Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social in Panama

Panama: Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social was 0.6% in 2023. ▼ Falling

Latest (2023)
0.6%
Change on year
down 54.5%
World rank
30th
of 37 countries
All-time high
1.4%
in 2015
All-time low
0.3%
in 2013
Years of data
14
2008–2023

Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social in Panama, 2008–2023

0.250.50.7511.21.52008201520232008: 0.767 preT2009: 0.955 preT2010: 1.1 preT2011: 1.2 preT2012: 1.3 preT2013: 0.322 preT2014: 0.647 preT2015: 1.4 preT2016: 1 preT2017: 1.3 preT2018: 0.968 preT2019: 0.354 preT2021: 1.2 preT2023: 0.554 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 0.6% for beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social in 2023.

That represents a change of down 54.5% on the previous year and up 72.1% over ten years.

Over the whole period, beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social in Panama peaked at 1.4% in 2015 and was at its lowest, 0.3%, in 2013.

Panama ranks 30th of 37 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 14 years of available data.

Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social in Panama, year by year

Annual values for Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social Insurance (preT) in Panama, 2008 to 2023.
Year preT Change
2008 0.8%
2009 1.0% +24.6%
2010 1.1% +15.0%
2011 1.2% +8.8%
2012 1.3% +5.3%
2013 0.3% -74.4%
2014 0.6% +101.0%
2015 1.4% +116.8%
2016 1.0% -27.9%
2017 1.3% +31.3%
2018 1.0% -27.2%
2019 0.4% -63.4%
2021 1.2% +244.1%
2023 0.6% -54.5%

Panama compared with similar countries

  • Panama's 0.6% is below the median for high income countries, which is 1.0%, 56% of the median. (7 countries reporting)
  • Panama's 0.6% is below the median for Latin America & Caribbean, which is 0.6%, 88% of the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9% 0.8% 1.0% 2
2010s 1.0% 0.3% 1.4% 10
2020s 0.9% 0.6% 1.2% 2

Countries ranked near Panama

  1. 27 Mexico 0.8% compare
  2. 28 Costa Rica 0.7% compare
  3. 29 Argentina 0.6% compare
  4. 31 Uruguay 0.4% compare
  5. 32 Peru 0.3% compare
  6. 33 El Salvador 0.3% compare

See the full ranking of 37 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social in Panama?
Beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social in Panama was 0.6% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
The highest recorded value was 1.4% in 2015.
What is the lowest beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
The lowest recorded value was 0.3% in 2013.
How does Panama rank for beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social?
Panama ranks 30th out of 37 countries with data for 2023.
Is beneficiary incidence in extreme poor (<$2.15 a day) (%) - all social rising or falling in Panama?
Over the last ten years it is up 72.1%. 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 Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social Insurance (preT). Statizoid updates them automatically from the source API.

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Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social in Panama. Statizoid, drawing on ASPIRE. Retrieved 13 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-extreme-poor-2-15-a-day-percent-all-social-insurance-pret/panama/

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About this data

Indicator
Beneficiary incidence in extreme poor (<$2.15 a day) (%) - All Social Insurance (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 368 data points, 2002–2023
Last refreshed

Percentage of program beneficiaries in a quintile relative to the total number of beneficiaries in the population