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

Panama: Poverty Headcount reduction (%) - All Social Insurance -extreme poor was 20.7% in 2023. ▲ Rising

Latest (2023)
20.7%
Change on year
down 26.5%
World rank
24th
of 34 countries
All-time high
28.2%
in 2021
All-time low
10.8%
in 2014
Years of data
14
2008–2023

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

01020302008201520232008: 13.4 <$2.15 a day2009: 24 <$2.15 a day2010: 19.8 <$2.15 a day2011: 17.3 <$2.15 a day2012: 14.1 <$2.15 a day2013: 16.4 <$2.15 a day2014: 10.8 <$2.15 a day2015: 16.1 <$2.15 a day2016: 16 <$2.15 a day2017: 17.4 <$2.15 a day2018: 20.8 <$2.15 a day2019: 26.2 <$2.15 a day2021: 28.2 <$2.15 a day2023: 20.7 <$2.15 a day

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

Analysis

The most recent figure for poverty headcount reduction (%) - all social insurance -extreme poor in Panama is 20.7%, measured in 2023.

That represents a change of down 26.5% on the previous year and up 26.3% over ten years.

Over the whole period, poverty headcount reduction (%) - all social insurance -extreme poor in Panama peaked at 28.2% in 2021 and was at its lowest, 10.8%, in 2014.

Panama ranks 24th 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 -extreme poor in Panama, year by year

Annual values for Poverty Headcount reduction (%) - All Social Insurance -extreme poor (<$2.15 a day) in Panama, 2008 to 2023.
Year <$2.15 a day Change
2008 13.4%
2009 24.0% +79.9%
2010 19.8% -17.5%
2011 17.3% -12.8%
2012 14.1% -18.3%
2013 16.4% +16.3%
2014 10.8% -34.3%
2015 16.1% +48.9%
2016 16.0% -0.5%
2017 17.4% +9.1%
2018 20.8% +19.1%
2019 26.2% +26.3%
2021 28.2% +7.5%
2023 20.7% -26.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.7% 13.4% 24.0% 2
2010s 17.5% 10.8% 26.2% 10
2020s 24.5% 20.7% 28.2% 2

Countries ranked near Panama

  1. 21 Costa Rica 43.4% compare
  2. 22 Mexico 23.0% compare
  3. 23 Pakistan 21.9% compare
  4. 25 Dominican Republic 15.5% compare
  5. 26 Ecuador 11.3% compare
  6. 27 Colombia 9.0% 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 -extreme poor in Panama?
Poverty headcount reduction (%) - all social insurance -extreme poor in Panama was 20.7% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all social insurance -extreme poor recorded in Panama?
The highest recorded value was 28.2% in 2021.
What is the lowest poverty headcount reduction (%) - all social insurance -extreme poor recorded in Panama?
The lowest recorded value was 10.8% in 2014.
How does Panama rank for poverty headcount reduction (%) - all social insurance -extreme poor?
Panama ranks 24th out of 34 countries with data for 2023.
Is poverty headcount reduction (%) - all social insurance -extreme poor rising or falling in Panama?
Over the last ten years it is up 26.3%. 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 Insurance -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - All Social Insurance -extreme poor in Panama. Statizoid, drawing on ASPIRE. Retrieved 05 September 2026, from https://labour.statizoid.com/stat/poverty-headcount-reduction-percent-all-social-insurance-extreme-poor-2-15-a-day/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Social Insurance -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 346 data points, 2002–2023
Last refreshed

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