Poverty Gap reduction (%) - Domestic Private Transfers - 1st in Panama
Panama: Poverty Gap reduction (%) - Domestic Private Transfers - 1st was 14.1% in 2023. ▲ Rising
Poverty Gap reduction (%) - Domestic Private Transfers - 1st in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 14.1% for poverty gap reduction (%) - domestic private transfers - 1st in 2023.
Compared with earlier readings it is up 25.5% on the previous year and up 67.5% over ten years.
Over the whole period, poverty gap reduction (%) - domestic private transfers - 1st in Panama peaked at 19.8% in 2016 and was at its lowest, 7.0%, in 2011.
That places Panama 26th out of 31 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Poverty Gap reduction (%) - Domestic Private Transfers - 1st in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 14.0% | — |
| 2009 | 7.3% | -47.5% |
| 2010 | 8.8% | +19.9% |
| 2011 | 7.0% | -20.9% |
| 2012 | 8.9% | +27.5% |
| 2013 | 8.4% | -5.4% |
| 2014 | 7.7% | -8.7% |
| 2015 | 15.9% | +108.0% |
| 2016 | 19.8% | +24.3% |
| 2017 | 15.2% | -23.2% |
| 2018 | 15.6% | +2.8% |
| 2019 | 17.2% | +10.2% |
| 2021 | 11.2% | -35.0% |
| 2023 | 14.1% | +25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.7% | 7.3% | 14.0% | 2 |
| 2010s | 12.5% | 7.0% | 19.8% | 10 |
| 2020s | 12.6% | 11.2% | 14.1% | 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 (%) - domestic private transfers - 1st in Panama?
- Poverty gap reduction (%) - domestic private transfers - 1st in Panama was 14.1% in 2023, according to ASPIRE.
- What is the highest poverty gap reduction (%) - domestic private transfers - 1st recorded in Panama?
- The highest recorded value was 19.8% in 2016.
- What is the lowest poverty gap reduction (%) - domestic private transfers - 1st recorded in Panama?
- The lowest recorded value was 7.0% in 2011.
- How does Panama rank for poverty gap reduction (%) - domestic private transfers - 1st?
- Panama ranks 26th out of 31 countries with data for 2023.
- Is poverty gap reduction (%) - domestic private transfers - 1st rising or falling in Panama?
- Over the last ten years it is up 67.5%. 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 (%) - Domestic Private Transfers - 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 Domestic Private Transfers programs as % of pre-transfer poverty gap