Mean income or consumption per day 2011 vs 2017 prices in Panama
Panama: Mean income or consumption per day 2011 vs 2017 prices was 24.1 in 2023. ▲ Rising
Latest (2023)
24.1
Change on year
down 2.4%
World rank
42nd
of 119 countries
All-time high
26.79
in 2019
All-time low
9.53
in 1989
Years of data
29
1979–2023
Mean income or consumption per day 2011 vs 2017 prices in Panama, 1979–2023
Source: Our World in Data.
Analysis
Panama recorded 24.1 for mean income or consumption per day 2011 vs 2017 prices in 2023.
That represents a change of down 2.4% on the previous year and up 12.5% over ten years.
Over the whole period, mean income or consumption per day 2011 vs 2017 prices in Panama peaked at 26.79 in 2019 and was at its lowest, 9.53, in 1989.
Panama ranks 42nd of 119 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Mean income or consumption per day 2011 vs 2017 prices in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 10.81 | — |
| 1989 | 9.53 | -11.8% |
| 1991 | 10.18 | +6.8% |
| 1995 | 13 | +27.7% |
| 1997 | 13.46 | +3.6% |
| 1998 | 12.9 | -4.2% |
| 1999 | 13.55 | +5.1% |
| 2000 | 14.39 | +6.2% |
| 2001 | 12.66 | -12.0% |
| 2002 | 13.83 | +9.2% |
| 2003 | 14.08 | +1.8% |
| 2004 | 14.32 | +1.7% |
| 2005 | 14.09 | -1.6% |
| 2006 | 14.28 | +1.3% |
| 2007 | 14.92 | +4.5% |
| 2008 | 17.98 | +20.5% |
| 2009 | 18.03 | +0.3% |
| 2010 | 18.46 | +2.4% |
| 2011 | 20.43 | +10.7% |
| 2012 | 20.68 | +1.2% |
| 2013 | 21.42 | +3.6% |
| 2014 | 21.52 | +0.5% |
| 2015 | 23.51 | +9.2% |
| 2016 | 24.71 | +5.1% |
| 2017 | 24.57 | -0.6% |
| 2018 | 25.9 | +5.4% |
| 2019 | 26.79 | +3.4% |
| 2021 | 24.69 | -7.8% |
| 2023 | 24.1 | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.81 | 10.81 | 10.81 | 1 |
| 1980s | 9.53 | 9.53 | 9.53 | 1 |
| 1990s | 12.62 | 10.18 | 13.55 | 5 |
| 2000s | 14.86 | 12.66 | 18.03 | 10 |
| 2010s | 22.8 | 18.46 | 26.79 | 10 |
| 2020s | 24.39 | 24.1 | 24.69 | 2 |
Countries ranked near Panama
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)
- GDP (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,650 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.9369 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 18,541 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -1.43 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3858 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is mean income or consumption per day 2011 vs 2017 prices in Panama?
- Mean income or consumption per day 2011 vs 2017 prices in Panama was 24.1 in 2023, according to Our World in Data.
- What is the highest mean income or consumption per day 2011 vs 2017 prices recorded in Panama?
- The highest recorded value was 26.79 in 2019.
- What is the lowest mean income or consumption per day 2011 vs 2017 prices recorded in Panama?
- The lowest recorded value was 9.53 in 1989.
- How does Panama rank for mean income or consumption per day 2011 vs 2017 prices?
- Panama ranks 42nd out of 119 countries with data for 2023.
- Is mean income or consumption per day 2011 vs 2017 prices rising or falling in Panama?
- Over the last ten years it is up 12.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Mean income or consumption per day 2011 vs 2017 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).