Panama vs Uruguay: Median and mean income (after tax)
Panama
16,343 international-$ in 2021 prices
in 2019
Uruguay
18,114 international-$ in 2021 prices
in 2024
Panama rank
34th
Uruguay rank
33rd
Median and mean income (after tax) over time
- Panama
- Uruguay
How they compare
Uruguay currently reports 18,114 international-$ in 2021 prices against 16,343 international-$ in 2021 prices in Panama, a difference of 1,771 international-$ in 2021 prices.
That makes Uruguay's figure about 1.1 times Panama's.
Across all 16 years both countries report, Uruguay has been ahead every year.
Panama ranks 34th and Uruguay ranks 33rd of 47 countries.
Uruguay has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11,061 international-$ in 2021 prices | 12,953 international-$ in 2021 prices | 1,892 international-$ in 2021 prices | Uruguay |
| 2010s | 13,985 international-$ in 2021 prices | 17,362 international-$ in 2021 prices | 3,377 international-$ in 2021 prices | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median and mean income (after tax), Panama or Uruguay?
- Uruguay, at 18,114 international-$ in 2021 prices against 16,343 international-$ in 2021 prices in Panama as of 2024.
- What is the difference in median and mean income (after tax) between Panama and Uruguay?
- 1,771 international-$ in 2021 prices, with Uruguay ahead.
- How many years of comparable data are there for Panama and Uruguay?
- 16 years are reported by both, from 2004 to 2019.
- How do Panama and Uruguay rank globally for median and mean income (after tax)?
- Panama ranks 34th and Uruguay ranks 33rd of 47 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) β with minor processing by Our World in Data, published as Median and mean income (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Average income per year of the population.