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Benefit-cost ratio - All Social Protection and Labor -extreme poor in Panama

Panama: Benefit-cost ratio - All Social Protection and Labor -extreme poor was 0.0118 <$2.15 a day in 2023. ▲ Rising

Latest (2023)
0.0118 <$2.15 a day
Change on year
down 8.9%
World rank
31st
of 37 countries
All-time high
0.0197 <$2.15 a day
in 2015
All-time low
0.0052 <$2.15 a day
in 2008
Years of data
14
2008–2023

Benefit-cost ratio - All Social Protection and Labor -extreme poor in Panama, 2008–2023

0.0050.010.0150.022008201520232008: 0.005 <$2.15 a day2009: 0.012 <$2.15 a day2010: 0.016 <$2.15 a day2011: 0.016 <$2.15 a day2012: 0.014 <$2.15 a day2013: 0.009 <$2.15 a day2014: 0.011 <$2.15 a day2015: 0.02 <$2.15 a day2016: 0.018 <$2.15 a day2017: 0.018 <$2.15 a day2018: 0.015 <$2.15 a day2019: 0.01 <$2.15 a day2021: 0.013 <$2.15 a day2023: 0.012 <$2.15 a day

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

Analysis

Panama recorded 0.0118 <$2.15 a day for benefit-cost ratio - all social protection and labor -extreme poor in 2023.

That represents a change of down 8.9% on the previous year and up 36.4% over ten years.

Over the whole period, benefit-cost ratio - all social protection and labor -extreme poor in Panama peaked at 0.0197 <$2.15 a day in 2015 and was at its lowest, 0.0052 <$2.15 a day, in 2008.

Panama ranks 31st of 37 countries on this measure, in the bottom quarter.

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

Benefit-cost ratio - All Social Protection and Labor -extreme poor in Panama, year by year

Year <$2.15 a day Change
2008 0.0052 <$2.15 a day —
2009 0.0117 <$2.15 a day +127.1%
2010 0.0157 <$2.15 a day +34.2%
2011 0.0156 <$2.15 a day -0.9%
2012 0.0141 <$2.15 a day -9.4%
2013 0.0087 <$2.15 a day -38.8%
2014 0.0112 <$2.15 a day +29.3%
2015 0.0197 <$2.15 a day +75.7%
2016 0.0182 <$2.15 a day -7.3%
2017 0.0184 <$2.15 a day +1.0%
2018 0.0146 <$2.15 a day -20.6%
2019 0.0103 <$2.15 a day -29.9%
2021 0.0129 <$2.15 a day +26.3%
2023 0.0118 <$2.15 a day -8.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0084 <$2.15 a day 0.0052 <$2.15 a day 0.0117 <$2.15 a day 2
2010s 0.0147 <$2.15 a day 0.0087 <$2.15 a day 0.0197 <$2.15 a day 10
2020s 0.0124 <$2.15 a day 0.0118 <$2.15 a day 0.0129 <$2.15 a day 2

Countries ranked near Panama

  1. 28 Ecuador 0.0165 <$2.15 a day compare
  2. 29 Mexico 0.0147 <$2.15 a day compare
  3. 30 El Salvador 0.0142 <$2.15 a day compare
  4. 32 Argentina 0.0094 <$2.15 a day compare
  5. 33 Costa Rica 0.0088 <$2.15 a day compare
  6. 34 Dominican Republic 0.0085 <$2.15 a day compare

See the full ranking of 37 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is benefit-cost ratio - all social protection and labor -extreme poor in Panama?
Benefit-cost ratio - all social protection and labor -extreme poor in Panama was 0.0118 <$2.15 a day in 2023, according to ASPIRE.
What is the highest benefit-cost ratio - all social protection and labor -extreme poor recorded in Panama?
The highest recorded value was 0.0197 <$2.15 a day in 2015.
What is the lowest benefit-cost ratio - all social protection and labor -extreme poor recorded in Panama?
The lowest recorded value was 0.0052 <$2.15 a day in 2008.
How does Panama rank for benefit-cost ratio - all social protection and labor -extreme poor?
Panama ranks 31st out of 37 countries with data for 2023.
Is benefit-cost ratio - all social protection and labor -extreme poor rising or falling in Panama?
Over the last ten years it is up 36.4%. 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 Benefit-cost ratio - All Social Protection and Labor -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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Benefit-cost ratio - All Social Protection and Labor -extreme poor in Panama. Statizoid, drawing on ASPIRE. Retrieved 05 September 2026, from https://labour.statizoid.com/stat/benefit-cost-ratio-all-social-protection-and-labor-extreme-poor-2-15-a-day/panama/

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About this data

Indicator
Benefit-cost ratio - All Social Protection and Labor -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 372 data points, 2002–2023
Last refreshed

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