Poverty Gap reduction (%) - All Social Protection and Labor -1st in Panama

Panama: Poverty Gap reduction (%) - All Social Protection and Labor -1st was 40.8% in 2023. ▲ Rising

Latest (2023)
40.8%
Change on year
down 23.1%
World rank
21st
of 37 countries
All-time high
53.1%
in 2021
All-time low
16.3%
in 2008
Years of data
14
2008–2023

Poverty Gap reduction (%) - All Social Protection and Labor -1st in Panama, 2008–2023

203040502008201520232008: 16.3 poorest2009: 33.6 poorest2010: 33.4 poorest2011: 32.1 poorest2012: 29.5 poorest2013: 30.9 poorest2014: 29.5 poorest2015: 38.5 poorest2016: 38.1 poorest2017: 39.6 poorest2018: 37.9 poorest2019: 37.5 poorest2021: 53.1 poorest2023: 40.8 poorest

Source: ASPIRE. Measured in poorest.

Analysis

The most recent figure for poverty gap reduction (%) - all social protection and labor -1st in Panama is 40.8%, measured in 2023.

That represents a change of down 23.1% on the previous year and up 31.9% over ten years.

Over the whole period, poverty gap reduction (%) - all social protection and labor -1st in Panama peaked at 53.1% in 2021 and was at its lowest, 16.3%, in 2008.

Panama ranks 21st of 37 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

Annual values for Poverty Gap reduction (%) - All Social Protection and Labor -1st quintile (poorest) in Panama, 2008 to 2023.
Year poorest Change
2008 16.3%
2009 33.6% +106.5%
2010 33.4% -0.6%
2011 32.1% -4.0%
2012 29.5% -8.2%
2013 30.9% +5.0%
2014 29.5% -4.5%
2015 38.5% +30.4%
2016 38.1% -1.0%
2017 39.6% +3.9%
2018 37.9% -4.1%
2019 37.5% -1.3%
2021 53.1% +41.6%
2023 40.8% -23.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.9% 16.3% 33.6% 2
2010s 34.7% 29.5% 39.6% 10
2020s 46.9% 40.8% 53.1% 2

Countries ranked near Panama

  1. 18 Argentina 51.3% compare
  2. 19 Viet Nam 49.3% compare
  3. 20 Costa Rica 44.1% compare
  4. 22 Mexico 40.0% compare
  5. 23 Sri Lanka 37.0% compare
  6. 24 Thailand 34.3% compare

See the full ranking of 37 places →

More work & labour data for Panama

All data for Panama →

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 40.8% 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 53.1% in 2021.
What is the lowest poverty gap reduction (%) - all social protection and labor -1st recorded in Panama?
The lowest recorded value was 16.3% in 2008.
How does Panama rank for poverty gap reduction (%) - all social protection and labor -1st?
Panama ranks 21st out of 37 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 31.9%. 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). Statizoid updates them automatically from the source API.

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Poverty Gap reduction (%) - All Social Protection and Labor -1st in Panama. Statizoid, drawing on ASPIRE. Retrieved 10 September 2026, from https://labour.statizoid.com/stat/poverty-gap-reduction-percent-all-social-protection-and-labor-1st-quintile-poorest/panama/

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About this data

Indicator
Poverty Gap reduction (%) - All Social Protection and Labor -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 372 data points, 2002–2023
Last refreshed

Poverty gap reduction due to SPL programs as % of pre-transfer poverty gap