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 2.2% in 2023. ▲ Rising
Benefits incidence in extreme poor (<$2.15 a day) (%) -All Social in Panama, 2008–2023
Source: ASPIRE. Measured in preT.
Analysis
In 2023, benefits incidence in extreme poor (<$2.15 a day) (%) -all social in Panama stood at 2.2%.
Compared with earlier readings it is down 28.5% on the previous year and up 51.2% over ten years.
Over the whole period, benefits incidence in extreme poor (<$2.15 a day) (%) -all social in Panama peaked at 3.7% in 2015 and was at its lowest, 0.2%, in 2008.
That places Panama 29th out of 37 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Benefits incidence in extreme poor (<$2.15 a day) (%) -All Social in Panama, year by year
| Year | preT | Change |
|---|---|---|
| 2008 | 0.2% | — |
| 2009 | 1.6% | +607.5% |
| 2010 | 2.2% | +37.1% |
| 2011 | 2.5% | +12.5% |
| 2012 | 2.1% | -14.7% |
| 2013 | 1.4% | -32.2% |
| 2014 | 1.8% | +23.7% |
| 2015 | 3.7% | +106.7% |
| 2016 | 3.5% | -4.9% |
| 2017 | 3.5% | +1.6% |
| 2018 | 2.8% | -21.9% |
| 2019 | 2.1% | -25.2% |
| 2021 | 3.0% | +46.5% |
| 2023 | 2.2% | -28.5% |
Panama compared with similar countries
- Panama's 2.2% is below the median for high income countries, which is 6.9%, 31% of the median. (6 countries reporting)
- Panama's 2.2% is above the median for Latin America & Caribbean, which is 2.2%, 1.0× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Benefits incidence in extreme poor (<$2.15 a day) (%) -All Social in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +607.5% | 0.2% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | 0.2% | 1.6% | 2 |
| 2010s | 2.5% | 1.4% | 3.7% | 10 |
| 2020s | 2.6% | 2.2% | 3.0% | 2 |
Countries ranked near Panama
- 26 Bolivia, Plurinational State of 3.6% compare
- 27 Ecuador 2.9% compare
- 28 Mexico 2.5% compare
- 30 Paraguay 2.0% compare
- 31 El Salvador 2.0% compare
- 32 Costa Rica 1.7% compare
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
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 2.2% 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 3.7% in 2015.
- What is the lowest benefits incidence in extreme poor (<$2.15 a day) (%) -all social recorded in Panama?
- The lowest recorded value was 0.2% in 2008.
- How does Panama rank for benefits incidence in extreme poor (<$2.15 a day) (%) -all social?
- Panama ranks 29th out of 37 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 51.2%. 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 Benefits incidence in extreme poor (<$2.15 a day) (%) -All Social Protection and Labor (preT). Statizoid updates them automatically from the source API.
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About this data
Percentage of benefits going to the extreme poor (those below $125 a day) relative to the total benefits going to the population