Panama

House Price to Income Ratio - Panama Compared to Continent

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Nicaragua	75.74x
Colombia	38.29x
Argentina	36.34x
Peru	31.91x
Panama	28.53x
Brazil	27.64x
Uruguay	25.88x
Costa Rica	24.60x
Ecuador	17.48x

 

 

Panama: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Panama has no house price statistics. Panama has some very basic financial statistics at the Superintendencia de Bancos de Panamá. General statistics are to be found at the Direccion de Estadística y Censo under the Controlaría General de la República de Panamá, which also has links to a number of other data areas with time-series.