Poverty Headcount reduction (%) - All Social Assistance -1st quintile in Panama
Panama: Poverty Headcount reduction (%) - All Social Assistance -1st quintile was 18.8% in 2023. ▲ Rising
Poverty Headcount reduction (%) - All Social Assistance -1st quintile in Panama, 2008–2023
Source: ASPIRE. Measured in poorest.
Analysis
Panama recorded 18.8% for poverty headcount reduction (%) - all social assistance -1st quintile in 2023.
The figure is down 37.9% on the previous year and up 53.3% over ten years.
Over the whole period, poverty headcount reduction (%) - all social assistance -1st quintile in Panama peaked at 30.3% in 2021 and was at its lowest, 1.3%, in 2008.
That places Panama 10th out of 35 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 Headcount reduction (%) - All Social Assistance -1st quintile in Panama, year by year
| Year | poorest | Change |
|---|---|---|
| 2008 | 1.3% | — |
| 2009 | 10.8% | +704.5% |
| 2010 | 12.7% | +17.3% |
| 2011 | 12.4% | -2.5% |
| 2012 | 10.5% | -14.8% |
| 2013 | 12.3% | +16.5% |
| 2014 | 12.3% | +0.4% |
| 2015 | 16.9% | +36.8% |
| 2016 | 17.8% | +5.5% |
| 2017 | 17.2% | -3.2% |
| 2018 | 16.5% | -4.5% |
| 2019 | 17.0% | +3.5% |
| 2021 | 30.3% | +77.9% |
| 2023 | 18.8% | -37.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 1.3% | 10.8% | 2 |
| 2010s | 14.6% | 10.5% | 17.8% | 10 |
| 2020s | 24.6% | 18.8% | 30.3% | 2 |
Countries ranked near Panama
- 7 Kazakhstan 25.3% compare
- 8 Viet Nam 22.8% compare
- 9 Brazil 19.0% compare
- 11 Armenia 18.6% compare
- 12 Republic of Moldova 18.4% compare
- 13 Bolivia, Plurinational State of 15.8% 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 headcount reduction (%) - all social assistance -1st quintile in Panama?
- Poverty headcount reduction (%) - all social assistance -1st quintile in Panama was 18.8% in 2023, according to ASPIRE.
- What is the highest poverty headcount reduction (%) - all social assistance -1st quintile recorded in Panama?
- The highest recorded value was 30.3% in 2021.
- What is the lowest poverty headcount reduction (%) - all social assistance -1st quintile recorded in Panama?
- The lowest recorded value was 1.3% in 2008.
- How does Panama rank for poverty headcount reduction (%) - all social assistance -1st quintile?
- Panama ranks 10th out of 35 countries with data for 2023.
- Is poverty headcount reduction (%) - all social assistance -1st quintile rising or falling in Panama?
- Over the last ten years it is up 53.3%. 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 Headcount reduction (%) - All Social Assistance -1st quintile (poorest). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty headcount reduction due to Social Assistance programs as % of pre-transfer poverty headcount