Mexico vs Panama: Income share of the richest 10% before and after tax

Mexico
29.5%
in 2024
Panama
33.5%
in 2019
Mexico rank
8th
Panama rank
6th

Income share of the richest 10% before and after tax over time

  • Mexico
  • Panama
010203040198420042024

How they compare

Panama currently reports 33.5% against 29.5% in Mexico, a difference of 4.0%.

That makes Panama's figure about 1.1 times Mexico's.

The two have swapped places 4 times across 13 shared years of data; in 1996 it was Mexico ahead.

Mexico ranks 8th and Panama ranks 6th of 48 countries.

Across the 3 decades both report, Mexico averaged higher in 2 and Panama in 1.

Head to head by decade

Decade Mexico Panama Difference Ahead
1990s 38.5% 37.8% 0.7% Mexico
2000s 36.7% 37.5% 0.8% Panama
2010s 34.8% 34.0% 0.8% Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher income share of the richest 10% before and after tax, Mexico or Panama?
Panama, at 33.5% against 29.5% in Mexico as of 2019.
What is the difference in income share of the richest 10% before and after tax between Mexico and Panama?
4.0%, with Panama ahead.
How many years of comparable data are there for Mexico and Panama?
13 years are reported by both, from 1996 to 2018.
How do Mexico and Panama rank globally for income share of the richest 10% before and after tax?
Mexico ranks 8th and Panama ranks 6th of 48 countries.
Where does this data come from?
Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Income share of the richest 10% before and after tax. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mexico vs Panama: Income share of the richest 10% before and after tax. Statizoid, drawing on Luxembourg Income Study (2026) – with minor processing by Our World in Data. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/income-share-top-10-after-vs-before-tax-lis-scatter/mexico/panama/

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About this data

Indicator
Income share of the richest 10% before and after tax
Unit
%
Source
Luxembourg Income Study (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 1,046 data points, 1963–2024
Last refreshed

Share of income received by the richest decile (tenth of the population).