Mean income or consumption per day: 2017 vs. 2021 international-$ in Panama
Panama: Mean income or consumption per day: 2017 vs. 2021 international-$ 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
42nd
of 120 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: 2017 vs. 2021 international-$ 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
The most recent figure for mean income or consumption per day: 2017 vs. 2021 international-$ in Panama is 28.7 international-$ in 2021 prices, measured in 2024.
The figure is up 5.0% on the previous year and up 17.6% over ten years.
Over the whole period, mean income or consumption per day: 2017 vs. 2021 international-$ 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 42nd of 120 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: 2017 vs. 2021 international-$ 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
- 39 Greece 34.24 international-$ in 2021 prices compare
- 40 Costa Rica 34.1 international-$ in 2021 prices compare
- 41 Romania 32.66 international-$ in 2021 prices compare
- 43 Brazil 26.55 international-$ in 2021 prices compare
- 44 Russia 26.27 international-$ in 2021 prices compare
- 45 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)
- Industry (including construction), value added (constant 2015 US$) 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2057 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,071 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2264 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 4,480 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7002 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is mean income or consumption per day: 2017 vs. 2021 international-$ in Panama?
- Mean income or consumption per day: 2017 vs. 2021 international-$ 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: 2017 vs. 2021 international-$ 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: 2017 vs. 2021 international-$ 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: 2017 vs. 2021 international-$?
- Panama ranks 42nd out of 120 countries with data for 2024.
- Is mean income or consumption per day: 2017 vs. 2021 international-$ 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: 2017 vs. 2021 international-$. 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.