Gini inequality index reduction (%) - Domestic Private Transfers in Panama

Panama: Gini inequality index reduction (%) - Domestic Private Transfers was 1.5% in 2023. ▲ Rising

Latest (2023)
1.5%
Change on year
up 51.4%
World rank
23rd
of 31 countries
All-time high
1.8%
in 2016
All-time low
0.7%
in 2011
Years of data
14
2008–2023

Gini inequality index reduction (%) - Domestic Private Transfers in Panama, 2008–2023

00.511.522008201520232008: 1.42009: 0.8622010: 12011: 0.7462012: 12013: 0.9862014: 0.9082015: 1.32016: 1.82017: 1.42018: 1.72019: 1.72021: 12023: 1.5

Source: ASPIRE.

Analysis

The most recent figure for gini inequality index reduction (%) - domestic private transfers in Panama is 1.5%, measured in 2023.

Compared with earlier readings it is up 51.4% on the previous year and up 56.2% over ten years.

Over the whole period, gini inequality index reduction (%) - domestic private transfers in Panama peaked at 1.8% in 2016 and was at its lowest, 0.7%, in 2011.

That places Panama 23rd out of 31 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 (%) - Domestic Private Transfers in Panama, year by year

Annual values for Gini inequality index reduction (%) - Domestic Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 1.4%
2009 0.9% -40.0%
2010 1.0% +19.3%
2011 0.7% -27.5%
2012 1.0% +38.8%
2013 1.0% -4.7%
2014 0.9% -7.9%
2015 1.3% +46.4%
2016 1.8% +36.7%
2017 1.4% -23.2%
2018 1.7% +20.9%
2019 1.7% +1.9%
2021 1.0% -40.9%
2023 1.5% +51.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1% 0.9% 1.4% 2
2010s 1.3% 0.7% 1.8% 10
2020s 1.3% 1.0% 1.5% 2

Countries ranked near Panama

  1. 20 Mexico 1.8% compare
  2. 21 Colombia 1.7% compare
  3. 22 Chile 1.5% compare
  4. 24 El Salvador 1.5% compare
  5. 25 Türkiye 1.5% compare
  6. 26 Argentina 1.3% 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 (%) - domestic private transfers in Panama?
Gini inequality index reduction (%) - domestic private transfers in Panama was 1.5% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - domestic private transfers recorded in Panama?
The highest recorded value was 1.8% in 2016.
What is the lowest gini inequality index reduction (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 0.7% in 2011.
How does Panama rank for gini inequality index reduction (%) - domestic private transfers?
Panama ranks 23rd out of 31 countries with data for 2023.
Is gini inequality index reduction (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is up 56.2%. 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 Gini inequality index reduction (%) - Domestic Private Transfers -urban. Statizoid updates them automatically from the source API.

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Gini inequality index reduction (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/gini-inequality-index-reduction-percent-domestic-private-transfers-urban/panama/

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About this data

Indicator
Gini inequality index reduction (%) - Domestic Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 316 data points, 2003–2023
Last refreshed

Gini inequality index reduction due to Domestic Private Transfers programs as % of pre-transfer Gini index