Panama third in Latin America inequality gap

Two faces of Panama City

 
522Views 0Comments Posted 29/11/2019

Poverty levels have been reduced as Panama’s economy continues to grow but, it remains the third most unequal country in the region, behind Brazil and Colombia, according to the Gini index or coefficient.

This means that the country's wealth is concentrated in a tiny sector of society, according to the Gini, which is the measure most used to evaluate the degree of concentration of wealth in the population.

Of the 15 countries in the region evaluated, the lowest inequality values ​​are recorded in Argentina (0.396), Uruguay (0.391) and El Salvador (0.405), while the highest are in Brazil (0.540), Colombia (0.520) and Panama (0.498), according to the index.

 



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