Income share of the richest 20% — all countries

Income share of the richest 20% — Panama

Income share of the richest 20% in Panama in 2024 — 54.3%. Ranked 23 in the world out of 25. Since 1979, the indicator has risen by 0.9 pp.

2024 54.3% +0.8 pp vs 2023
World rank 23of 25
Period maximum 61.2%1997
Period minimum 53.4%1979

Trend over time

1979–2024 · % of income

Income share of the richest 20% — Panama, 1979–202452545658606219791984198919941999200420092014201920241979: 53.4%1989: 60.8%1991: 60.5%1995: 60.4%1997: 61.2%1998: 60.5%1999: 59.8%2000: 60.1%2001: 59.9%2002: 59.8%2003: 59.5%2004: 58.7%2005: 57.7%2006: 58.4%2007: 56.6%2008: 57%2009: 56.4%2010: 56%2011: 55.8%2012: 56.1%2013: 56%2014: 54.8%2015: 55.3%2016: 54.8%2017: 54.2%2018: 53.6%2019: 54.4%2021: 55.6%2023: 53.5%2024: 54.3%
Change over the period: +0.9 pp Annual average: 0.02 pp
Income share of the richest 20% — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2024 54.3 +0.8 pp
2023 53.5
2021 55.6
2019 54.4 +0.8 pp
2018 53.6 −0.6 pp
2017 54.2 −0.6 pp
2016 54.8 −0.5 pp
2015 55.3 +0.5 pp
2014 54.8 −1.2 pp
2013 56 −0.1 pp
2012 56.1 +0.3 pp
2011 55.8 −0.2 pp
2010 56 −0.4 pp
2009 56.4 −0.6 pp
2008 57 +0.4 pp
2007 56.6 −1.8 pp
2006 58.4 +0.7 pp
2005 57.7 −1 pp
2004 58.7 −0.8 pp
2003 59.5 −0.3 pp
2002 59.8 −0.1 pp
2001 59.9 −0.2 pp
2000 60.1 +0.3 pp
1999 59.8 −0.7 pp
1998 60.5 −0.7 pp
1997 61.2
1995 60.4
1991 60.5
1989 60.8
1979 53.4

Central America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.

Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.

Source: World Development Indicators (World Bank), license CC BY 4.0.