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 42.9% in 2023. ▼ Falling
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 42.9%.
Compared with earlier readings it is down 6.3% on the previous year and up 3.8% over ten years.
Over the whole period, adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social in Panama peaked at 93.4% in 2011 and was at its lowest, 32.7%, in 2016.
Panama ranks 31st of 34 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling 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 | 77.9% | — |
| 2009 | 46.4% | -40.4% |
| 2010 | 60.4% | +30.0% |
| 2011 | 93.4% | +54.7% |
| 2012 | 46.7% | -50.1% |
| 2013 | 41.3% | -11.5% |
| 2014 | 60.7% | +47.1% |
| 2015 | 44.9% | -26.0% |
| 2016 | 32.7% | -27.2% |
| 2017 | 44.4% | +36.0% |
| 2018 | 41.7% | -6.2% |
| 2019 | 41.3% | -0.8% |
| 2021 | 45.7% | +10.6% |
| 2023 | 42.9% | -6.3% |
Panama compared with similar countries
- Panama's 42.9% is below the median for high income countries, which is 71.8%, 60% of the median. (6 countries reporting)
- Panama's 42.9% is below the median for Latin America & Caribbean, which is 56.8%, 76% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62.2% | 46.4% | 77.9% | 2 |
| 2010s | 50.7% | 32.7% | 93.4% | 10 |
| 2020s | 44.3% | 42.9% | 45.7% | 2 |
Countries ranked near Panama
- 28 Argentina 54.7% compare
- 29 Mexico 50.5% compare
- 30 Costa Rica 50.3% compare
- 32 El Salvador 30.7% compare
- 33 Bolivia, Plurinational State of 22.3% compare
- 34 Honduras 22.1% compare
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 42.9% 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 93.4% in 2011.
- What is the lowest adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
- The lowest recorded value was 32.7% in 2016.
- How does Panama rank for adequacy of benefits in extreme poor (<$2.15 a day) (%) - all social?
- Panama ranks 31st out of 34 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 3.8%. The long-run trend across the full record is falling.
- 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 Insurance (preT). Statizoid updates them automatically from the source API.
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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