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

Panama: Poverty Headcount reduction (%) - All Social Protection and Labor was 39.1% in 2023. ▲ Rising

Latest (2023)
39.1%
Change on year
down 7.0%
World rank
18th
of 36 countries
All-time high
42.5%
in 2017
All-time low
18.8%
in 2008
Years of data
14
2008–2023

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

0102030402008201520232008: 18.82009: 29.12010: 31.82011: 30.42012: 27.52013: 292014: 27.12015: 41.62016: 42.52017: 42.52018: 37.32019: 37.92021: 42.12023: 39.1

Source: ASPIRE.

Analysis

In 2023, poverty headcount reduction (%) - all social protection and labor in Panama stood at 39.1%.

The figure is down 7.0% on the previous year and up 35.0% over ten years.

Over the whole period, poverty headcount reduction (%) - all social protection and labor in Panama peaked at 42.5% in 2017 and was at its lowest, 18.8%, in 2008.

Panama ranks 18th 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 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) -rural in Panama, 2008 to 2023.
Year Value Change
2008 18.8%
2009 29.1% +54.3%
2010 31.8% +9.5%
2011 30.4% -4.5%
2012 27.5% -9.6%
2013 29.0% +5.5%
2014 27.1% -6.6%
2015 41.6% +53.7%
2016 42.5% +2.1%
2017 42.5% +0.1%
2018 37.3% -12.2%
2019 37.9% +1.4%
2021 42.1% +11.1%
2023 39.1% -7.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.0% 18.8% 29.1% 2
2010s 34.8% 27.1% 42.5% 10
2020s 40.6% 39.1% 42.1% 2

Countries ranked near Panama

  1. 15 Türkiye 42.7% compare
  2. 16 Kosovo 39.9% compare
  3. 16 Kosovo (UNSCR 1244) 39.9% compare
  4. 19 Costa Rica 36.4% compare
  5. 20 Bolivia, Plurinational State of 31.9% compare
  6. 21 Viet Nam 31.8% compare

See the full ranking of 36 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 39.1% 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 42.5% in 2017.
What is the lowest poverty headcount reduction (%) - all social protection and labor recorded in Panama?
The lowest recorded value was 18.8% in 2008.
How does Panama rank for poverty headcount reduction (%) - all social protection and labor?
Panama ranks 18th 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 35.0%. 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) -rural. 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/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Social Protection and Labor -1st quintile (poorest) -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 352 data points, 2002–2023
Last refreshed

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