Dominican Republic vs Panama: Median income or consumption per day vs. GDP per capita

Dominican Republic
17.48 international-$ in 2021 prices
in 2024
Panama
18.58 international-$ in 2021 prices
in 2024
Dominican Republic rank
47th
Panama rank
44th

Median income or consumption per day vs. GDP per capita over time

  • Dominican Republic
  • Panama
5101520197920012024

How they compare

Panama currently reports 18.58 international-$ in 2021 prices against 17.48 international-$ in 2021 prices in Dominican Republic, a difference of 1.1 international-$ in 2021 prices.

That makes Panama's figure about 1.1 times Dominican Republic's.

The two have swapped places 4 times across 25 shared years of data; in 1989 it was Panama ahead.

Dominican Republic ranks 47th and Panama ranks 44th of 118 countries.

Across the 5 decades both report, Dominican Republic averaged higher in 1 and Panama in 4.

Head to head by decade

Decade Dominican Republic Panama Difference Ahead
1980s 6.09 international-$ in 2021 prices 6.16 international-$ in 2021 prices 0.0656 international-$ in 2021 prices Panama
1990s 10.71 international-$ in 2021 prices 8.4 international-$ in 2021 prices 2.31 international-$ in 2021 prices Dominican Republic
2000s 9.45 international-$ in 2021 prices 9.88 international-$ in 2021 prices 0.4361 international-$ in 2021 prices Panama
2010s 11.97 international-$ in 2021 prices 16.62 international-$ in 2021 prices 4.65 international-$ in 2021 prices Panama
2020s 15.45 international-$ in 2021 prices 17.96 international-$ in 2021 prices 2.51 international-$ in 2021 prices Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher median income or consumption per day vs. gdp per capita, Dominican Republic or Panama?
Panama, at 18.58 international-$ in 2021 prices against 17.48 international-$ in 2021 prices in Dominican Republic as of 2024.
What is the difference in median income or consumption per day vs. gdp per capita between Dominican Republic and Panama?
1.1 international-$ in 2021 prices, with Panama ahead.
How many years of comparable data are there for Dominican Republic and Panama?
25 years are reported by both, from 1989 to 2024.
How do Dominican Republic and Panama rank globally for median income or consumption per day vs. gdp per capita?
Dominican Republic ranks 47th and Panama ranks 44th of 118 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Median income or consumption per day vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Dominican Republic vs Panama: Median income or consumption per day vs. GDP per capita. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/median-daily-per-capita-expenditure-vs-gdp-per-capita/dominican-republic/panama/

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About this data

Indicator
Median income or consumption per day vs. GDP per capita
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
118 places, 2,082 data points, 1963–2025
Last refreshed

Value of income or consumption per day below which 50% of the population live.