Adequacy of benefits in extreme poor (<$2.15 a day) (%) - Domestic in Panama
Panama: Adequacy of benefits in extreme poor (<$2.15 a day) (%) - Domestic was 41.0% in 2023. ▼ Falling
Adequacy of benefits in extreme poor (<$2.15 a day) (%) - Domestic in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 41.0% for adequacy of benefits in extreme poor (<$2.15 a day) (%) - domestic in 2023.
The figure is up 50.6% on the previous year and down 24.2% over ten years.
Over the whole period, adequacy of benefits in extreme poor (<$2.15 a day) (%) - domestic in Panama peaked at 54.1% in 2013 and was at its lowest, 15.7%, in 2016.
That places Panama 9th out of 26 countries with data for 2023, putting it in the middle of the range.
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) (%) - Domestic in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 38.1% | — |
| 2009 | 27.7% | -27.2% |
| 2010 | 47.0% | +69.5% |
| 2011 | 27.9% | -40.5% |
| 2012 | 40.1% | +43.4% |
| 2013 | 54.1% | +35.1% |
| 2014 | 52.9% | -2.3% |
| 2015 | 28.0% | -47.1% |
| 2016 | 15.7% | -43.9% |
| 2017 | 28.8% | +83.1% |
| 2018 | 21.9% | -24.0% |
| 2019 | 24.2% | +10.6% |
| 2021 | 27.2% | +12.6% |
| 2023 | 41.0% | +50.6% |
Panama compared with similar countries
- Panama's 41.0% is below the median for high income countries, which is 50.2%, 82% of the median. (5 countries reporting)
- Panama's 41.0% is above the median for Latin America & Caribbean, which is 37.5%, 1.1× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.9% | 27.7% | 38.1% | 2 |
| 2010s | 34.0% | 15.7% | 54.1% | 10 |
| 2020s | 34.1% | 27.2% | 41.0% | 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) (%) - domestic in Panama?
- Adequacy of benefits in extreme poor (<$2.15 a day) (%) - domestic in Panama was 41.0% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in extreme poor (<$2.15 a day) (%) - domestic recorded in Panama?
- The highest recorded value was 54.1% in 2013.
- What is the lowest adequacy of benefits in extreme poor (<$2.15 a day) (%) - domestic recorded in Panama?
- The lowest recorded value was 15.7% in 2016.
- How does Panama rank for adequacy of benefits in extreme poor (<$2.15 a day) (%) - domestic?
- Panama ranks 9th out of 26 countries with data for 2023.
- Is adequacy of benefits in extreme poor (<$2.15 a day) (%) - domestic rising or falling in Panama?
- Over the last ten years it is down 24.2%. 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) (%) - Domestic Private Transfers. 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