Gini inequality index reduction (%) - All Social Insurance -rural in Panama

Panama: Gini inequality index reduction (%) - All Social Insurance -rural was -0.4% in 2023. ◆ Volatile

Latest (2023)
-0.4%
Change on year
up 28.8%
World rank
26th
of 31 countries
All-time high
-0.2%
in 2017
All-time low
-2.0%
in 2009
Years of data
14
2008–2023

Gini inequality index reduction (%) - All Social Insurance -rural in Panama, 2008–2023

-2-1.5-1-0.502008201520232008: -0.5212009: -22010: -1.62011: -0.8482012: -0.6922013: -1.52014: -1.22015: -0.3882016: -0.5082017: -0.1912018: -0.2532019: -0.2542021: -0.6032023: -0.43

Source: ASPIRE.

Analysis

Panama recorded -0.4% for gini inequality index reduction (%) - all social insurance -rural in 2023.

The figure is up 28.8% on the previous year and up 72.1% over ten years.

Over the whole period, gini inequality index reduction (%) - all social insurance -rural in Panama peaked at -0.2% in 2017 and was at its lowest, -2.0%, in 2009.

Panama ranks 26th of 31 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gini inequality index reduction (%) - All Social Insurance -rural in Panama, year by year

Annual values for Gini inequality index reduction (%) - All Social Insurance -rural in Panama, 2008 to 2023.
Year Value Change
2008 -0.5%
2009 -2.0% +288.6%
2010 -1.6% -21.6%
2011 -0.8% -46.6%
2012 -0.7% -18.3%
2013 -1.5% +122.3%
2014 -1.2% -20.8%
2015 -0.4% -68.2%
2016 -0.5% +30.9%
2017 -0.2% -62.5%
2018 -0.3% +32.5%
2019 -0.3% +0.6%
2021 -0.6% +137.3%
2023 -0.4% -28.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s -1.3% -2.0% -0.5% 2
2010s -0.7% -1.6% -0.2% 10
2020s -0.5% -0.6% -0.4% 2

Countries ranked near Panama

  1. 23 El Salvador -0.0% compare
  2. 24 Côte d'Ivoire -0.1% compare
  3. 25 Bolivia, Plurinational State of -0.3% compare
  4. 27 Peru -0.5% compare
  5. 28 Mexico -0.7% compare
  6. 29 Ecuador -1.2% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is gini inequality index reduction (%) - all social insurance -rural in Panama?
Gini inequality index reduction (%) - all social insurance -rural in Panama was -0.4% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all social insurance -rural recorded in Panama?
The highest recorded value was -0.2% in 2017.
What is the lowest gini inequality index reduction (%) - all social insurance -rural recorded in Panama?
The lowest recorded value was -2.0% in 2009.
How does Panama rank for gini inequality index reduction (%) - all social insurance -rural?
Panama ranks 26th out of 31 countries with data for 2023.
Is gini inequality index reduction (%) - all social insurance -rural rising or falling in Panama?
Over the last ten years it is up 72.1%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Gini inequality index reduction (%) - All Social Insurance -rural. Statizoid updates them automatically from the source API.

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Gini inequality index reduction (%) - All Social Insurance -rural in Panama. Statizoid, drawing on ASPIRE. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/gini-inequality-index-reduction-percent-all-social-insurance-rural/panama/

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About this data

Indicator
Gini inequality index reduction (%) - All Social Insurance -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 292 data points, 2002–2023
Last refreshed

Gini inequality index reduction due to Social Insurance programs as % of pre-transfer Gini index