Poverty Gap reduction (%) - Domestic Private Transfers -extreme poor in Panama

Panama: Poverty Gap reduction (%) - Domestic Private Transfers -extreme poor was 35.7% in 2023. ▲ Rising

Latest (2023)
35.7%
Change on year
up 2.9%
World rank
24th
of 31 countries
All-time high
40.9%
in 2015
All-time low
11.6%
in 2014
Years of data
14
2008–2023

Poverty Gap reduction (%) - Domestic Private Transfers -extreme poor in Panama, 2008–2023

102030402008201520232008: 27.7 <$2.15 a day2009: 17.3 <$2.15 a day2010: 15.7 <$2.15 a day2011: 14.5 <$2.15 a day2012: 13.8 <$2.15 a day2013: 12.6 <$2.15 a day2014: 11.6 <$2.15 a day2015: 40.9 <$2.15 a day2016: 39.6 <$2.15 a day2017: 28.5 <$2.15 a day2018: 32.6 <$2.15 a day2019: 38 <$2.15 a day2021: 34.7 <$2.15 a day2023: 35.7 <$2.15 a day

Source: ASPIRE. Measured in <$2.15 a day.

Analysis

Panama recorded 35.7% for poverty gap reduction (%) - domestic private transfers -extreme poor in 2023.

Compared with earlier readings it is up 2.9% on the previous year and up 184.0% over ten years.

Over the whole period, poverty gap reduction (%) - domestic private transfers -extreme poor in Panama peaked at 40.9% in 2015 and was at its lowest, 11.6%, in 2014.

Panama ranks 24th of 31 countries on this measure, 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 -extreme poor in Panama, year by year

Annual values for Poverty Gap reduction (%) - Domestic Private Transfers -extreme poor (<$2.15 a day) in Panama, 2008 to 2023.
Year <$2.15 a day Change
2008 27.7%
2009 17.3% -37.4%
2010 15.7% -9.2%
2011 14.5% -7.7%
2012 13.8% -4.7%
2013 12.6% -9.2%
2014 11.6% -7.5%
2015 40.9% +251.5%
2016 39.6% -3.0%
2017 28.5% -28.1%
2018 32.6% +14.1%
2019 38.0% +16.6%
2021 34.7% -8.6%
2023 35.7% +2.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.5% 17.3% 27.7% 2
2010s 24.8% 11.6% 40.9% 10
2020s 35.2% 34.7% 35.7% 2

Countries ranked near Panama

  1. 21 Mexico 52.9% compare
  2. 22 Ecuador 49.4% compare
  3. 23 Bolivia, Plurinational State of 42.5% compare
  4. 25 Colombia 31.8% compare
  5. 26 Honduras 27.9% compare
  6. 27 Peru 27.4% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is poverty gap reduction (%) - domestic private transfers -extreme poor in Panama?
Poverty gap reduction (%) - domestic private transfers -extreme poor in Panama was 35.7% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - domestic private transfers -extreme poor recorded in Panama?
The highest recorded value was 40.9% in 2015.
What is the lowest poverty gap reduction (%) - domestic private transfers -extreme poor recorded in Panama?
The lowest recorded value was 11.6% in 2014.
How does Panama rank for poverty gap reduction (%) - domestic private transfers -extreme poor?
Panama ranks 24th out of 31 countries with data for 2023.
Is poverty gap reduction (%) - domestic private transfers -extreme poor rising or falling in Panama?
Over the last ten years it is up 184.0%. 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 (%) - Domestic Private Transfers -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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Poverty Gap reduction (%) - Domestic Private Transfers -extreme poor in Panama. Statizoid, drawing on ASPIRE. Retrieved 04 September 2026, from https://labour.statizoid.com/stat/poverty-gap-reduction-percent-domestic-private-transfers-extreme-poor-2-15-a-day/panama/

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About this data

Indicator
Poverty Gap reduction (%) - Domestic Private Transfers -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 317 data points, 2003–2023
Last refreshed

Poverty gap reduction due to Domestic Private Transfers programs as % of pre-transfer poverty gap