Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile in Panama
Panama: Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile was 11.1% in 2023. ◆ Volatile
Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for poverty gap reduction (%) - domestic private transfers -1st quintile in Panama is 11.1%, measured in 2023.
That represents a change of down 12.8% on the previous year and up 243.2% over ten years.
Over the whole period, poverty gap reduction (%) - domestic private transfers -1st quintile in Panama peaked at 17.1% in 2016 and was at its lowest, 2.8%, in 2014.
Panama ranks 25th of 30 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 13.3% | — |
| 2009 | 3.5% | -73.7% |
| 2010 | 4.8% | +36.3% |
| 2011 | 3.5% | -26.6% |
| 2012 | 3.2% | -7.6% |
| 2013 | 3.2% | -0.5% |
| 2014 | 2.8% | -12.3% |
| 2015 | 15.1% | +433.9% |
| 2016 | 17.1% | +13.4% |
| 2017 | 13.4% | -21.8% |
| 2018 | 14.5% | +8.1% |
| 2019 | 15.7% | +8.5% |
| 2021 | 12.7% | -19.3% |
| 2023 | 11.1% | -12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.4% | 3.5% | 13.3% | 2 |
| 2010s | 9.3% | 2.8% | 17.1% | 10 |
| 2020s | 11.9% | 11.1% | 12.7% | 2 |
Countries ranked near Panama
- 22 Uruguay 12.3% compare
- 23 Republic of Moldova 11.8% compare
- 24 Viet Nam 11.4% compare
- 26 Kazakhstan 11.0% compare
- 27 El Salvador 9.8% compare
- 28 Peru 8.3% compare
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 (%) - domestic private transfers -1st quintile in Panama?
- Poverty gap reduction (%) - domestic private transfers -1st quintile in Panama was 11.1% in 2023, according to ASPIRE.
- What is the highest poverty gap reduction (%) - domestic private transfers -1st quintile recorded in Panama?
- The highest recorded value was 17.1% in 2016.
- What is the lowest poverty gap reduction (%) - domestic private transfers -1st quintile recorded in Panama?
- The lowest recorded value was 2.8% in 2014.
- How does Panama rank for poverty gap reduction (%) - domestic private transfers -1st quintile?
- Panama ranks 25th out of 30 countries with data for 2023.
- Is poverty gap reduction (%) - domestic private transfers -1st quintile rising or falling in Panama?
- Over the last ten years it is up 243.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction due to Domestic Private Transfers programs as % of pre-transfer poverty gap