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 57.4% 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
Panama recorded 57.4% for adequacy of benefits in extreme poor (<$2.15 a day) (%) -all social in 2023.
That represents a change of down 14.1% on the previous year and up 42.8% over ten years.
Over the whole period, adequacy of benefits in extreme poor (<$2.15 a day) (%) -all social in Panama peaked at 66.8% in 2021 and was at its lowest, 28.5%, in 2008.
That places Panama 25th out of 37 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 | 28.5% | — |
| 2009 | 37.9% | +33.1% |
| 2010 | 42.5% | +12.3% |
| 2011 | 48.6% | +14.4% |
| 2012 | 43.4% | -10.8% |
| 2013 | 40.2% | -7.4% |
| 2014 | 40.5% | +0.6% |
| 2015 | 59.2% | +46.3% |
| 2016 | 58.1% | -1.9% |
| 2017 | 64.6% | +11.2% |
| 2018 | 61.0% | -5.6% |
| 2019 | 58.2% | -4.6% |
| 2021 | 66.8% | +14.7% |
| 2023 | 57.4% | -14.1% |
Panama compared with similar countries
- Panama's 57.4% is below the median for high income countries, which is 105.4%, 54% of the median. (6 countries reporting)
- Panama's 57.4% is above the median for Latin America & Caribbean, which is 51.0%, 1.1× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.2% | 28.5% | 37.9% | 2 |
| 2010s | 51.6% | 40.2% | 64.6% | 10 |
| 2020s | 62.1% | 57.4% | 66.8% | 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 57.4% 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 66.8% 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 28.5% in 2008.
- How does Panama rank for adequacy of benefits in extreme poor (<$2.15 a day) (%) -all social?
- Panama ranks 25th out of 37 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 42.8%. 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 (preT). 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