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

Panama: Poverty Headcount reduction (%) - All Social Insurance -1st quintile was 15.2% in 2023. ▲ Rising

Latest (2023)
15.2%
Change on year
up 7.3%
World rank
19th
of 34 countries
All-time high
15.2%
in 2023
All-time low
10.4%
in 2008
Years of data
14
2008–2023

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

0510152008201520232008: 10.4 poorest2009: 12.3 poorest2010: 10.7 poorest2011: 12.2 poorest2012: 10.8 poorest2013: 10.4 poorest2014: 11.2 poorest2015: 11.2 poorest2016: 11.1 poorest2017: 11.5 poorest2018: 12.1 poorest2019: 11.6 poorest2021: 14.2 poorest2023: 15.2 poorest

Source: ASPIRE. Measured in poorest.

Analysis

Panama recorded 15.2% for poverty headcount reduction (%) - all social insurance -1st quintile in 2023. That is the highest value across all 14 years on record.

The figure is up 7.3% on the previous year and up 45.9% over ten years.

Over the whole period, poverty headcount reduction (%) - all social insurance -1st quintile in Panama peaked at 15.2% in 2023 and was at its lowest, 10.4%, in 2008.

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 quintile in Panama, year by year

Annual values for Poverty Headcount reduction (%) - All Social Insurance -1st quintile (poorest) in Panama, 2008 to 2023.
Year poorest Change
2008 10.4%
2009 12.3% +18.6%
2010 10.7% -13.4%
2011 12.2% +14.0%
2012 10.8% -11.6%
2013 10.4% -2.9%
2014 11.2% +7.2%
2015 11.2% -0.2%
2016 11.1% -0.9%
2017 11.5% +3.8%
2018 12.1% +4.9%
2019 11.6% -3.7%
2021 14.2% +22.1%
2023 15.2% +7.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.4% 10.4% 12.3% 2
2010s 11.3% 10.4% 12.2% 10
2020s 14.7% 14.2% 15.2% 2

Countries ranked near Panama

  1. 16 Argentina 29.4% compare
  2. 17 Chile 23.4% compare
  3. 18 Costa Rica 20.0% compare
  4. 20 Thailand 12.4% compare
  5. 21 Mexico 11.9% compare
  6. 22 Sri Lanka 10.9% 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 quintile in Panama?
Poverty headcount reduction (%) - all social insurance -1st quintile in Panama was 15.2% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all social insurance -1st quintile recorded in Panama?
The highest recorded value was 15.2% in 2023.
What is the lowest poverty headcount reduction (%) - all social insurance -1st quintile recorded in Panama?
The lowest recorded value was 10.4% in 2008.
How does Panama rank for poverty headcount reduction (%) - all social insurance -1st quintile?
Panama ranks 19th out of 34 countries with data for 2023.
Is poverty headcount reduction (%) - all social insurance -1st quintile rising or falling in Panama?
Over the last ten years it is up 45.9%. 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). Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - All Social Insurance -1st quintile in Panama. Statizoid, drawing on ASPIRE. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/poverty-headcount-reduction-percent-all-social-insurance-1st-quintile-poorest/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Social Insurance -1st quintile (poorest)
Unit
poorest
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