Panama vs Paraguay: Income inequality: Palma ratio (after tax)
Panama
2.48
in 2019
Paraguay
2.45
in 2024
Panama rank
4th
Paraguay rank
6th
Income inequality: Palma ratio (after tax) over time
- Panama
- Paraguay
How they compare
Panama currently reports 2.48 against 2.45 in Paraguay, a difference of 0.03.
The two have swapped places 4 times across 21 shared years of data; in 1997 it was Paraguay ahead.
Panama ranks 4th and Paraguay ranks 6th of 48 countries.
Paraguay has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Panama | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.8 | 4.13 | 0.3224 | Paraguay |
| 2000s | 3.39 | 3.56 | 0.1649 | Paraguay |
| 2010s | 2.66 | 3.01 | 0.3492 | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income inequality: palma ratio (after tax), Panama or Paraguay?
- Panama, at 2.48 against 2.45 in Paraguay as of 2019.
- What is the difference in income inequality: palma ratio (after tax) between Panama and Paraguay?
- 0.03, with Panama ahead.
- How many years of comparable data are there for Panama and Paraguay?
- 21 years are reported by both, from 1997 to 2019.
- How do Panama and Paraguay rank globally for income inequality: palma ratio (after tax)?
- Panama ranks 4th and Paraguay 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 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.