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 1.2% in 2023. ▼ Falling

Latest (2023)
1.2%
Change on year
up 117.6%
World rank
18th
of 34 countries
All-time high
3.2%
in 2012
All-time low
0.6%
in 2021
Years of data
14
2008–2023

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

1232008201520232008: 2.32009: 2.82010: 2.92011: 3.12012: 3.22013: 1.52014: 2.32015: 1.82016: 1.82017: 1.82018: 1.52019: 0.8352021: 0.5732023: 1.2

Source: ASPIRE.

Analysis

Panama recorded 1.2% for benefits incidence in extreme poor (<$2.15 a day) (%) - all social in 2023.

Compared with earlier readings it is up 117.6% on the previous year and down 14.1% over ten years.

Over the whole period, benefits incidence in extreme poor (<$2.15 a day) (%) - all social in Panama peaked at 3.2% in 2012 and was at its lowest, 0.6%, in 2021.

That places Panama 18th out of 34 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 in Panama, 2008 to 2023.
Year Value Change
2008 2.3%
2009 2.8% +24.1%
2010 2.9% +3.2%
2011 3.1% +5.7%
2012 3.2% +2.3%
2013 1.5% -54.3%
2014 2.3% +55.4%
2015 1.8% -18.3%
2016 1.8% -1.9%
2017 1.8% -2.2%
2018 1.5% -17.3%
2019 0.8% -43.0%
2021 0.6% -31.4%
2023 1.2% +117.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6% 2.3% 2.8% 2
2010s 2.1% 0.8% 3.2% 10
2020s 0.9% 0.6% 1.2% 2

Countries ranked near Panama

  1. 15 Sri Lanka 1.5% compare
  2. 16 Bolivia, Plurinational State of 1.4% compare
  3. 17 Serbia 1.3% compare
  4. 19 Mexico 1.2% compare
  5. 20 Paraguay 1.2% compare
  6. 21 Argentina 0.9% compare

See the full ranking of 34 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 1.2% 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 3.2% in 2012.
What is the lowest benefits incidence in extreme poor (<$2.15 a day) (%) - all social recorded in Panama?
The lowest recorded value was 0.6% in 2021.
How does Panama rank for benefits incidence in extreme poor (<$2.15 a day) (%) - all social?
Panama ranks 18th out of 34 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 down 14.1%. 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 Benefits incidence in extreme poor (<$2.15 a day) (%) - All Social Assistance. 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 08 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-extreme-poor-2-15-a-day-percent-all-social-assistance/panama/

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About this data

Indicator
Benefits incidence in extreme poor (<$2.15 a day) (%) - All Social Assistance
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 331 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