Gini index of hourly earnings of employees in Panama
Panama: Gini index of hourly earnings of employees was 0.403 in 2025. ▼ Falling
Gini index of hourly earnings of employees in Panama, 1997–2025
Source: International Labour Organization.
Analysis
Panama recorded 0.403 for gini index of hourly earnings of employees in 2025. That is the lowest value across all 22 years on record.
That represents a change of down 4.0% on the previous year and unchanged over ten years.
Over the whole period, gini index of hourly earnings of employees in Panama peaked at 0.625 in 1997 and was at its lowest, 0.403, in 2014.
Panama ranks 23rd of 55 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Gini index of hourly earnings of employees in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 0.625 | — |
| 2003 | 0.462 | -26.1% |
| 2006 | 0.445 | -3.7% |
| 2007 | 0.438 | -1.6% |
| 2008 | 0.482 | +10.0% |
| 2009 | 0.431 | -10.6% |
| 2010 | 0.434 | +0.7% |
| 2011 | 0.421 | -3.0% |
| 2012 | 0.433 | +2.9% |
| 2013 | 0.436 | +0.7% |
| 2014 | 0.403 | -7.6% |
| 2015 | 0.403 | +0.0% |
| 2016 | 0.418 | +3.7% |
| 2017 | 0.416 | -0.5% |
| 2018 | 0.417 | +0.2% |
| 2019 | 0.431 | +3.4% |
| 2020 | 0.471 | +9.3% |
| 2021 | 0.514 | +9.1% |
| 2022 | 0.429 | -16.5% |
| 2023 | 0.415 | -3.3% |
| 2024 | 0.42 | +1.2% |
| 2025 | 0.403 | -4.0% |
Panama compared with similar countries
- Panama's 0.403 is above the median for high income countries, which is 0.329, 1.2× the median. (11 countries reporting)
- Panama's 0.403 is above the median for Latin America & Caribbean, which is 0.3885, 1.0× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.625 | 0.625 | 0.625 | 1 |
| 2000s | 0.4516 | 0.431 | 0.482 | 5 |
| 2010s | 0.4212 | 0.403 | 0.436 | 10 |
| 2020s | 0.442 | 0.403 | 0.514 | 6 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is gini index of hourly earnings of employees in Panama?
- Gini index of hourly earnings of employees in Panama was 0.403 in 2025, according to International Labour Organization.
- What is the highest gini index of hourly earnings of employees recorded in Panama?
- The highest recorded value was 0.625 in 1997.
- What is the lowest gini index of hourly earnings of employees recorded in Panama?
- The lowest recorded value was 0.403 in 2014.
- How does Panama rank for gini index of hourly earnings of employees?
- Panama ranks 23rd out of 55 countries with data for 2025.
- Is gini index of hourly earnings of employees rising or falling in Panama?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from International Labour Organization, published as part of Gini index of hourly earnings of employees (15+). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The Gini index measures the degree of inequality in the distribution of earnings among employees. It ranges from 0 to 1, where 0 indicates perfect equality (all employees have the same earnings) and higher values indicate greater inequality. The index is calculated from the distribution of employees earnings. For more information, refer to the Wages and Working Time Statistics (COND) database description.