Gini index of monthly earnings of employees in Panama

Panama: Gini index of monthly earnings of employees was 0.395 in 2025. ▼ Falling

Latest (2025)
0.395
Change on year
down 0.5%
World rank
24th
of 93 countries
All-time high
0.566
in 1997
All-time low
0.376
in 2014
Years of data
22
1997–2025

Gini index of monthly earnings of employees in Panama, 1997–2025

00.20.40.61997201120251997: 0.5662003: 0.4552006: 0.4412007: 0.432008: 0.4642009: 0.4132010: 0.3982011: 0.4012012: 0.4122013: 0.4192014: 0.3762015: 0.3892016: 0.3782017: 0.3892018: 0.3882019: 0.3932020: 0.4182021: 0.4292022: 0.4092023: 0.3962024: 0.3972025: 0.395

Source: International Labour Organization.

Analysis

In 2025, gini index of monthly earnings of employees in Panama stood at 0.395.

That represents a change of down 0.5% on the previous year and up 1.5% over ten years.

Over the whole period, gini index of monthly earnings of employees in Panama peaked at 0.566 in 1997 and was at its lowest, 0.376, in 2014.

That places Panama 24th out of 93 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Gini index of monthly earnings of employees in Panama, year by year

Annual values for Gini index of monthly earnings of employees (15+) in Panama, 1997 to 2025.
Year Value Change
1997 0.566
2003 0.455 -19.6%
2006 0.441 -3.1%
2007 0.43 -2.5%
2008 0.464 +7.9%
2009 0.413 -11.0%
2010 0.398 -3.6%
2011 0.401 +0.8%
2012 0.412 +2.7%
2013 0.419 +1.7%
2014 0.376 -10.3%
2015 0.389 +3.5%
2016 0.378 -2.8%
2017 0.389 +2.9%
2018 0.388 -0.3%
2019 0.393 +1.3%
2020 0.418 +6.4%
2021 0.429 +2.6%
2022 0.409 -4.7%
2023 0.396 -3.2%
2024 0.397 +0.3%
2025 0.395 -0.5%

Panama compared with similar countries

  • Panama's 0.395 is above the median for high income countries, which is 0.334, 1.2× the median. (39 countries reporting)
  • Panama's 0.395 is above the median for Latin America & Caribbean, which is 0.365, 1.1× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.566 0.566 0.566 1
2000s 0.4406 0.413 0.464 5
2010s 0.3943 0.376 0.419 10
2020s 0.4073 0.395 0.429 6

Countries ranked near Panama

  1. 22 Indonesia 0.401 compare
  2. 23 Bulgaria 0.398 compare
  3. 25 Argentina 0.394 compare
  4. 26 Timor-Leste 0.392 compare
  5. 27 Ireland 0.387 compare

See the full ranking of 93 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is gini index of monthly earnings of employees in Panama?
Gini index of monthly earnings of employees in Panama was 0.395 in 2025, according to International Labour Organization.
What is the highest gini index of monthly earnings of employees recorded in Panama?
The highest recorded value was 0.566 in 1997.
What is the lowest gini index of monthly earnings of employees recorded in Panama?
The lowest recorded value was 0.376 in 2014.
How does Panama rank for gini index of monthly earnings of employees?
Panama ranks 24th out of 93 countries with data for 2025.
Is gini index of monthly earnings of employees rising or falling in Panama?
Over the last ten years it is up 1.5%. 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 monthly earnings of employees (15+). Statizoid updates them automatically from the source API.

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Gini index of monthly earnings of employees in Panama. Statizoid, drawing on International Labour Organization. Retrieved 15 September 2026, from https://labour.statizoid.com/stat/gini-index-of-monthly-earnings-of-employees-15/panama/

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About this data

Indicator
Gini index of monthly earnings of employees (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
93 places, 1,587 data points, 1989–2026
Last refreshed

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.