National income per capita Panama 2023| Statista

The national gross income per capita in Panama increased by 960 U.S. dollars (+5.63 percent) in 2023 in comparison to the previous year. With 18,010 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 value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.

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.

Gross national income per capita in Panama from 2013 to 2023 (in U.S. dollars)

Characteristic	Income per capita in U.S. dollars
2023	18,010
2022	17,050
2021	14,930
2020	12,930
2019	15,340
2018	14,820
2017	13,770
2016	12,810
2015	12,240
2014	11,220
2013	10,670

02,5005,0007,50010,00012,50015,00017,50020,000

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Release date

October 2024

More information

Region

Panama

Survey time period

2013 to 2023

Special properties

Based on current prices

Supplementary notes

The source provides the following additional information: 'GNI 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.'

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