Adequacy of benefits in extreme poor (<$2.15 a day) (%) - All Social in Panama
Panama: Adequacy of benefits in extreme poor (<$2.15 a day) (%) - All Social was 56.3% in 2023. ▲ Rising
Adequacy of benefits in extreme poor (<$2.15 a day) (%) - All Social in Panama, 2008–2023
Source: ASPIRE. Measured in preT.
Analysis
In 2023, adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social in Panama stood at 56.3%.
Compared with earlier readings it is down 12.9% on the previous year and up 42.1% over ten years.
Over the whole period, adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social in Panama peaked at 64.6% in 2021 and was at its lowest, 14.7%, in 2008.
That places Panama 13th out of 35 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Adequacy of benefits in extreme poor (<$2.15 a day) (%) - All Social in Panama, year by year
| Year | preT | Change |
|---|---|---|
| 2008 | 14.7% | — |
| 2009 | 36.0% | +144.8% |
| 2010 | 40.9% | +13.6% |
| 2011 | 44.1% | +7.7% |
| 2012 | 41.2% | -6.5% |
| 2013 | 39.6% | -3.9% |
| 2014 | 39.2% | -1.1% |
| 2015 | 57.2% | +45.9% |
| 2016 | 57.1% | -0.1% |
| 2017 | 62.8% | +10.0% |
| 2018 | 59.0% | -6.1% |
| 2019 | 57.3% | -2.9% |
| 2021 | 64.6% | +12.7% |
| 2023 | 56.3% | -12.9% |
Panama compared with similar countries
- Panama's 56.3% is below the median for high income countries, which is 60.0%, 94% of the median. (6 countries reporting)
- Panama's 56.3% is above the median for Latin America & Caribbean, which is 48.7%, 1.2× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Adequacy of benefits in extreme poor (<$2.15 a day) (%) - All Social in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +144.8% | 14.7% | 36.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.4% | 14.7% | 36.0% | 2 |
| 2010s | 49.9% | 39.2% | 62.8% | 10 |
| 2020s | 60.5% | 56.3% | 64.6% | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social in Panama?
- Adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social in Panama was 56.3% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
- The highest recorded value was 64.6% in 2021.
- What is the lowest adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
- The lowest recorded value was 14.7% in 2008.
- How does Panama rank for adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social?
- Panama ranks 13th out of 35 countries with data for 2023.
- Is adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social rising or falling in Panama?
- Over the last ten years it is up 42.1%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in extreme poor (<$2.15 a day) (%) - All Social Assistance (preT). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group