Poverty Gap reduction (%) - All Social Insurance -1st quintile in Panama
Panama: Poverty Gap reduction (%) - All Social Insurance -1st quintile was 16.3% in 2023. ▲ Rising
Poverty Gap reduction (%) - All Social Insurance -1st quintile in Panama, 2008–2023
Source: ASPIRE. Measured in poorest.
Analysis
The most recent figure for poverty gap reduction (%) - all social insurance -1st quintile in Panama is 16.3%, measured in 2023. That is the highest value across all 14 years on record.
The figure is up 0.7% on the previous year and up 37.6% over ten years.
Over the whole period, poverty gap reduction (%) - all social insurance -1st quintile in Panama peaked at 16.3% in 2023 and was at its lowest, 11.4%, in 2016.
Panama ranks 23rd of 34 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 Insurance -1st quintile in Panama, year by year
| Year | poorest | Change |
|---|---|---|
| 2008 | 12.6% | — |
| 2009 | 15.6% | +23.9% |
| 2010 | 13.1% | -15.8% |
| 2011 | 14.3% | +8.8% |
| 2012 | 12.1% | -15.2% |
| 2013 | 11.8% | -2.4% |
| 2014 | 12.2% | +3.3% |
| 2015 | 12.0% | -2.1% |
| 2016 | 11.4% | -5.0% |
| 2017 | 13.6% | +19.2% |
| 2018 | 13.8% | +1.5% |
| 2019 | 12.9% | -6.4% |
| 2021 | 16.2% | +25.6% |
| 2023 | 16.3% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.1% | 12.6% | 15.6% | 2 |
| 2010s | 12.7% | 11.4% | 14.3% | 10 |
| 2020s | 16.2% | 16.2% | 16.3% | 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 insurance -1st quintile in Panama?
- Poverty gap reduction (%) - all social insurance -1st quintile in Panama was 16.3% 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 16.3% in 2023.
- What is the lowest poverty gap reduction (%) - all social insurance -1st quintile recorded in Panama?
- The lowest recorded value was 11.4% in 2016.
- How does Panama rank for poverty gap reduction (%) - all social insurance -1st quintile?
- Panama ranks 23rd 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 37.6%. 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). 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