (2024)
- Poverty gap at $3.00 a day (2021 PPP) 0.8% (2024)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 3.1% (2024)
- Prosperity gap 2.4 average shortfall from a prosperity standard of $28/day (2024)
- Poverty gap at $8.30 a day (2021 PPP) 7.5% (2024)
- Poverty headcount ratio at societal poverty line 27.0% (2024)
- Poverty gap at $4.20 a day (2021 PPP) 2.0% (2024)
- Population living in slums 16.3% (2022)
- Income share held by second 20% 8.0% (2024)
Frequently asked questions
- What is gini index in Panama?
- Gini index in Panama was 49.7 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 gini index recorded in Panama?
- The highest recorded value was 58.5 in 1989.
- What is the lowest gini index recorded in Panama?
- The lowest recorded value was 48.7 in 1979.
- How does Panama rank for gini index?
- Panama ranks 6th out of 121 countries with data for 2024.
- Is gini index rising or falling in Panama?
- Over the last ten years it is down 1.6%. 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. 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 Gini index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.