Panama vs Uruguay: Median income per year (after tax)
Panama
11,894 international-$ in 2021 prices
in 2019
Uruguay
14,010 international-$ in 2021 prices
in 2024
Panama rank
35th
Uruguay rank
33rd
Median income per year (after tax) over time
- Panama
- Uruguay
How they compare
Uruguay currently reports 14,010 international-$ in 2021 prices against 11,894 international-$ in 2021 prices in Panama, a difference of 2,116 international-$ in 2021 prices.
That makes Uruguay's figure about 1.2 times Panama's.
Across all 16 years both countries report, Uruguay has been ahead every year.
Panama ranks 35th 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 | 7,380 international-$ in 2021 prices | 9,129 international-$ in 2021 prices | 1,748 international-$ in 2021 prices | Uruguay |
| 2010s | 10,073 international-$ in 2021 prices | 13,519 international-$ in 2021 prices | 3,446 international-$ in 2021 prices | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median income per year (after tax), Panama or Uruguay?
- Uruguay, at 14,010 international-$ in 2021 prices against 11,894 international-$ in 2021 prices in Panama as of 2024.
- What is the difference in median income per year (after tax) between Panama and Uruguay?
- 2,116 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 income per year (after tax)?
- Panama ranks 35th 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 income per year (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Value of income per year below which 50% of the population live.