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 2.1% in 2023. ▼ Falling

Latest (2023)
2.1%
Change on year
up 43.4%
World rank
14th
of 38 countries
All-time high
6.3%
in 2008
All-time low
1.4%
in 2019
Years of data
14
2008–2023

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

1234562008201520232008: 6.32009: 3.52010: 4.72011: 4.52012: 52013: 2.82014: 3.72015: 2.52016: 2.62017: 2.52018: 22019: 1.42021: 1.42023: 2.1

Source: ASPIRE.

Analysis

Panama recorded 2.1% for beneficiary incidence in extreme poor (<$2.15 a day) (%) -all social in 2023.

That represents a change of up 43.4% on the previous year and down 27.5% over ten years.

Over the whole period, beneficiary incidence in extreme poor (<$2.15 a day) (%) -all social in Panama peaked at 6.3% in 2008 and was at its lowest, 1.4%, in 2019.

That places Panama 14th out of 38 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.

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 Protection and Labor in Panama, 2008 to 2023.
Year Value Change
2008 6.3%
2009 3.5% -45.0%
2010 4.7% +34.5%
2011 4.5% -4.3%
2012 5.0% +12.3%
2013 2.8% -43.5%
2014 3.7% +31.1%
2015 2.5% -32.4%
2016 2.6% +4.4%
2017 2.5% -5.0%
2018 2.0% -19.0%
2019 1.4% -30.2%
2021 1.4% +1.8%
2023 2.1% +43.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.9% 3.5% 6.3% 2
2010s 3.2% 1.4% 5.0% 10
2020s 1.8% 1.4% 2.1% 2

Countries ranked near Panama

  1. 11 Peru 3.0% compare
  2. 12 Bolivia, Plurinational State of 2.6% compare
  3. 13 Paraguay 2.2% compare
  4. 15 Mexico 1.7% compare
  5. 16 El Salvador 1.7% compare
  6. 17 Sri Lanka 1.4% compare

See the full ranking of 38 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 2.1% 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 6.3% in 2008.
What is the lowest beneficiary incidence in extreme poor (<$2.15 a day) (%) -all social recorded in Panama?
The lowest recorded value was 1.4% in 2019.
How does Panama rank for beneficiary incidence in extreme poor (<$2.15 a day) (%) -all social?
Panama ranks 14th out of 38 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 down 27.5%. 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 Protection and Labor. 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 12 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-extreme-poor-2-15-a-day-percent-all-social-protection-and-labor-2/panama/

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About this data

Indicator
Beneficiary incidence in extreme poor (<$2.15 a day) (%) -All Social Protection and Labor
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
38 places, 373 data points, 2002–2023
Last refreshed

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