Poverty Gap reduction (%) - All Social Assistance -extreme poor in Panama
Panama: Poverty Gap reduction (%) - All Social Assistance -extreme poor was 78.3% in 2023. ▲ Rising
Poverty Gap reduction (%) - All Social Assistance -extreme poor in Panama, 2008–2023
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
In 2023, poverty gap reduction (%) - all social assistance -extreme poor in Panama stood at 78.3%.
That represents a change of down 10.2% on the previous year and up 29.7% over ten years.
Over the whole period, poverty gap reduction (%) - all social assistance -extreme poor in Panama peaked at 87.3% in 2021 and was at its lowest, 2.3%, in 2008.
Panama ranks 15th of 35 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.
Poverty Gap reduction (%) - All Social Assistance -extreme poor in Panama, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2008 | 2.3% | — |
| 2009 | 58.5% | +2412.8% |
| 2010 | 60.4% | +3.1% |
| 2011 | 59.2% | -2.0% |
| 2012 | 53.7% | -9.2% |
| 2013 | 60.4% | +12.4% |
| 2014 | 55.1% | -8.7% |
| 2015 | 83.3% | +51.1% |
| 2016 | 82.7% | -0.8% |
| 2017 | 77.5% | -6.4% |
| 2018 | 80.2% | +3.6% |
| 2019 | 77.7% | -3.1% |
| 2021 | 87.3% | +12.3% |
| 2023 | 78.3% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.4% | 2.3% | 58.5% | 2 |
| 2010s | 69.0% | 53.7% | 83.3% | 10 |
| 2020s | 82.8% | 78.3% | 87.3% | 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 -extreme poor in Panama?
- Poverty gap reduction (%) - all social assistance -extreme poor in Panama was 78.3% in 2023, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social assistance -extreme poor recorded in Panama?
- The highest recorded value was 87.3% in 2021.
- What is the lowest poverty gap reduction (%) - all social assistance -extreme poor recorded in Panama?
- The lowest recorded value was 2.3% in 2008.
- How does Panama rank for poverty gap reduction (%) - all social assistance -extreme poor?
- Panama ranks 15th out of 35 countries with data for 2023.
- Is poverty gap reduction (%) - all social assistance -extreme poor rising or falling in Panama?
- Over the last ten years it is up 29.7%. 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 -extreme poor (<$2.15 a day). 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