Median income or consumption per day vs. GDP per capita in Panama
Panama: Median income or consumption per day vs. GDP per capita was 18.58 international-$ in 2021 prices in 2024. ▲ Rising
Latest (2024)
18.58 international-$ in 2021 prices
Change on year
up 3.8%
World rank
44th
of 118 countries
All-time high
19.82 international-$ in 2021 prices
in 2019
All-time low
6.16 international-$ in 2021 prices
in 1989
Years of data
30
1979–2024
Median 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
Panama recorded 18.58 international-$ in 2021 prices for median income or consumption per day vs. gdp per capita in 2024.
Compared with earlier readings it is up 3.8% on the previous year and up 17.1% over ten years.
Over the whole period, median income or consumption per day vs. gdp per capita in Panama peaked at 19.82 international-$ in 2021 prices in 2019 and was at its lowest, 6.16 international-$ in 2021 prices, in 1989.
That places Panama 44th out of 118 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Median income or consumption per day vs. GDP per capita in Panama, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1979 | 7.95 international-$ in 2021 prices | — |
| 1989 | 6.16 international-$ in 2021 prices | -22.5% |
| 1991 | 6.51 international-$ in 2021 prices | +5.8% |
| 1995 | 8.5 international-$ in 2021 prices | +30.4% |
| 1997 | 8.4 international-$ in 2021 prices | -1.2% |
| 1998 | 8.27 international-$ in 2021 prices | -1.5% |
| 1999 | 8.79 international-$ in 2021 prices | +6.3% |
| 2000 | 9.18 international-$ in 2021 prices | +4.4% |
| 2001 | 8.19 international-$ in 2021 prices | -10.8% |
| 2002 | 8.76 international-$ in 2021 prices | +7.0% |
| 2003 | 8.99 international-$ in 2021 prices | +2.6% |
| 2004 | 9.37 international-$ in 2021 prices | +4.3% |
| 2005 | 9.42 international-$ in 2021 prices | +0.5% |
| 2006 | 9.45 international-$ in 2021 prices | +0.3% |
| 2007 | 10.45 international-$ in 2021 prices | +10.6% |
| 2008 | 12.47 international-$ in 2021 prices | +19.3% |
| 2009 | 12.56 international-$ in 2021 prices | +0.7% |
| 2010 | 13.1 international-$ in 2021 prices | +4.3% |
| 2011 | 14.53 international-$ in 2021 prices | +10.9% |
| 2012 | 14.63 international-$ in 2021 prices | +0.7% |
| 2013 | 15.32 international-$ in 2021 prices | +4.7% |
| 2014 | 15.86 international-$ in 2021 prices | +3.5% |
| 2015 | 17.01 international-$ in 2021 prices | +7.2% |
| 2016 | 18.02 international-$ in 2021 prices | +6.0% |
| 2017 | 18.46 international-$ in 2021 prices | +2.4% |
| 2018 | 19.43 international-$ in 2021 prices | +5.2% |
| 2019 | 19.82 international-$ in 2021 prices | +2.0% |
| 2021 | 17.41 international-$ in 2021 prices | -12.1% |
| 2023 | 17.9 international-$ in 2021 prices | +2.8% |
| 2024 | 18.58 international-$ in 2021 prices | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.95 international-$ in 2021 prices | 7.95 international-$ in 2021 prices | 7.95 international-$ in 2021 prices | 1 |
| 1980s | 6.16 international-$ in 2021 prices | 6.16 international-$ in 2021 prices | 6.16 international-$ in 2021 prices | 1 |
| 1990s | 8.09 international-$ in 2021 prices | 6.51 international-$ in 2021 prices | 8.79 international-$ in 2021 prices | 5 |
| 2000s | 9.88 international-$ in 2021 prices | 8.19 international-$ in 2021 prices | 12.56 international-$ in 2021 prices | 10 |
| 2010s | 16.62 international-$ in 2021 prices | 13.1 international-$ in 2021 prices | 19.82 international-$ in 2021 prices | 10 |
| 2020s | 17.96 international-$ in 2021 prices | 17.41 international-$ in 2021 prices | 18.58 international-$ in 2021 prices | 3 |
Countries ranked near Panama
- 41 Hungary 22.14 international-$ in 2021 prices compare
- 42 Serbia 21.06 international-$ in 2021 prices compare
- 43 Russian Federation 20.29 international-$ in 2021 prices compare
- 45 Belarus 18.39 international-$ in 2021 prices compare
- 46 Montenegro 17.78 international-$ in 2021 prices compare
- 47 Dominican Republic 17.48 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -2.61 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3966 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 7,600 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 78.89 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 78.89 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 2.06 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0262 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 518.14 current LCU per person (2025)
Frequently asked questions
- What is median income or consumption per day vs. gdp per capita in Panama?
- Median income or consumption per day vs. gdp per capita in Panama was 18.58 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 median income or consumption per day vs. gdp per capita recorded in Panama?
- The highest recorded value was 19.82 international-$ in 2021 prices in 2019.
- What is the lowest median income or consumption per day vs. gdp per capita recorded in Panama?
- The lowest recorded value was 6.16 international-$ in 2021 prices in 1989.
- How does Panama rank for median income or consumption per day vs. gdp per capita?
- Panama ranks 44th out of 118 countries with data for 2024.
- Is median income or consumption per day vs. gdp per capita rising or falling in Panama?
- Over the last ten years it is up 17.1%. 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 Median 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
Value of income or consumption per day below which 50% of the population live.