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

51015201979200120241979: 7.9 international-$ in 2021 prices1989: 6.2 international-$ in 2021 prices1991: 6.5 international-$ in 2021 prices1995: 8.5 international-$ in 2021 prices1997: 8.4 international-$ in 2021 prices1998: 8.3 international-$ in 2021 prices1999: 8.8 international-$ in 2021 prices2000: 9.2 international-$ in 2021 prices2001: 8.2 international-$ in 2021 prices2002: 8.8 international-$ in 2021 prices2003: 9 international-$ in 2021 prices2004: 9.4 international-$ in 2021 prices2005: 9.4 international-$ in 2021 prices2006: 9.4 international-$ in 2021 prices2007: 10.5 international-$ in 2021 prices2008: 12.5 international-$ in 2021 prices2009: 12.6 international-$ in 2021 prices2010: 13.1 international-$ in 2021 prices2011: 14.5 international-$ in 2021 prices2012: 14.6 international-$ in 2021 prices2013: 15.3 international-$ in 2021 prices2014: 15.9 international-$ in 2021 prices2015: 17 international-$ in 2021 prices2016: 18 international-$ in 2021 prices2017: 18.5 international-$ in 2021 prices2018: 19.4 international-$ in 2021 prices2019: 19.8 international-$ in 2021 prices2021: 17.4 international-$ in 2021 prices2023: 17.9 international-$ in 2021 prices2024: 18.6 international-$ in 2021 prices

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 43 Hungary 22.14 international-$ in 2021 prices compare
  2. 44 Serbia 21.06 international-$ in 2021 prices compare
  3. 45 Russia 20.29 international-$ in 2021 prices compare
  4. 47 Belarus 18.39 international-$ in 2021 prices compare
  5. 48 Montenegro 17.78 international-$ in 2021 prices compare
  6. 49 Dominican Republic 17.48 international-$ in 2021 prices compare

See the full ranking of 120 places →

More reference data data for Panama

All data for Panama →

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.

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About this data

Indicator
Median income: 2021 vs. 2017 international-$
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Value of income or consumption per day below which 50% of the population live.