Poverty Headcount reduction (%) - All Social Assistance -extreme poor in Panama

Panama: Poverty Headcount reduction (%) - All Social Assistance -extreme poor was 66.1% in 2023. ▲ Rising

Latest (2023)
66.1%
Change on year
down 15.3%
World rank
16th
of 35 countries
All-time high
78.0%
in 2021
All-time low
3.1%
in 2008
Years of data
14
2008–2023

Poverty Headcount reduction (%) - All Social Assistance -extreme poor in Panama, 2008–2023

0204060802008201520232008: 3.1 <$2.15 a day2009: 47.2 <$2.15 a day2010: 47.3 <$2.15 a day2011: 45.7 <$2.15 a day2012: 37.7 <$2.15 a day2013: 49.2 <$2.15 a day2014: 45.2 <$2.15 a day2015: 69.3 <$2.15 a day2016: 68.3 <$2.15 a day2017: 62.6 <$2.15 a day2018: 66.5 <$2.15 a day2019: 70.1 <$2.15 a day2021: 78 <$2.15 a day2023: 66.1 <$2.15 a day

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

Analysis

Panama recorded 66.1% for poverty headcount reduction (%) - all social assistance -extreme poor in 2023.

That represents a change of down 15.3% on the previous year and up 34.4% over ten years.

Over the whole period, poverty headcount reduction (%) - all social assistance -extreme poor in Panama peaked at 78.0% in 2021 and was at its lowest, 3.1%, in 2008.

That places Panama 16th 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 -extreme poor in Panama, year by year

Annual values for Poverty Headcount reduction (%) - All Social Assistance -extreme poor (<$2.15 a day) in Panama, 2008 to 2023.
Year <$2.15 a day Change
2008 3.1%
2009 47.2% +1426.2%
2010 47.3% +0.3%
2011 45.7% -3.4%
2012 37.7% -17.5%
2013 49.2% +30.4%
2014 45.2% -8.0%
2015 69.3% +53.1%
2016 68.3% -1.3%
2017 62.6% -8.4%
2018 66.5% +6.2%
2019 70.1% +5.5%
2021 78.0% +11.3%
2023 66.1% -15.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.1% 3.1% 47.2% 2
2010s 56.2% 37.7% 70.1% 10
2020s 72.1% 66.1% 78.0% 2

Countries ranked near Panama

  1. 14 Argentina 71.5% compare
  2. 15 Chile 70.0% compare
  3. 17 Costa Rica 64.4% compare
  4. 18 Sri Lanka 56.3% compare
  5. 19 Mexico 56.0% compare

See the full ranking of 35 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - all social assistance -extreme poor in Panama?
Poverty headcount reduction (%) - all social assistance -extreme poor in Panama was 66.1% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all social assistance -extreme poor recorded in Panama?
The highest recorded value was 78.0% in 2021.
What is the lowest poverty headcount reduction (%) - all social assistance -extreme poor recorded in Panama?
The lowest recorded value was 3.1% in 2008.
How does Panama rank for poverty headcount reduction (%) - all social assistance -extreme poor?
Panama ranks 16th out of 35 countries with data for 2023.
Is poverty headcount reduction (%) - all social assistance -extreme poor rising or falling in Panama?
Over the last ten years it is up 34.4%. 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 -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - All Social Assistance -extreme poor in Panama. Statizoid, drawing on ASPIRE. Retrieved 02 September 2026, from https://labour.statizoid.com/stat/poverty-headcount-reduction-percent-all-social-assistance-extreme-poor-2-15-a-day/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Social Assistance -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 346 data points, 2004–2023
Last refreshed

Poverty headcount reduction due to Social Assistance programs as % of pre-transfer poverty headcount