Costa Rica vs Panama: Mean vs. median income or consumption
Costa Rica
34.1 international-$ in 2021 prices
in 2025
Panama
28.7 international-$ in 2021 prices
in 2024
Costa Rica rank
40th
Panama rank
42nd
Mean vs. median income or consumption over time
- Costa Rica
- Panama
How they compare
Costa Rica currently reports 34.1 international-$ in 2021 prices against 28.7 international-$ in 2021 prices in Panama, a difference of 5.4 international-$ in 2021 prices.
That makes Costa Rica's figure about 1.2 times Panama's.
The two have swapped places 6 times across 29 shared years of data; in 1989 it was Costa Rica ahead.
Costa Rica ranks 40th and Panama ranks 42nd of 120 countries.
Across the 5 decades both report, Costa Rica averaged higher in 4 and Panama in 1.
Head to head by decade
| Decade | Costa Rica | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 10.86 international-$ in 2021 prices | 10.78 international-$ in 2021 prices | 0.0802 international-$ in 2021 prices | Costa Rica |
| 1990s | 13.55 international-$ in 2021 prices | 14.26 international-$ in 2021 prices | 0.7115 international-$ in 2021 prices | Panama |
| 2000s | 20.44 international-$ in 2021 prices | 16.82 international-$ in 2021 prices | 3.62 international-$ in 2021 prices | Costa Rica |
| 2010s | 27.43 international-$ in 2021 prices | 25.85 international-$ in 2021 prices | 1.58 international-$ in 2021 prices | Costa Rica |
| 2020s | 28.97 international-$ in 2021 prices | 28 international-$ in 2021 prices | 0.9662 international-$ in 2021 prices | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mean vs. median income or consumption, Costa Rica or Panama?
- Costa Rica, at 34.1 international-$ in 2021 prices against 28.7 international-$ in 2021 prices in Panama as of 2025.
- What is the difference in mean vs. median income or consumption between Costa Rica and Panama?
- 5.4 international-$ in 2021 prices, with Costa Rica ahead.
- How many years of comparable data are there for Costa Rica and Panama?
- 29 years are reported by both, from 1989 to 2024.
- How do Costa Rica and Panama rank globally for mean vs. median income or consumption?
- Costa Rica ranks 40th and Panama ranks 42nd of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) β with major processing by Our World in Data, published as Mean vs. median income or consumption. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Average income or consumption of the population per day.