Which has higher getting electricity: cost to get electricity, Iceland or Panama?

Panama, at 15.3% against 10.3% in Iceland as of 2019.

How many years of comparable data are there for Iceland and Panama?

11 years are reported by both, from 2009 to 2019.

Where does this data come from?

The World Bank, published as Getting electricity: Cost to get electricity (% of income per capita). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs Panama: Getting electricity: Cost to get electricity

Iceland

10.3%

in 2019

Panama

15.3%

in 2019

Iceland rank

179th

Panama rank

176th

Getting electricity: Cost to get electricity over time

Iceland
Panama

How they compare

Panama currently reports 15.3% against 10.3% in Iceland, a difference of 5.0%.

That makes Panama's figure about 1.5 times Iceland's.

The two have swapped places 2 times across 11 shared years of data; in 2009 it was Panama ahead.

Iceland ranks 179th and Panama ranks 176th of 189 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Iceland	Panama	Difference	Ahead
2000s	8.7%	17.3%	8.6%	Panama
2010s	11.4%	13.1%	1.7%	Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher getting electricity: cost to get electricity, Iceland or Panama?: Panama, at 15.3% against 10.3% in Iceland as of 2019.
What is the difference in getting electricity: cost to get electricity between Iceland and Panama?: 5.0%, with Panama ahead.
How many years of comparable data are there for Iceland and Panama?: 11 years are reported by both, from 2009 to 2019.
How do Iceland and Panama rank globally for getting electricity: cost to get electricity?: Iceland ranks 179th and Panama ranks 176th of 189 countries.
Where does this data come from?: The World Bank, published as Getting electricity: Cost to get electricity (% of income per capita). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Panama: Getting electricity: Cost to get electricity. Statizoid. Retrieved 14 September 2026, from https://private-sector.statizoid.com/compare/getting-electricity-cost-to-get-electricity-percent-of-income-per-capita/iceland/panama/

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About this data

Indicator: Getting electricity: Cost to get electricity (% of income per capita)
Unit: % of income per capita
Source: World Bank
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 189 places, 2,056 data points, 2009–2019
Last refreshed: 07 September 2026

The cost is the total median cost associated with completing the procedures to connect a warehouse to electricity. It is calculated as a percentage of income per capita. All the fees and costs associated with completing the procedures to connect a warehouse to electricity are recorded, including those related to obtaining clearances from government agencies, applying for the connection, receiving inspections of both the site and the internal wiring, purchasing material, getting the actual connection works and paying a security deposit. Bribes are not included.