Poverty Headcount reduction (%) - All Social Protection and Labor in Panama

Panama: Poverty Headcount reduction (%) - All Social Protection and Labor was 29.8% in 2023. ▲ Rising

Latest (2023)
29.8%
Change on year
down 24.3%
World rank
19th
of 37 countries
All-time high
39.4%
in 2021
All-time low
11.6%
in 2008
Years of data
14
2008–2023

Poverty Headcount reduction (%) - All Social Protection and Labor in Panama, 2008–2023

102030402008201520232008: 11.6 poorest2009: 21.3 poorest2010: 21.9 poorest2011: 22.3 poorest2012: 19.9 poorest2013: 20.8 poorest2014: 21.6 poorest2015: 25.2 poorest2016: 26.6 poorest2017: 25.4 poorest2018: 25.2 poorest2019: 26 poorest2021: 39.4 poorest2023: 29.8 poorest

Source: ASPIRE. Measured in poorest.

Analysis

In 2023, poverty headcount reduction (%) - all social protection and labor in Panama stood at 29.8%.

The figure is down 24.3% on the previous year and up 43.5% over ten years.

Over the whole period, poverty headcount reduction (%) - all social protection and labor in Panama peaked at 39.4% in 2021 and was at its lowest, 11.6%, in 2008.

That places Panama 19th out of 37 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 Protection and Labor in Panama, year by year

Annual values for Poverty Headcount reduction (%) - All Social Protection and Labor -1st quintile (poorest) in Panama, 2008 to 2023.
Year poorest Change
2008 11.6%
2009 21.3% +83.9%
2010 21.9% +2.7%
2011 22.3% +1.8%
2012 19.9% -10.8%
2013 20.8% +4.7%
2014 21.6% +4.0%
2015 25.2% +16.6%
2016 26.6% +5.5%
2017 25.4% -4.3%
2018 25.2% -0.7%
2019 26.0% +2.9%
2021 39.4% +51.8%
2023 29.8% -24.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.4% 11.6% 21.3% 2
2010s 23.5% 19.9% 26.6% 10
2020s 34.6% 29.8% 39.4% 2

Countries ranked near Panama

  1. 16 Kosovo 39.4% compare
  2. 16 Kosovo (UNSCR 1244) 39.4% compare
  3. 18 Argentina 35.5% compare
  4. 20 Viet Nam 29.3% compare
  5. 21 Costa Rica 29.0% compare
  6. 22 Mexico 26.5% compare

See the full ranking of 37 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - all social protection and labor in Panama?
Poverty headcount reduction (%) - all social protection and labor in Panama was 29.8% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all social protection and labor recorded in Panama?
The highest recorded value was 39.4% in 2021.
What is the lowest poverty headcount reduction (%) - all social protection and labor recorded in Panama?
The lowest recorded value was 11.6% in 2008.
How does Panama rank for poverty headcount reduction (%) - all social protection and labor?
Panama ranks 19th out of 37 countries with data for 2023.
Is poverty headcount reduction (%) - all social protection and labor rising or falling in Panama?
Over the last ten years it is up 43.5%. 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 Protection and Labor -1st quintile (poorest). Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - All Social Protection and Labor in Panama. Statizoid, drawing on ASPIRE. Retrieved 10 September 2026, from https://labour.statizoid.com/stat/poverty-headcount-reduction-percent-all-social-protection-and-labor-1st-quintile-poorest-2/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Social Protection and Labor -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 372 data points, 2002–2023
Last refreshed

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