Poverty Gap reduction (%) - All Social Protection and Labor - 1st in Panama
Panama: Poverty Gap reduction (%) - All Social Protection and Labor - 1st was 46.3% in 2023. ▲ Rising
Poverty Gap reduction (%) - All Social Protection and Labor - 1st in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for poverty gap reduction (%) - all social protection and labor - 1st in Panama is 46.3%, measured in 2023.
The figure is down 19.4% on the previous year and up 41.0% over ten years.
Over the whole period, poverty gap reduction (%) - all social protection and labor - 1st in Panama peaked at 57.5% in 2021 and was at its lowest, 21.1%, in 2008.
Panama ranks 20th of 36 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 Protection and Labor - 1st in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 21.1% | — |
| 2009 | 33.7% | +59.8% |
| 2010 | 34.5% | +2.4% |
| 2011 | 34.0% | -1.5% |
| 2012 | 32.8% | -3.5% |
| 2013 | 32.9% | +0.2% |
| 2014 | 32.8% | -0.3% |
| 2015 | 39.2% | +19.7% |
| 2016 | 39.1% | -0.3% |
| 2017 | 38.3% | -2.1% |
| 2018 | 38.8% | +1.4% |
| 2019 | 37.8% | -2.6% |
| 2021 | 57.5% | +52.0% |
| 2023 | 46.3% | -19.4% |
Panama compared with similar countries
- Panama's 46.3% is below the median for high income countries, which is 61.3%, 76% of the median. (6 countries reporting)
- Panama's 46.3% is above the median for Latin America & Caribbean, which is 29.8%, 1.6× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Poverty Gap reduction (%) - All Social Protection and Labor - 1st in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +59.8% | 21.1% | 33.7% |
| 2021 | +52.0% | 37.8% | 57.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.4% | 21.1% | 33.7% | 2 |
| 2010s | 36.0% | 32.8% | 39.2% | 10 |
| 2020s | 51.9% | 46.3% | 57.5% | 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 46.3% 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 57.5% in 2021.
- What is the lowest poverty gap reduction (%) - all social protection and labor - 1st recorded in Panama?
- The lowest recorded value was 21.1% in 2008.
- How does Panama rank for poverty gap reduction (%) - all social protection and labor - 1st?
- Panama ranks 20th 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 41.0%. 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) -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 SPL programs as % of pre-transfer poverty gap