Poverty Headcount: All Social Protection … Protection Labor urban in Panama
Panama: Poverty Headcount: All Social Protection … Protection Labor urban was 29.4% in 2023. ▲ Rising
Poverty Headcount reduction (%) - All Social Protection and Labor in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 29.4% for poverty headcount reduction (%) - all social protection and labor in 2023.
The figure is down 29.1% on the previous year and up 33.1% over ten years.
Over the whole period, poverty headcount reduction (%) - all social protection and labor in Panama peaked at 41.4% in 2021 and was at its lowest, 16.1%, in 2008.
Panama ranks 20th of 36 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: All Social Protection … Protection Labor urban in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 16.1% | — |
| 2009 | 24.1% | +49.7% |
| 2010 | 25.5% | +5.7% |
| 2011 | 23.3% | -8.4% |
| 2012 | 21.3% | -8.5% |
| 2013 | 22.1% | +3.3% |
| 2014 | 23.0% | +4.4% |
| 2015 | 25.3% | +9.9% |
| 2016 | 26.6% | +5.0% |
| 2017 | 26.3% | -1.0% |
| 2018 | 26.5% | +0.6% |
| 2019 | 24.8% | -6.3% |
| 2021 | 41.4% | +66.9% |
| 2023 | 29.4% | -29.1% |
Panama compared with similar countries
- Panama's 29.4% is below the median for high income countries, which is 41.8%, 70% of the median. (6 countries reporting)
- Panama's 29.4% is above the median for Latin America & Caribbean, which is 20.4%, 1.4× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Poverty Headcount: All Social Protection … Protection Labor urban in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +66.9% | 24.8% | 41.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.1% | 16.1% | 24.1% | 2 |
| 2010s | 24.5% | 21.3% | 26.6% | 10 |
| 2020s | 35.4% | 29.4% | 41.4% | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
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 29.4% 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 41.4% in 2021.
- What is the lowest poverty headcount reduction (%) - all social protection and labor recorded in Panama?
- The lowest recorded value was 16.1% in 2008.
- How does Panama rank for poverty headcount reduction (%) - all social protection and labor?
- Panama ranks 20th out of 36 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 33.1%. 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) -urban. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty headcount reduction due to SPL programs as % of pre-transfer poverty headcount