Median income: 2021 vs. 2017 international-$ in Panama
Panama: Median income: 2021 vs. 2017 international-$ 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
46th
of 120 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: 2021 vs. 2017 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
Panama recorded 18.58 international-$ in 2021 prices for median income: 2021 vs. 2017 international-$ in 2024.
The figure is up 3.8% on the previous year and up 17.1% over ten years.
Over the whole period, median income: 2021 vs. 2017 international-$ 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.
Panama ranks 46th 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.
Median income: 2021 vs. 2017 international-$ 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% |
Panama compared with similar countries
- Panama's 18.58 international-$ in 2021 prices is below the median for high income countries, which is 49.01 international-$ in 2021 prices, 38% of the median. (42 countries reporting)
- Panama's 18.58 international-$ in 2021 prices is above the median for Latin America & Caribbean, which is 14.29 international-$ in 2021 prices, 1.3× the median. (18 countries reporting)
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
- 43 Hungary 22.14 international-$ in 2021 prices compare
- 44 Serbia 21.06 international-$ in 2021 prices compare
- 45 Russia 20.29 international-$ in 2021 prices compare
- 47 Belarus 18.39 international-$ in 2021 prices compare
- 48 Montenegro 17.78 international-$ in 2021 prices compare
- 49 Dominican Republic 17.48 international-$ in 2021 prices compare
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is median income: 2021 vs. 2017 international-$ in Panama?
- Median income: 2021 vs. 2017 international-$ 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: 2021 vs. 2017 international-$ recorded in Panama?
- The highest recorded value was 19.82 international-$ in 2021 prices in 2019.
- What is the lowest median income: 2021 vs. 2017 international-$ recorded in Panama?
- The lowest recorded value was 6.16 international-$ in 2021 prices in 1989.
- How does Panama rank for median income: 2021 vs. 2017 international-$?
- Panama ranks 46th out of 120 countries with data for 2024.
- Is median income: 2021 vs. 2017 international-$ 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: 2021 vs. 2017 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
Value of income or consumption per day below which 50% of the population live.