Poverty Gap reduction (%) - All Social Assistance -1st quintile in Panama
Panama: Poverty Gap reduction (%) - All Social Assistance -1st quintile was 54.9% in 2023. ▲ Rising
Poverty Gap reduction (%) - All Social Assistance -1st quintile in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for poverty gap reduction (%) - all social assistance -1st quintile in Panama is 54.9%, measured in 2023.
The figure is down 6.8% on the previous year and up 36.9% over ten years.
Over the whole period, poverty gap reduction (%) - all social assistance -1st quintile in Panama peaked at 59.5% in 2016 and was at its lowest, 7.1%, in 2008.
That places Panama 7th out of 34 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Poverty Gap reduction (%) - All Social Assistance -1st quintile in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 7.1% | — |
| 2009 | 40.1% | +461.4% |
| 2010 | 44.5% | +11.0% |
| 2011 | 42.0% | -5.6% |
| 2012 | 39.2% | -6.6% |
| 2013 | 40.1% | +2.2% |
| 2014 | 38.0% | -5.2% |
| 2015 | 59.1% | +55.3% |
| 2016 | 59.5% | +0.7% |
| 2017 | 56.5% | -5.1% |
| 2018 | 52.8% | -6.5% |
| 2019 | 52.4% | -0.8% |
| 2021 | 58.9% | +12.4% |
| 2023 | 54.9% | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.6% | 7.1% | 40.1% | 2 |
| 2010s | 48.4% | 38.0% | 59.5% | 10 |
| 2020s | 56.9% | 54.9% | 58.9% | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is poverty gap reduction (%) - all social assistance -1st quintile in Panama?
- Poverty gap reduction (%) - all social assistance -1st quintile in Panama was 54.9% in 2023, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social assistance -1st quintile recorded in Panama?
- The highest recorded value was 59.5% in 2016.
- What is the lowest poverty gap reduction (%) - all social assistance -1st quintile recorded in Panama?
- The lowest recorded value was 7.1% in 2008.
- How does Panama rank for poverty gap reduction (%) - all social assistance -1st quintile?
- Panama ranks 7th out of 34 countries with data for 2023.
- Is poverty gap reduction (%) - all social assistance -1st quintile rising or falling in Panama?
- Over the last ten years it is up 36.9%. 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 Poverty Gap reduction (%) - All Social Assistance -1st quintile (poorest) -rural. 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).
About this data
Poverty gap reduction due to Social Assistance programs as % of pre-transfer poverty gap