Prosperity gap in Panama

Panama: Prosperity gap was 2.45 in 2024. ◆ Volatile

Latest (2024)
2.45
Change on year
down 4.9%
World rank
64th
of 120 countries
All-time high
17.71
in 1989
All-time low
2.4
in 2019
Years of data
30
1979–2024

Prosperity gap in Panama, 1979–2024

051015201979200120241979: 5.11989: 17.71991: 15.21995: 12.81997: 10.91998: 11.61999: 10.52000: 8.32001: 9.32002: 6.52003: 6.52004: 62005: 5.92006: 6.32007: 52008: 3.82009: 3.52010: 3.62011: 3.22012: 3.42013: 3.12014: 3.22015: 2.82016: 2.72017: 2.92018: 2.52019: 2.42021: 2.72023: 2.62024: 2.4

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Panama recorded 2.45 for prosperity gap in 2024.

The figure is down 4.9% on the previous year and down 23.6% over ten years.

Over the whole period, prosperity gap in Panama peaked at 17.71 in 1989 and was at its lowest, 2.4, in 2019.

That places Panama 64th out of 120 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Prosperity gap in Panama, year by year

Annual values for Prosperity gap in Panama, 1979 to 2024.
Year Value Change
1979 5.1
1989 17.71 +247.2%
1991 15.16 -14.4%
1995 12.82 -15.5%
1997 10.92 -14.8%
1998 11.64 +6.6%
1999 10.52 -9.7%
2000 8.33 -20.8%
2001 9.27 +11.3%
2002 6.45 -30.4%
2003 6.54 +1.4%
2004 5.99 -8.4%
2005 5.87 -2.0%
2006 6.31 +7.4%
2007 5.01 -20.6%
2008 3.8 -24.1%
2009 3.49 -8.3%
2010 3.63 +4.2%
2011 3.24 -10.9%
2012 3.42 +5.6%
2013 3.11 -9.1%
2014 3.2 +3.1%
2015 2.77 -13.5%
2016 2.7 -2.7%
2017 2.88 +6.7%
2018 2.49 -13.7%
2019 2.4 -3.3%
2021 2.71 +12.5%
2023 2.57 -4.9%
2024 2.45 -4.9%

Panama compared with similar countries

  • Panama's 2.45 is above the median for high income countries, which is 1.08, 2.3× the median. (42 countries reporting)
  • Panama's 2.45 is below the median for Latin America & Caribbean, which is 2.65, 92% of the median. (18 countries reporting)

Biggest year-on-year movements

Years where Prosperity gap 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 +247.2% 5.1 17.71

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.1 5.1 5.1 1
1980s 17.71 17.71 17.71 1
1990s 12.21 10.52 15.16 5
2000s 6.11 3.49 9.27 10
2010s 2.98 2.4 3.63 10
2020s 2.58 2.45 2.71 3

Countries ranked near Panama

  1. 61 Tunisia 2.54 compare
  2. 62 Albania 2.51 compare
  3. 63 Paraguay 2.49 compare
  4. 65 China 2.4 compare
  5. 66 Bolivia 2.38 compare
  6. 67 Uzbekistan 2.37

See the full ranking of 120 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is prosperity gap in Panama?
Prosperity gap in Panama was 2.45 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest prosperity gap recorded in Panama?
The highest recorded value was 17.71 in 1989.
What is the lowest prosperity gap recorded in Panama?
The lowest recorded value was 2.4 in 2019.
How does Panama rank for prosperity gap?
Panama ranks 64th out of 120 countries with data for 2024.
Is prosperity gap rising or falling in Panama?
Over the last ten years it is down 23.6%. The long-run trend across the full record is volatile.
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 Prosperity gap. Statizoid updates them automatically from the source API.

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Prosperity gap in Panama. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/prosperity-gap/panama/

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About this data

Indicator
Prosperity gap
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

Average factor by which incomes need to be multiplied to bring everyone to the prosperity standard of $28 per person per day.