Poverty Gap reduction (%) - All Social Protection and Labor -extreme in Panama
Panama: Poverty Gap reduction (%) - All Social Protection and Labor -extreme was 81.9% in 2023. ▲ Rising
Poverty Gap reduction (%) - All Social Protection and Labor -extreme in Panama, 2008–2023
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
The most recent figure for poverty gap reduction (%) - all social protection and labor -extreme in Panama is 81.9%, measured in 2023.
That represents a change of down 8.9% on the previous year and up 22.1% over ten years.
Over the whole period, poverty gap reduction (%) - all social protection and labor -extreme in Panama peaked at 89.8% in 2021 and was at its lowest, 16.7%, in 2008.
That places Panama 22nd out of 37 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 -extreme in Panama, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2008 | 16.7% | — |
| 2009 | 67.6% | +304.0% |
| 2010 | 67.4% | -0.3% |
| 2011 | 66.2% | -1.8% |
| 2012 | 60.5% | -8.6% |
| 2013 | 67.1% | +10.9% |
| 2014 | 61.3% | -8.6% |
| 2015 | 85.4% | +39.3% |
| 2016 | 85.0% | -0.4% |
| 2017 | 80.7% | -5.1% |
| 2018 | 83.2% | +3.1% |
| 2019 | 81.5% | -2.1% |
| 2021 | 89.8% | +10.2% |
| 2023 | 81.9% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.1% | 16.7% | 67.6% | 2 |
| 2010s | 73.8% | 60.5% | 85.4% | 10 |
| 2020s | 85.9% | 81.9% | 89.8% | 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 -extreme in Panama?
- Poverty gap reduction (%) - all social protection and labor -extreme in Panama was 81.9% in 2023, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social protection and labor -extreme recorded in Panama?
- The highest recorded value was 89.8% in 2021.
- What is the lowest poverty gap reduction (%) - all social protection and labor -extreme recorded in Panama?
- The lowest recorded value was 16.7% in 2008.
- How does Panama rank for poverty gap reduction (%) - all social protection and labor -extreme?
- Panama ranks 22nd out of 37 countries with data for 2023.
- Is poverty gap reduction (%) - all social protection and labor -extreme rising or falling in Panama?
- Over the last ten years it is up 22.1%. 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 -extreme poor (<$2.15 a day). 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