Mean income or consumption per day (2011 prices) in Panama
Panama: Mean income or consumption per day (2011 prices) was 24.1 international-$ in 2011 prices in 2023. ▲ Rising
Mean income or consumption per day (2011 prices) in Panama, 1979–2023
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 24.1 international-$ in 2011 prices for mean income or consumption per day (2011 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 prices) in Panama peaked at 26.79 international-$ in 2011 prices in 2019 and was at its lowest, 9.53 international-$ in 2011 prices, in 1989.
That places Panama 42nd 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.81 international-$ in 2011 prices | 10.81 international-$ in 2011 prices | 10.81 international-$ in 2011 prices | 1 |
| 1980s | 9.53 international-$ in 2011 prices | 9.53 international-$ in 2011 prices | 9.53 international-$ in 2011 prices | 1 |
| 1990s | 12.62 international-$ in 2011 prices | 10.18 international-$ in 2011 prices | 13.55 international-$ in 2011 prices | 5 |
| 2000s | 14.86 international-$ in 2011 prices | 12.66 international-$ in 2011 prices | 18.03 international-$ in 2011 prices | 10 |
| 2010s | 22.8 international-$ in 2011 prices | 18.46 international-$ in 2011 prices | 26.79 international-$ in 2011 prices | 10 |
| 2020s | 24.39 international-$ in 2011 prices | 24.1 international-$ in 2011 prices | 24.69 international-$ in 2011 prices | 2 |
Countries ranked near Panama
- 39 Slovakia 24.56 international-$ in 2011 prices compare
- 40 Turkey 24.48 international-$ in 2011 prices compare
- 41 Romania 24.47 international-$ in 2011 prices compare
- 43 Costa Rica 23.63 international-$ in 2011 prices compare
- 44 Belarus 21.4 international-$ in 2011 prices compare
- 45 Brazil 20.6 international-$ in 2011 prices compare
More reference data data for Panama
- Spring temperature anomalies 0.1111 °C (2026)
- Summer temperature anomalies 0.8502 °C (2026)
- Temperature anomalies by month 0.029 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.2956 °C (2025)
- Winter temperature anomalies 0.1292 °C (2025)
- Consumer price index 128.14 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is mean income or consumption per day (2011 prices) in Panama?
- Mean income or consumption per day (2011 prices) in Panama was 24.1 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 mean income or consumption per day (2011 prices) recorded in Panama?
- The highest recorded value was 26.79 international-$ in 2011 prices in 2019.
- What is the lowest mean income or consumption per day (2011 prices) recorded in Panama?
- The lowest recorded value was 9.53 international-$ in 2011 prices in 1989.
- How does Panama rank for mean income or consumption per day (2011 prices)?
- Panama ranks 42nd out of 119 countries with data for 2023.
- Is mean income or consumption per day (2011 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 World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as part of Mean income or consumption per day (2011 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).
About this data
The mean is the average income or consumption of the population.