Poverty Gap reduction (%) - All Social Protection and Labor -1st in Panama
Panama: Poverty Gap reduction (%) - All Social Protection and Labor -1st was 57.1% in 2023. ▲ Rising
Poverty Gap reduction (%) - All Social Protection and Labor -1st in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 57.1% for poverty gap reduction (%) - all social protection and labor -1st in 2023.
Compared with earlier readings it is down 7.6% on the previous year and up 34.8% over ten years.
Over the whole period, poverty gap reduction (%) - all social protection and labor -1st in Panama peaked at 61.8% in 2021 and was at its lowest, 14.0%, in 2008.
That places Panama 18th out of 36 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 Protection and Labor -1st in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 14.0% | — |
| 2009 | 43.8% | +214.0% |
| 2010 | 46.5% | +6.1% |
| 2011 | 44.1% | -5.3% |
| 2012 | 41.4% | -6.0% |
| 2013 | 42.4% | +2.3% |
| 2014 | 40.1% | -5.3% |
| 2015 | 61.3% | +52.6% |
| 2016 | 61.6% | +0.6% |
| 2017 | 59.6% | -3.2% |
| 2018 | 55.8% | -6.5% |
| 2019 | 55.2% | -1.0% |
| 2021 | 61.8% | +12.0% |
| 2023 | 57.1% | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.9% | 14.0% | 43.8% | 2 |
| 2010s | 50.8% | 40.1% | 61.6% | 10 |
| 2020s | 59.5% | 57.1% | 61.8% | 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 protection and labor -1st in Panama?
- Poverty gap reduction (%) - all social protection and labor -1st in Panama was 57.1% in 2023, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social protection and labor -1st recorded in Panama?
- The highest recorded value was 61.8% in 2021.
- What is the lowest poverty gap reduction (%) - all social protection and labor -1st recorded in Panama?
- The lowest recorded value was 14.0% in 2008.
- How does Panama rank for poverty gap reduction (%) - all social protection and labor -1st?
- Panama ranks 18th out of 36 countries with data for 2023.
- Is poverty gap reduction (%) - all social protection and labor -1st rising or falling in Panama?
- Over the last ten years it is up 34.8%. 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 Protection and Labor -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 SPL programs as % of pre-transfer poverty gap