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

Panama: Gini inequality index reduction (%) - All Social Insurance -urban was 2.2% in 2023. ▲ Rising

Latest (2023)
2.2%
Change on year
up 100.0%
World rank
20th
of 34 countries
All-time high
2.2%
in 2023
All-time low
0.6%
in 2013
Years of data
14
2008–2023

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

0.511.522008201520232008: 1.52009: 1.12010: 0.9452011: 1.92012: 1.62013: 0.5542014: 1.52015: 22016: 0.9412017: 1.72018: 1.92019: 1.92021: 1.12023: 2.2

Source: ASPIRE.

Analysis

Panama recorded 2.2% for gini inequality index reduction (%) - all social insurance -urban in 2023. That is the highest value across all 14 years on record.

That represents a change of up 100.0% on the previous year and up 290.0% over ten years.

Over the whole period, gini inequality index reduction (%) - all social insurance -urban in Panama peaked at 2.2% in 2023 and was at its lowest, 0.6%, in 2013.

Panama ranks 20th of 34 countries on this measure, in the middle of the range.

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

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

Annual values for Gini inequality index reduction (%) - All Social Insurance -urban in Panama, 2008 to 2023.
Year Value Change
2008 1.5%
2009 1.1% -23.2%
2010 0.9% -16.5%
2011 1.9% +105.8%
2012 1.6% -16.5%
2013 0.6% -65.9%
2014 1.5% +169.9%
2015 2.0% +32.1%
2016 0.9% -52.4%
2017 1.7% +86.0%
2018 1.9% +9.3%
2019 1.9% +0.4%
2021 1.1% -43.7%
2023 2.2% +100.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.3% 1.1% 1.5% 2
2010s 1.5% 0.6% 2.0% 10
2020s 1.6% 1.1% 2.2% 2

Countries ranked near Panama

  1. 17 Chile 5.2% compare
  2. 18 Brazil 4.2% compare
  3. 19 Viet Nam 2.8% compare
  4. 21 Sri Lanka 1.5% compare
  5. 22 Costa Rica 1.3% compare
  6. 23 South Africa 1.2% compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is gini inequality index reduction (%) - all social insurance -urban in Panama?
Gini inequality index reduction (%) - all social insurance -urban in Panama was 2.2% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all social insurance -urban recorded in Panama?
The highest recorded value was 2.2% in 2023.
What is the lowest gini inequality index reduction (%) - all social insurance -urban recorded in Panama?
The lowest recorded value was 0.6% in 2013.
How does Panama rank for gini inequality index reduction (%) - all social insurance -urban?
Panama ranks 20th out of 34 countries with data for 2023.
Is gini inequality index reduction (%) - all social insurance -urban rising or falling in Panama?
Over the last ten years it is up 290.0%. 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 Gini inequality index reduction (%) - All Social Insurance -urban. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Gini inequality index reduction (%) - All Social Insurance -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 04 September 2026, from https://labour.statizoid.com/stat/gini-inequality-index-reduction-percent-all-social-insurance-urban/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://labour.statizoid.com/stat/gini-inequality-index-reduction-percent-all-social-insurance-urban/panama/">Gini inequality index reduction (%) - All Social Insurance -urban in Panama</a> — Statizoid

About this data

Indicator
Gini inequality index reduction (%) - All Social Insurance -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

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