Mean income or consumption per day vs. GDP per capita in Panama
Panama: Mean income or consumption per day vs. GDP per capita was 28.7 international-$ in 2021 prices in 2024. ▲ Rising
Latest (2024)
28.7 international-$ in 2021 prices
Change on year
up 5.0%
World rank
40th
of 118 countries
All-time high
30.37 international-$ in 2021 prices
in 2019
All-time low
10.78 international-$ in 2021 prices
in 1989
Years of data
30
1979–2024
Mean income or consumption per day vs. GDP per capita in Panama, 1979–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2024, mean income or consumption per day vs. gdp per capita in Panama stood at 28.7 international-$ in 2021 prices.
That represents a change of up 5.0% on the previous year and up 17.6% over ten years.
Over the whole period, mean income or consumption per day vs. gdp per capita in Panama peaked at 30.37 international-$ in 2021 prices in 2019 and was at its lowest, 10.78 international-$ in 2021 prices, in 1989.
Panama ranks 40th of 118 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Mean income or consumption per day vs. GDP per capita in Panama, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1979 | 12.22 international-$ in 2021 prices | — |
| 1989 | 10.78 international-$ in 2021 prices | -11.7% |
| 1991 | 11.51 international-$ in 2021 prices | +6.8% |
| 1995 | 14.69 international-$ in 2021 prices | +27.7% |
| 1997 | 15.22 international-$ in 2021 prices | +3.6% |
| 1998 | 14.58 international-$ in 2021 prices | -4.2% |
| 1999 | 15.32 international-$ in 2021 prices | +5.1% |
| 2000 | 16.27 international-$ in 2021 prices | +6.2% |
| 2001 | 14.31 international-$ in 2021 prices | -12.0% |
| 2002 | 15.64 international-$ in 2021 prices | +9.2% |
| 2003 | 15.91 international-$ in 2021 prices | +1.7% |
| 2004 | 16.19 international-$ in 2021 prices | +1.8% |
| 2005 | 15.98 international-$ in 2021 prices | -1.3% |
| 2006 | 16.19 international-$ in 2021 prices | +1.3% |
| 2007 | 16.92 international-$ in 2021 prices | +4.5% |
| 2008 | 20.38 international-$ in 2021 prices | +20.5% |
| 2009 | 20.44 international-$ in 2021 prices | +0.3% |
| 2010 | 20.93 international-$ in 2021 prices | +2.4% |
| 2011 | 23.17 international-$ in 2021 prices | +10.7% |
| 2012 | 23.45 international-$ in 2021 prices | +1.2% |
| 2013 | 24.29 international-$ in 2021 prices | +3.6% |
| 2014 | 24.4 international-$ in 2021 prices | +0.5% |
| 2015 | 26.66 international-$ in 2021 prices | +9.2% |
| 2016 | 28.01 international-$ in 2021 prices | +5.1% |
| 2017 | 27.86 international-$ in 2021 prices | -0.6% |
| 2018 | 29.37 international-$ in 2021 prices | +5.4% |
| 2019 | 30.37 international-$ in 2021 prices | +3.4% |
| 2021 | 27.99 international-$ in 2021 prices | -7.8% |
| 2023 | 27.32 international-$ in 2021 prices | -2.4% |
| 2024 | 28.7 international-$ in 2021 prices | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.22 international-$ in 2021 prices | 12.22 international-$ in 2021 prices | 12.22 international-$ in 2021 prices | 1 |
| 1980s | 10.78 international-$ in 2021 prices | 10.78 international-$ in 2021 prices | 10.78 international-$ in 2021 prices | 1 |
| 1990s | 14.26 international-$ in 2021 prices | 11.51 international-$ in 2021 prices | 15.32 international-$ in 2021 prices | 5 |
| 2000s | 16.82 international-$ in 2021 prices | 14.31 international-$ in 2021 prices | 20.44 international-$ in 2021 prices | 10 |
| 2010s | 25.85 international-$ in 2021 prices | 20.93 international-$ in 2021 prices | 30.37 international-$ in 2021 prices | 10 |
| 2020s | 28 international-$ in 2021 prices | 27.32 international-$ in 2021 prices | 28.7 international-$ in 2021 prices | 3 |
Countries ranked near Panama
- 37 Greece 34.24 international-$ in 2021 prices compare
- 38 Costa Rica 34.1 international-$ in 2021 prices compare
- 39 Romania 32.66 international-$ in 2021 prices compare
- 41 Brazil 26.55 international-$ in 2021 prices compare
- 42 Russian Federation 26.27 international-$ in 2021 prices compare
- 43 Slovakia 25.45 international-$ in 2021 prices compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.048 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 949.21 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.048 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 949.21 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0403 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 796.82 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 842.84 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.09 % change on previous year (2025)
Frequently asked questions
- What is mean income or consumption per day vs. gdp per capita in Panama?
- Mean income or consumption per day vs. gdp per capita in Panama was 28.7 international-$ in 2021 prices in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest mean income or consumption per day vs. gdp per capita recorded in Panama?
- The highest recorded value was 30.37 international-$ in 2021 prices in 2019.
- What is the lowest mean income or consumption per day vs. gdp per capita recorded in Panama?
- The lowest recorded value was 10.78 international-$ in 2021 prices in 1989.
- How does Panama rank for mean income or consumption per day vs. gdp per capita?
- Panama ranks 40th out of 118 countries with data for 2024.
- Is mean income or consumption per day vs. gdp per capita rising or falling in Panama?
- Over the last ten years it is up 17.6%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Mean income or consumption per day vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Average income or consumption of the population per day.