Gini Coefficient in Panama was reported at 0.50696 in 2014, according to the World Bank collection of development indicators, compiled from officially recognized sources. Panama - Gini Coefficient - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2020.


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 panama gini coefficient wb data


The Gini coefficient is most common measure of inequality. It is based on the Lorenz curve, a cumulative frequency curve that compares the distribution of a specific variable (in this case, income) with the uniform distribution that represents equality. The Gini coefficient is bounded by 0 (indicating perfect equality of income) and 1, which means complete inequality. This calculation includes observations of 0 income.


Panama | World Bank Development Indicators