Colombia vs Panama: Income inequality: Palma ratio (after tax)
Colombia
3.43
in 2023
Panama
2.48
in 2019
Colombia rank
2nd
Panama rank
4th
Income inequality: Palma ratio (after tax) over time
- Colombia
- Panama
How they compare
Colombia currently reports 3.43 against 2.48 in Panama, a difference of 0.95.
That makes Colombia's figure about 1.4 times Panama's.
The two have swapped places 5 times across 19 shared years of data; in 2001 it was Panama ahead.
Colombia ranks 2nd and Panama ranks 4th of 48 countries.
Colombia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Colombia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.58 | 3.38 | 0.2015 | Colombia |
| 2010s | 2.97 | 2.66 | 0.3093 | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income inequality: palma ratio (after tax), Colombia or Panama?
- Colombia, at 3.43 against 2.48 in Panama as of 2023.
- What is the difference in income inequality: palma ratio (after tax) between Colombia and Panama?
- 0.95, with Colombia ahead.
- How many years of comparable data are there for Colombia and Panama?
- 19 years are reported by both, from 2001 to 2019.
- How do Colombia and Panama rank globally for income inequality: palma ratio (after tax)?
- Colombia ranks 2nd and Panama ranks 4th of 48 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Income inequality: Palma ratio (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income after taxes and benefits.