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Benefit-cost ratio - All Social Insurance -extreme poor in Panama

Panama: Benefit-cost ratio - All Social Insurance -extreme poor was 0.0019 <$2.15 a day in 2023. ▼ Falling

Latest (2023)
0.0019 <$2.15 a day
Change on year
down 13.5%
World rank
31st
of 34 countries
All-time high
0.0045 <$2.15 a day
in 2008
All-time low
0.0017 <$2.15 a day
in 2015
Years of data
14
2008–2023

Benefit-cost ratio - All Social Insurance -extreme poor in Panama, 2008–2023

00.0010.0020.0030.0040.0052008201520232008: 0.005 <$2.15 a day2009: 0.003 <$2.15 a day2010: 0.004 <$2.15 a day2011: 0.004 <$2.15 a day2012: 0.004 <$2.15 a day2013: 0.002 <$2.15 a day2014: 0.002 <$2.15 a day2015: 0.002 <$2.15 a day2016: 0.002 <$2.15 a day2017: 0.002 <$2.15 a day2018: 0.002 <$2.15 a day2019: 0.002 <$2.15 a day2021: 0.002 <$2.15 a day2023: 0.002 <$2.15 a day

Source: ASPIRE. Measured in <$2.15 a day.

Analysis

In 2023, benefit-cost ratio - all social insurance -extreme poor in Panama stood at 0.0019 <$2.15 a day.

That represents a change of down 13.5% on the previous year and down 17.3% over ten years.

Over the whole period, benefit-cost ratio - all social insurance -extreme poor in Panama peaked at 0.0045 <$2.15 a day in 2008 and was at its lowest, 0.0017 <$2.15 a day, in 2015.

That places Panama 31st out of 34 countries with data for 2023, putting it in the bottom quarter.

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

Benefit-cost ratio - All Social Insurance -extreme poor in Panama, year by year

Year <$2.15 a day Change
2008 0.0045 <$2.15 a day —
2009 0.0035 <$2.15 a day -23.2%
2010 0.0044 <$2.15 a day +25.1%
2011 0.0043 <$2.15 a day -1.2%
2012 0.0035 <$2.15 a day -18.3%
2013 0.0024 <$2.15 a day -33.2%
2014 0.0022 <$2.15 a day -4.9%
2015 0.0017 <$2.15 a day -24.3%
2016 0.0021 <$2.15 a day +22.1%
2017 0.0024 <$2.15 a day +15.9%
2018 0.002 <$2.15 a day -14.9%
2019 0.002 <$2.15 a day -1.1%
2021 0.0022 <$2.15 a day +11.4%
2023 0.0019 <$2.15 a day -13.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.004 <$2.15 a day 0.0035 <$2.15 a day 0.0045 <$2.15 a day 2
2010s 0.0027 <$2.15 a day 0.0017 <$2.15 a day 0.0044 <$2.15 a day 10
2020s 0.0021 <$2.15 a day 0.0019 <$2.15 a day 0.0022 <$2.15 a day 2

Countries ranked near Panama

  1. 28 Dominican Republic 0.0038 <$2.15 a day compare
  2. 29 Mexico 0.003 <$2.15 a day compare
  3. 30 Costa Rica 0.0029 <$2.15 a day compare
  4. 32 Bolivia 0.0003 <$2.15 a day compare
  5. 33 El Salvador 0.0002 <$2.15 a day compare
  6. 34 Paraguay 0.0001 <$2.15 a day compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is benefit-cost ratio - all social insurance -extreme poor in Panama?
Benefit-cost ratio - all social insurance -extreme poor in Panama was 0.0019 <$2.15 a day in 2023, according to ASPIRE.
What is the highest benefit-cost ratio - all social insurance -extreme poor recorded in Panama?
The highest recorded value was 0.0045 <$2.15 a day in 2008.
What is the lowest benefit-cost ratio - all social insurance -extreme poor recorded in Panama?
The lowest recorded value was 0.0017 <$2.15 a day in 2015.
How does Panama rank for benefit-cost ratio - all social insurance -extreme poor?
Panama ranks 31st out of 34 countries with data for 2023.
Is benefit-cost ratio - all social insurance -extreme poor rising or falling in Panama?
Over the last ten years it is down 17.3%. 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 Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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Benefit-cost ratio - All Social Insurance -extreme poor in Panama. Statizoid, drawing on ASPIRE. Retrieved 02 September 2026, from https://labour.statizoid.com/stat/benefit-cost-ratio-all-social-insurance-extreme-poor-2-15-a-day/panama/

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About this data

Indicator
Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)