The national gross income per capita in Panama increased by 900 U.S. dollars (+5.3 percent) in 2023. With 17,870 U.S. dollars, the national gross income thereby reached its highest value in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about Panama with key insights such as value added by the services industry to the gross domestic product, share of value added by the services industry to gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product.

In 2023, four Caribbean nations were the countries with the highest gross national income per capita in Latin America and the Caribbean. On average, the national gross income amounted to around 31,990 U.S. dollars per person in the Bahamas, an island country which also had one of the highest gross domestic product per capita in this region. Outside the Caribbean Excluding the Caribbean, the economies with the highest national income per capita are generally located in South America, with the exceptions of Panama, Costa Rica and Mexico. Guyana leads among continental states with a national income of around 20.360 U.S. dollars per person. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. The biggest economies Brazil and Mexico are still miles ahead in the race for the biggest economy of Latin America. As of 2023, both nations exceeded the two trillion U.S. dollars mark in their Gross Domestic Product (GDP). While Argentina's GDP, third place, slightly surpassed the 600 billion U.S. dollars. Nonetheless, both nations also ranked as the most populated by far in the region.

Graph and download economic data for Per Capita Personal Income in Bay County, FL (PCPI12005) from 1969 to 2023 about Bay County, FL; Panama City; personal income; per capita; FL; personal; income; and USA.

Panama PA: GDP: Growth: Adjusted Net National Income per Capita data was reported at 2.104 % in 2016. This records an increase from the previous number of -0.414 % for 2015. Panama PA: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 2.217 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 13.120 % in 2011 and a record low of -19.290 % in 1988. Panama PA: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Panama PA: GDP: Growth: GNI per Capita data was reported at 1.800 % in 2016. This records an increase from the previous number of -2.732 % for 2015. Panama PA: GDP: Growth: GNI per Capita data is updated yearly, averaging 4.012 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 13.415 % in 2011 and a record low of -19.340 % in 1988. Panama PA: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Panama PA: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 13,100.000 USD in 2017. This records an increase from the previous number of 11,990.000 USD for 2016. Panama PA: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 2,840.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 13,100.000 USD in 2017 and a record low of 490.000 USD in 1962. Panama PA: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

About this dataset

Context

The dataset presents median household incomes for various household sizes in Panama, IL, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, Panama did not include 6, or 7-person households. Across the different household sizes in Panama the mean income is $59,758, and the standard deviation is $24,559. The coefficient of variation (CV) is 41.10%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2023, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $24,583. It then further increased to $61,750 for 5-person households, the largest household size for which the bureau reported a median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Panama median household income. You can refer the same here

Panama PA: GDP: USD: Adjusted Net National Income per Capita data was reported at 11,446.632 USD in 2016. This records an increase from the previous number of 11,162.287 USD for 2015. Panama PA: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 3,063.118 USD from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 11,446.632 USD in 2016 and a record low of 815.192 USD in 1971. Panama PA: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Panama PA: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data was reported at 3.890 % in 2016. Panama PA: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data is updated yearly, averaging 3.890 % from Dec 2016 (Median) to 2016, with 1 observations. Panama PA: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Poverty. The growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

Panama PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data was reported at 4.000 % in 2016. Panama PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data is updated yearly, averaging 4.000 % from Dec 2016 (Median) to 2016, with 1 observations. Panama PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Poverty. The growth rate in the welfare aggregate of the bottom 40% is computed as the annualized average growth rate in per capita real consumption or income of the bottom 40% of the population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

Panama PA: GDP: 2010 Price: USD: GNI per Capita data was reported at 9,574.800 USD in 2016. This records an increase from the previous number of 9,405.518 USD for 2015. Panama PA: GDP: 2010 Price: USD: GNI per Capita data is updated yearly, averaging 4,397.891 USD from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 9,669.738 USD in 2014 and a record low of 1,911.271 USD in 1960. Panama PA: GDP: 2010 Price: USD: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

About this dataset

Context

The dataset presents median household incomes for various household sizes in Panama, IA, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, Panama did not include 3, 6, or 7-person households. Across the different household sizes in Panama the mean income is $111,942, and the standard deviation is $73,039. The coefficient of variation (CV) is 65.25%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $39,521. It then further increased to $135,114 for 5-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/panama-ia-median-household-income-by-household-size.jpeg" alt="Panama, IA median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Panama median household income. You can refer the same here

Panama PA: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data was reported at 9,326.816 USD in 2016. This records an increase from the previous number of 9,134.638 USD for 2015. Panama PA: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 4,268.558 USD from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 9,326.816 USD in 2016 and a record low of 2,851.546 USD in 1977. Panama PA: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2011 PPP per day data was reported at 6.980 Intl $/Day in 2016. This records an increase from the previous number of 5.740 Intl $/Day for 2011. PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2011 PPP per day data is updated yearly, averaging 6.360 Intl $/Day from Dec 2011 (Median) to 2016, with 2 observations. The data reached an all-time high of 6.980 Intl $/Day in 2016 and a record low of 5.740 Intl $/Day in 2011. PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2011 PPP per day data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Poverty. Mean consumption or income per capita (2011 PPP $ per day) used in calculating the growth rate in the welfare aggregate of the bottom 40% of the population in the income distribution in a country.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The choice of consumption or income for a country is made according to which welfare aggregate is used to estimate extreme poverty in PovcalNet. The practice adopted by the World Bank for estimating global and regional poverty is, in principle, to use per capita consumption expenditure as the welfare measure wherever available; and to use income as the welfare measure for countries for which consumption is unavailable. However, in some cases data on consumption may be available but are outdated or not shared with the World Bank for recent survey years. In these cases, if data on income are available, income is used. Whether data are for consumption or income per capita is noted in the footnotes. Because household surveys are infrequent in most countries and are not aligned across countries, comparisons across countries or over time should be made with a high degree of caution.

