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Median income or consumption per day (2011 prices) in Panama

Panama: Median income or consumption per day (2011 prices) was 15.78 international-$ in 2011 prices in 2023. ▲ Rising

Latest (2023)
15.78 international-$ in 2011 prices
Change on year
up 2.8%
World rank
43rd
of 119 countries
All-time high
17.48 international-$ in 2011 prices
in 2019
All-time low
5.45 international-$ in 2011 prices
in 1989
Years of data
29
1979–2023

Median income or consumption per day (2011 prices) in Panama, 1979–2023

57.51012.51517.51979200120231979: 7 international-$ in 2011 prices1989: 5.4 international-$ in 2011 prices1991: 5.8 international-$ in 2011 prices1995: 7.5 international-$ in 2011 prices1997: 7.4 international-$ in 2011 prices1998: 7.3 international-$ in 2011 prices1999: 7.8 international-$ in 2011 prices2000: 8.1 international-$ in 2011 prices2001: 7.2 international-$ in 2011 prices2002: 7.8 international-$ in 2011 prices2003: 8 international-$ in 2011 prices2004: 8.3 international-$ in 2011 prices2005: 8.3 international-$ in 2011 prices2006: 8.3 international-$ in 2011 prices2007: 9.2 international-$ in 2011 prices2008: 11 international-$ in 2011 prices2009: 11.1 international-$ in 2011 prices2010: 11.6 international-$ in 2011 prices2011: 12.8 international-$ in 2011 prices2012: 12.9 international-$ in 2011 prices2013: 13.5 international-$ in 2011 prices2014: 14 international-$ in 2011 prices2015: 15 international-$ in 2011 prices2016: 15.9 international-$ in 2011 prices2017: 16.3 international-$ in 2011 prices2018: 17.1 international-$ in 2011 prices2019: 17.5 international-$ in 2011 prices2021: 15.4 international-$ in 2011 prices2023: 15.8 international-$ in 2011 prices

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in international-$ in 2011 prices.

Analysis

Panama recorded 15.78 international-$ in 2011 prices for median income or consumption per day (2011 prices) in 2023.

The figure is up 2.8% on the previous year and up 16.8% over ten years.

Over the whole period, median income or consumption per day (2011 prices) in Panama peaked at 17.48 international-$ in 2011 prices in 2019 and was at its lowest, 5.45 international-$ in 2011 prices, in 1989.

That places Panama 43rd out of 119 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Median income or consumption per day (2011 prices) in Panama, year by year

Year international-$ in 2011 prices Change
1979 7.03 international-$ in 2011 prices —
1989 5.45 international-$ in 2011 prices -22.5%
1991 5.76 international-$ in 2011 prices +5.8%
1995 7.52 international-$ in 2011 prices +30.4%
1997 7.43 international-$ in 2011 prices -1.2%
1998 7.31 international-$ in 2011 prices -1.5%
1999 7.78 international-$ in 2011 prices +6.3%
2000 8.12 international-$ in 2011 prices +4.4%
2001 7.24 international-$ in 2011 prices -10.8%
2002 7.75 international-$ in 2011 prices +7.0%
2003 7.96 international-$ in 2011 prices +2.7%
2004 8.29 international-$ in 2011 prices +4.2%
2005 8.31 international-$ in 2011 prices +0.2%
2006 8.33 international-$ in 2011 prices +0.3%
2007 9.22 international-$ in 2011 prices +10.6%
2008 11 international-$ in 2011 prices +19.3%
2009 11.07 international-$ in 2011 prices +0.7%
2010 11.56 international-$ in 2011 prices +4.3%
2011 12.81 international-$ in 2011 prices +10.9%
2012 12.91 international-$ in 2011 prices +0.7%
2013 13.51 international-$ in 2011 prices +4.7%
2014 13.99 international-$ in 2011 prices +3.5%
2015 15 international-$ in 2011 prices +7.2%
2016 15.9 international-$ in 2011 prices +6.0%
2017 16.28 international-$ in 2011 prices +2.4%
2018 17.13 international-$ in 2011 prices +5.2%
2019 17.48 international-$ in 2011 prices +2.0%
2021 15.35 international-$ in 2011 prices -12.1%
2023 15.78 international-$ in 2011 prices +2.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.03 international-$ in 2011 prices 7.03 international-$ in 2011 prices 7.03 international-$ in 2011 prices 1
1980s 5.45 international-$ in 2011 prices 5.45 international-$ in 2011 prices 5.45 international-$ in 2011 prices 1
1990s 7.16 international-$ in 2011 prices 5.76 international-$ in 2011 prices 7.78 international-$ in 2011 prices 5
2000s 8.73 international-$ in 2011 prices 7.24 international-$ in 2011 prices 11.07 international-$ in 2011 prices 10
2010s 14.66 international-$ in 2011 prices 11.56 international-$ in 2011 prices 17.48 international-$ in 2011 prices 10
2020s 15.57 international-$ in 2011 prices 15.35 international-$ in 2011 prices 15.78 international-$ in 2011 prices 2

Countries ranked near Panama

  1. 40 Uruguay 19.43 international-$ in 2011 prices compare
  2. 41 Belarus 19.15 international-$ in 2011 prices compare
  3. 42 Turkey 17.28 international-$ in 2011 prices compare
  4. 44 Uzbekistan 15.68 international-$ in 2011 prices compare
  5. 45 Costa Rica 15.64 international-$ in 2011 prices compare
  6. 46 Russia 15.24 international-$ in 2011 prices compare

See the full ranking of 119 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is median income or consumption per day (2011 prices) in Panama?
Median income or consumption per day (2011 prices) in Panama was 15.78 international-$ in 2011 prices in 2023, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest median income or consumption per day (2011 prices) recorded in Panama?
The highest recorded value was 17.48 international-$ in 2011 prices in 2019.
What is the lowest median income or consumption per day (2011 prices) recorded in Panama?
The lowest recorded value was 5.45 international-$ in 2011 prices in 1989.
How does Panama rank for median income or consumption per day (2011 prices)?
Panama ranks 43rd out of 119 countries with data for 2023.
Is median income or consumption per day (2011 prices) rising or falling in Panama?
Over the last ten years it is up 16.8%. 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 (2024) – with major processing by Our World in Data, published as part of Median income or consumption per day (2011 prices). Statizoid updates them automatically from the source API.

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Median income or consumption per day (2011 prices) in Panama. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/median-income-or-consumption-per-day-2011-prices/panama/

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About this data

Indicator
Median income or consumption per day (2011 prices)
Unit
international-$ in 2011 prices
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

The median is the value of income or consumption below which 50% of the population live.