Gini inequality index reduction (%) - All Social Protection and Labor in Panama

Panama: Gini inequality index reduction (%) - All Social Protection and Labor was 10.1% in 2023. ▲ Rising

Latest (2023)
10.1%
Change on year
down 16.3%
World rank
19th
of 36 countries
All-time high
12.1%
in 2021
All-time low
0.9%
in 2008
Years of data
14
2008–2023

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

02.557.51012.52008201520232008: 0.8672009: 4.42010: 6.12011: 6.22012: 5.82013: 52014: 5.32015: 11.52016: 11.92017: 11.42018: 10.12019: 9.92021: 12.12023: 10.1

Source: ASPIRE.

Analysis

The most recent figure for gini inequality index reduction (%) - all social protection and labor in Panama is 10.1%, measured in 2023.

The figure is down 16.3% on the previous year and up 104.0% over ten years.

Over the whole period, gini inequality index reduction (%) - all social protection and labor in Panama peaked at 12.1% in 2021 and was at its lowest, 0.9%, in 2008.

That places Panama 19th out of 36 countries with data for 2023, putting it 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 Protection and Labor in Panama, year by year

Annual values for Gini inequality index reduction (%) - All Social Protection and Labor -rural in Panama, 2008 to 2023.
Year Value Change
2008 0.9%
2009 4.4% +412.9%
2010 6.1% +37.8%
2011 6.2% +0.5%
2012 5.8% -5.0%
2013 5.0% -15.0%
2014 5.3% +6.1%
2015 11.5% +119.0%
2016 11.9% +3.4%
2017 11.4% -4.6%
2018 10.1% -11.7%
2019 9.9% -1.2%
2021 12.1% +22.0%
2023 10.1% -16.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.7% 0.9% 4.4% 2
2010s 8.3% 5.0% 11.9% 10
2020s 11.1% 10.1% 12.1% 2

Countries ranked near Panama

  1. 17 Türkiye 14.7% compare
  2. 18 Viet Nam 12.2% compare
  3. 20 Costa Rica 9.2% compare
  4. 21 Bolivia, Plurinational State of 8.4% compare
  5. 22 Mexico 8.3% compare

See the full ranking of 36 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is gini inequality index reduction (%) - all social protection and labor in Panama?
Gini inequality index reduction (%) - all social protection and labor in Panama was 10.1% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all social protection and labor recorded in Panama?
The highest recorded value was 12.1% in 2021.
What is the lowest gini inequality index reduction (%) - all social protection and labor recorded in Panama?
The lowest recorded value was 0.9% in 2008.
How does Panama rank for gini inequality index reduction (%) - all social protection and labor?
Panama ranks 19th out of 36 countries with data for 2023.
Is gini inequality index reduction (%) - all social protection and labor rising or falling in Panama?
Over the last ten years it is up 104.0%. 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 Protection and Labor -rural. Statizoid updates them automatically from the source API.

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Gini inequality index reduction (%) - All Social Protection and Labor in Panama. Statizoid, drawing on ASPIRE. Retrieved 06 September 2026, from https://labour.statizoid.com/stat/gini-inequality-index-reduction-percent-all-social-protection-and-labor-rural/panama/

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About this data

Indicator
Gini inequality index reduction (%) - All Social Protection and Labor -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 352 data points, 2002–2023
Last refreshed

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