Poverty Headcount reduction (%) - All Social Insurance - 1st in Panama

Panama: Poverty Headcount reduction (%) - All Social Insurance - 1st was 19.6% in 2023. ▲ Rising

Latest (2023)
19.6%
Change on year
down 9.5%
World rank
19th
of 34 countries
All-time high
21.6%
in 2021
All-time low
15.6%
in 2015
Years of data
14
2008–2023

Poverty Headcount reduction (%) - All Social Insurance - 1st in Panama, 2008–2023

051015202008201520232008: 15.82009: 19.32010: 19.62011: 18.62012: 17.42013: 17.52014: 17.82015: 15.62016: 17.62017: 17.92018: 17.52019: 16.62021: 21.62023: 19.6

Source: ASPIRE.

Analysis

In 2023, poverty headcount reduction (%) - all social insurance - 1st in Panama stood at 19.6%.

The figure is down 9.5% on the previous year and up 11.8% over ten years.

Over the whole period, poverty headcount reduction (%) - all social insurance - 1st in Panama peaked at 21.6% in 2021 and was at its lowest, 15.6%, in 2015.

Panama ranks 19th of 34 countries on this measure, 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 Insurance - 1st in Panama, year by year

Annual values for Poverty Headcount reduction (%) - All Social Insurance - 1st quintile (poorest) -urban in Panama, 2008 to 2023.
Year Value Change
2008 15.8%
2009 19.3% +22.2%
2010 19.6% +1.6%
2011 18.6% -5.3%
2012 17.4% -6.7%
2013 17.5% +0.8%
2014 17.8% +1.9%
2015 15.6% -12.4%
2016 17.6% +12.5%
2017 17.9% +1.8%
2018 17.5% -1.9%
2019 16.6% -5.5%
2021 21.6% +30.4%
2023 19.6% -9.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.6% 15.8% 19.3% 2
2010s 17.6% 15.6% 19.6% 10
2020s 20.6% 19.6% 21.6% 2

Countries ranked near Panama

  1. 16 Brazil 29.1% compare
  2. 17 Costa Rica 21.9% compare
  3. 18 Chile 21.5% compare
  4. 20 Thailand 17.0% compare
  5. 21 Viet Nam 15.7% compare
  6. 22 Mexico 15.6% compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - all social insurance - 1st in Panama?
Poverty headcount reduction (%) - all social insurance - 1st in Panama was 19.6% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all social insurance - 1st recorded in Panama?
The highest recorded value was 21.6% in 2021.
What is the lowest poverty headcount reduction (%) - all social insurance - 1st recorded in Panama?
The lowest recorded value was 15.6% in 2015.
How does Panama rank for poverty headcount reduction (%) - all social insurance - 1st?
Panama ranks 19th out of 34 countries with data for 2023.
Is poverty headcount reduction (%) - all social insurance - 1st rising or falling in Panama?
Over the last ten years it is up 11.8%. 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 Insurance - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - All Social Insurance - 1st in Panama. Statizoid, drawing on ASPIRE. Retrieved 12 September 2026, from https://labour.statizoid.com/stat/poverty-headcount-reduction-percent-all-social-insurance-1st-quintile-poorest-urban/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Social Insurance - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

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