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

Panama: Gini inequality index reduction (%) - All Social Insurance was 1.0% in 2023. ◆ Volatile

Latest (2023)
1.0%
Change on year
up 303.7%
World rank
21st
of 34 countries
All-time high
1.0%
in 2023
All-time low
-0.4%
in 2013
Years of data
14
2008–2023

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

-0.500.512008201520232008: 0.4372009: -0.2652010: -0.3392011: 0.7142012: 0.4932013: -0.4042014: 0.322015: 0.9442016: 0.1942017: 0.8862018: 0.9792019: 0.9982021: 0.2532023: 1

Source: ASPIRE.

Analysis

The most recent figure for gini inequality index reduction (%) - all social insurance in Panama is 1.0%, measured in 2023. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 303.7% on the previous year and up 352.8% over ten years.

Over the whole period, gini inequality index reduction (%) - all social insurance in Panama peaked at 1.0% in 2023 and was at its lowest, -0.4%, in 2013.

Panama ranks 21st of 34 countries on this measure, in the middle of the range.

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

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

Annual values for Gini inequality index reduction (%) - All Social Insurance in Panama, 2008 to 2023.
Year Value Change
2008 0.4%
2009 -0.3% -160.7%
2010 -0.3% +27.8%
2011 0.7% -310.3%
2012 0.5% -31.0%
2013 -0.4% -182.1%
2014 0.3% -179.3%
2015 0.9% +194.5%
2016 0.2% -79.4%
2017 0.9% +356.7%
2018 1.0% +10.5%
2019 1.0% +1.9%
2021 0.3% -74.6%
2023 1.0% +303.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% -0.3% 0.4% 2
2010s 0.5% -0.4% 1.0% 10
2020s 0.6% 0.3% 1.0% 2

Countries ranked near Panama

  1. 18 Thailand 3.3% compare
  2. 19 Sri Lanka 1.5% compare
  3. 20 Viet Nam 1.0% compare
  4. 22 Costa Rica 0.8% compare
  5. 23 South Africa 0.8% compare
  6. 24 Pakistan 0.3% 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 in Panama?
Gini inequality index reduction (%) - all social insurance in Panama was 1.0% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all social insurance recorded in Panama?
The highest recorded value was 1.0% in 2023.
What is the lowest gini inequality index reduction (%) - all social insurance recorded in Panama?
The lowest recorded value was -0.4% in 2013.
How does Panama rank for gini inequality index reduction (%) - all social insurance?
Panama ranks 21st out of 34 countries with data for 2023.
Is gini inequality index reduction (%) - all social insurance rising or falling in Panama?
Over the last ten years it is up 352.8%. 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. Statizoid updates them automatically from the source API.

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Gini inequality index reduction (%) - All Social Insurance in Panama. Statizoid, drawing on ASPIRE. Retrieved 27 August 2026, from https://labour.statizoid.com/stat/gini-inequality-index-reduction-percent-all-social-insurance/panama/

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About this data

Indicator
Gini inequality index reduction (%) - All Social Insurance
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