Panama PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2017 PPP per day data was reported at 9.100 Intl $/Day in 2023. This records a decrease from the previous number of 9.580 Intl $/Day for 2018. Panama PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2017 PPP per day data is updated yearly, averaging 9.340 Intl $/Day from Dec 2018 (Median) to 2023, with 2 observations. The data reached an all-time high of 9.580 Intl $/Day in 2018 and a record low of 9.100 Intl $/Day in 2023. Panama PA: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2017 PPP per day data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Social: Poverty and Inequality. Mean consumption or income per capita (2017 PPP $ per day) of the bottom 40%, used in calculating the growth rate in the welfare aggregate of the bottom 40% of the population in the income distribution in a country.;World Bank, Global Database of Shared Prosperity (GDSP) (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).;;The choice of consumption or income for a country is made according to which welfare aggregate is used to estimate extreme poverty in the Poverty and Inequality Platform (PIP). The practice adopted by the World Bank for estimating global and regional poverty is, in principle, to use per capita consumption expenditure as the welfare measure wherever available; and to use income as the welfare measure for countries for which consumption is unavailable. However, in some cases data on consumption may be available but are outdated or not shared with the World Bank for recent survey years. In these cases, if data on income are available, income is used. Whether data are for consumption or income per capita is noted in the footnotes. Because household surveys are infrequent in most countries and are not aligned across countries, comparisons across countries or over time should be made with a high degree of caution.

Panama PA: GNI: PPP: GNI per Capita data was reported at 21,890.000 Intl $ in 2017. This records an increase from the previous number of 20,160.000 Intl $ for 2016. Panama PA: GNI: PPP: GNI per Capita data is updated yearly, averaging 8,935.000 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 21,890.000 Intl $ in 2017 and a record low of 4,900.000 Intl $ in 1990. Panama PA: GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;

Panama PA: Survey Mean Consumption or Income per Capita: Total Population: 2011 PPP per day data was reported at 24.700 Intl $/Day in 2016. This records an increase from the previous number of 20.400 Intl $/Day for 2011. Panama PA: Survey Mean Consumption or Income per Capita: Total Population: 2011 PPP per day data is updated yearly, averaging 22.550 Intl $/Day from Dec 2011 (Median) to 2016, with 2 observations. The data reached an all-time high of 24.700 Intl $/Day in 2016 and a record low of 20.400 Intl $/Day in 2011. Panama PA: Survey Mean Consumption or Income per Capita: Total Population: 2011 PPP per day data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Poverty. Mean consumption or income per capita (2011 PPP $ per day) used in calculating the growth rate in the welfare aggregate of total population.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The choice of consumption or income for a country is made according to which welfare aggregate is used to estimate extreme poverty in PovcalNet. The practice adopted by the World Bank for estimating global and regional poverty is, in principle, to use per capita consumption expenditure as the welfare measure wherever available; and to use income as the welfare measure for countries for which consumption is unavailable. However, in some cases data on consumption may be available but are outdated or not shared with the World Bank for recent survey years. In these cases, if data on income are available, income is used. Whether data are for consumption or income per capita is noted in the footnotes. Because household surveys are infrequent in most countries and are not aligned across countries, comparisons across countries or over time should be made with a high degree of caution.

Panama PA: GNI per Capita: USD: 2015 Price data was reported at 16,078.348 USD in 2023. This records an increase from the previous number of 15,220.053 USD for 2022. Panama PA: GNI per Capita: USD: 2015 Price data is updated yearly, averaging 9,822.474 USD from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 16,078.348 USD in 2023 and a record low of 5,651.377 USD in 1996. Panama PA: GNI per Capita: USD: 2015 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2015 U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Panama PA: GNI: PPP: 2011 Price: GNI per Capita data was reported at 18,494.052 Intl $ in 2016. This records an increase from the previous number of 18,167.078 Intl $ for 2015. Panama PA: GNI: PPP: 2011 Price: GNI per Capita data is updated yearly, averaging 10,395.696 Intl $ from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 18,677.428 Intl $ in 2014 and a record low of 7,596.773 Intl $ in 1990. Panama PA: GNI: PPP: 2011 Price: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;

Panama GNI per Capita: PPP: 2021 Price data was reported at 32,462.427 Intl $ in 2022. This records an increase from the previous number of 29,210.971 Intl $ for 2021. Panama GNI per Capita: PPP: 2021 Price data is updated yearly, averaging 30,690.195 Intl $ from Dec 2018 (Median) to 2022, with 5 observations. The data reached an all-time high of 32,462.427 Intl $ in 2022 and a record low of 25,875.596 Intl $ in 2020. Panama GNI per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;