Palma ratio in Panama
Panama: Palma ratio was 3.23 in 2024. ▼ Falling
Palma ratio in Panama, 1979–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
Analysis
The most recent figure for palma ratio 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 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 in Panama, year by year
| 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 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.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +108.2% | 3.06 | 6.37 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 palma ratio in Panama?
- Palma ratio in Panama was 3.23 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest palma ratio recorded in Panama?
- The highest recorded value was 6.37 in 1989.
- What is the lowest palma ratio recorded in Panama?
- The lowest recorded value was 3.05 in 2023.
- How does Panama rank for palma ratio?
- Panama ranks 6th out of 120 countries with data for 2024.
- Is palma ratio 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 World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. 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
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.