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

Panama: Benefits incidence in extreme poor (<$2.15 a day) (%) - All Social was 7.9% in 2023. ▼ Falling

Latest (2023)
7.9%
Change on year
up 10.6%
World rank
25th
of 35 countries
All-time high
11.9%
in 2016
All-time low
4.9%
in 2008
Years of data
14
2008–2023

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

02.557.51012.52008201520232008: 4.9 preT2009: 10.6 preT2010: 11.6 preT2011: 11.9 preT2012: 10 preT2013: 7.2 preT2014: 8.3 preT2015: 11.2 preT2016: 11.9 preT2017: 11.7 preT2018: 9 preT2019: 7.2 preT2021: 7.2 preT2023: 7.9 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, benefits incidence in extreme poor (<$2.15 a day) (%) - all social in Panama stood at 7.9%.

The figure is up 10.6% on the previous year and up 9.8% over ten years.

Over the whole period, benefits incidence in extreme poor (<$2.15 a day) (%) - all social in Panama peaked at 11.9% in 2016 and was at its lowest, 4.9%, in 2008.

That places Panama 25th out of 35 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.

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

Annual values for Benefits incidence in extreme poor (<$2.15 a day) (%) - All Social Assistance (preT) in Panama, 2008 to 2023.
Year preT Change
2008 4.9%
2009 10.6% +117.4%
2010 11.6% +10.1%
2011 11.9% +2.5%
2012 10.0% -16.4%
2013 7.2% -27.7%
2014 8.3% +15.2%
2015 11.2% +34.6%
2016 11.9% +6.6%
2017 11.7% -2.0%
2018 9.0% -22.8%
2019 7.2% -20.8%
2021 7.2% +0.1%
2023 7.9% +10.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.7% 4.9% 10.6% 2
2010s 10.0% 7.2% 11.9% 10
2020s 7.5% 7.2% 7.9% 2

Countries ranked near Panama

  1. 22 Peru 10.0% compare
  2. 23 Mongolia 9.8% compare
  3. 24 Kazakhstan 8.8% compare
  4. 26 Colombia 7.9% compare
  5. 27 Argentina 7.9% compare
  6. 28 Mexico 7.4% compare

See the full ranking of 35 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in extreme poor (<$2.15 a day) (%) - all social in Panama?
Benefits incidence in extreme poor (<$2.15 a day) (%) - all social in Panama was 7.9% in 2023, according to ASPIRE.
What is the highest benefits incidence in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
The highest recorded value was 11.9% in 2016.
What is the lowest benefits incidence in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
The lowest recorded value was 4.9% in 2008.
How does Panama rank for benefits incidence in extreme poor (<$2.15 a day) (%) - all social?
Panama ranks 25th out of 35 countries with data for 2023.
Is benefits incidence in extreme poor (<$2.15 a day) (%) - all social rising or falling in Panama?
Over the last ten years it is up 9.8%. 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 Benefits incidence in extreme poor (<$2.15 a day) (%) - All Social Assistance (preT). Statizoid updates them automatically from the source API.

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Benefits incidence in extreme poor (<$2.15 a day) (%) - All Social in Panama. Statizoid, drawing on ASPIRE. Retrieved 11 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-extreme-poor-2-15-a-day-percent-all-social-assistance-pret/panama/

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About this data

Indicator
Benefits incidence in extreme poor (<$2.15 a day) (%) - All Social Assistance (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 347 data points, 2004–2023
Last refreshed

Percentage of benefits going to the extreme poor (those below $125 a day) relative to the total benefits going to the population