Poverty Gap reduction (%) - All Social Insurance - 1st quintile in Panama
Panama: Poverty Gap reduction (%) - All Social Insurance - 1st quintile was 30.2% in 2023. ▲ Rising
Poverty Gap reduction (%) - All Social Insurance - 1st quintile in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for poverty gap reduction (%) - all social insurance - 1st quintile in Panama is 30.2%, measured in 2023. That is the highest value across all 14 years on record.
That represents a change of up 11.4% on the previous year and up 25.7% over ten years.
Over the whole period, poverty gap reduction (%) - all social insurance - 1st quintile in Panama peaked at 30.2% in 2023 and was at its lowest, 20.9%, in 2008.
That places Panama 19th out of 34 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.
Poverty Gap reduction (%) - All Social Insurance - 1st quintile in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 20.9% | — |
| 2009 | 26.7% | +27.7% |
| 2010 | 26.6% | -0.2% |
| 2011 | 26.7% | +0.5% |
| 2012 | 24.2% | -9.4% |
| 2013 | 24.0% | -0.9% |
| 2014 | 24.1% | +0.5% |
| 2015 | 24.1% | +0.1% |
| 2016 | 23.8% | -1.3% |
| 2017 | 23.6% | -0.8% |
| 2018 | 23.9% | +1.4% |
| 2019 | 23.2% | -3.0% |
| 2021 | 27.1% | +16.4% |
| 2023 | 30.2% | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.8% | 20.9% | 26.7% | 2 |
| 2010s | 24.4% | 23.2% | 26.7% | 10 |
| 2020s | 28.6% | 27.1% | 30.2% | 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 insurance - 1st quintile in Panama?
- Poverty gap reduction (%) - all social insurance - 1st quintile in Panama was 30.2% in 2023, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social insurance - 1st quintile recorded in Panama?
- The highest recorded value was 30.2% in 2023.
- What is the lowest poverty gap reduction (%) - all social insurance - 1st quintile recorded in Panama?
- The lowest recorded value was 20.9% in 2008.
- How does Panama rank for poverty gap reduction (%) - all social insurance - 1st quintile?
- Panama ranks 19th out of 34 countries with data for 2023.
- Is poverty gap reduction (%) - all social insurance - 1st quintile rising or falling in Panama?
- Over the last ten years it is up 25.7%. 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 Insurance - 1st quintile (poorest) -urban. 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 Insurance programs as % of pre-transfer poverty gap