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 51.8% in 2023. ▲ Rising
Adequacy of benefits in extreme poor (<$2.15 a day) (%) -All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 51.8% for adequacy of benefits in extreme poor (<$2.15 a day) (%) -all social in 2023.
The figure is down 11.0% on the previous year and up 101.3% over ten years.
Over the whole period, adequacy of benefits in extreme poor (<$2.15 a day) (%) -all social in Panama peaked at 59.5% in 2018 and was at its lowest, 12.5%, in 2008.
That places Panama 18th out of 34 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 | Value | Change |
|---|---|---|
| 2008 | 12.5% | — |
| 2009 | 30.4% | +143.9% |
| 2010 | 32.1% | +5.7% |
| 2011 | 38.4% | +19.4% |
| 2012 | 34.0% | -11.5% |
| 2013 | 25.7% | -24.3% |
| 2014 | 31.7% | +23.1% |
| 2015 | 57.9% | +82.6% |
| 2016 | 53.1% | -8.3% |
| 2017 | 58.2% | +9.5% |
| 2018 | 59.5% | +2.3% |
| 2019 | 49.9% | -16.1% |
| 2021 | 58.2% | +16.6% |
| 2023 | 51.8% | -11.0% |
Panama compared with similar countries
- Panama's 51.8% is below the median for high income countries, which is 62.9%, 82% of the median. (5 countries reporting)
- Panama's 51.8% is above the median for Latin America & Caribbean, which is 46.7%, 1.1× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.4% | 12.5% | 30.4% | 2 |
| 2010s | 44.1% | 25.7% | 59.5% | 10 |
| 2020s | 55.0% | 51.8% | 58.2% | 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 51.8% 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 59.5% in 2018.
- What is the lowest adequacy of benefits in extreme poor (<$2.15 a day) (%) -all social recorded in Panama?
- The lowest recorded value was 12.5% in 2008.
- How does Panama rank for adequacy of benefits in extreme poor (<$2.15 a day) (%) -all social?
- Panama ranks 18th 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 101.3%. 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 Protection and Labor. Statizoid updates them automatically from the source API.
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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