Palma ratio wb in Panama

Panama: Palma ratio wb was 3.23 in 2024. ▼ Falling

Latest (2024)
3.23
Change on year
up 6.0%
World rank
6th
of 120 countries
All-time high
6.37
in 1989
All-time low
3.05
in 2023
Years of data
30
1979–2024

Palma ratio wb in Panama, 1979–2024

02461979200120241979: 3.11989: 6.41991: 5.91995: 5.61997: 5.61998: 5.31999: 4.92000: 52001: 5.22002: 4.82003: 4.72004: 4.42005: 4.22006: 4.42007: 3.92008: 3.82009: 3.62010: 3.62011: 3.52012: 3.62013: 3.62014: 3.42015: 3.42016: 3.32017: 3.32018: 3.12019: 3.22021: 3.42023: 32024: 3.2

Source: Our World in Data.

Analysis

The most recent figure for palma ratio wb in Panama is 3.23, measured in 2024.

That represents a change of up 6.0% on the previous year and down 4.1% over ten years.

Over the whole period, palma ratio wb in Panama peaked at 6.37 in 1989 and was at its lowest, 3.05, in 2023.

Panama ranks 6th of 120 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 30 years of available data.

Palma ratio wb in Panama, year by year

Annual values for Palma ratio wb in Panama, 1979 to 2024.
Year Value Change
1979 3.06 —
1989 6.37 +108.2%
1991 5.86 -8.0%
1995 5.63 -4.0%
1997 5.57 -1.1%
1998 5.31 -4.7%
1999 4.92 -7.2%
2000 4.97 +0.9%
2001 5.18 +4.2%
2002 4.83 -6.6%
2003 4.68 -3.2%
2004 4.45 -4.9%
2005 4.17 -6.3%
2006 4.39 +5.3%
2007 3.89 -11.3%
2008 3.82 -1.9%
2009 3.6 -5.7%
2010 3.57 -0.9%
2011 3.52 -1.3%
2012 3.62 +2.6%
2013 3.58 -1.0%
2014 3.37 -6.0%
2015 3.42 +1.6%
2016 3.35 -2.1%
2017 3.25 -2.8%
2018 3.13 -3.7%
2019 3.25 +3.6%
2021 3.39 +4.4%
2023 3.05 -10.2%
2024 3.23 +6.0%

Panama compared with similar countries

  • Panama's 3.23 is above the median for high income countries, which is 1.23, 2.6× the median. (42 countries reporting)
  • Panama's 3.23 is above the median for Latin America & Caribbean, which is 2.37, 1.4× the median. (18 countries reporting)

Biggest year-on-year movements

Years where Palma ratio wb in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1989 +108.2% 3.06 6.37

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.06 3.06 3.06 1
1980s 6.37 6.37 6.37 1
1990s 5.46 4.92 5.86 5
2000s 4.4 3.6 5.18 10
2010s 3.41 3.13 3.62 10
2020s 3.22 3.05 3.39 3

Countries ranked near Panama

  1. 3 South Africa 4 compare
  2. 4 Zambia 3.5 compare
  3. 5 Brazil 3.28 compare
  4. 7 Mozambique 3.08 compare
  5. 8 Nicaragua 2.6 compare
  6. 9 Ecuador 2.57 compare

See the full ranking of 120 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is palma ratio wb in Panama?
Palma ratio wb in Panama was 3.23 in 2024, according to Our World in Data.
What is the highest palma ratio wb recorded in Panama?
The highest recorded value was 6.37 in 1989.
What is the lowest palma ratio wb recorded in Panama?
The lowest recorded value was 3.05 in 2023.
How does Panama rank for palma ratio wb?
Panama ranks 6th out of 120 countries with data for 2024.
Is palma ratio wb rising or falling in Panama?
Over the last ten years it is down 4.1%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. 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).

Share, cite or embed this page

Cite this page

Palma ratio wb in Panama. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/palma-ratio-wb/panama/">Palma ratio wb in Panama</a> — Statizoid

About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed