Poverty Headcount: All Social Protection … Protection Labor extreme in Panama
Panama: Poverty Headcount: All Social Protection … Protection Labor extreme was 71.3% in 2023. ▲ Rising
Poverty Headcount reduction (%) - All Social Protection and Labor in Panama, 2008–2023
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
In 2023, poverty headcount reduction (%) - all social protection and labor in Panama stood at 71.3%.
That represents a change of down 12.4% on the previous year and up 30.5% over ten years.
Over the whole period, poverty headcount reduction (%) - all social protection and labor in Panama peaked at 81.5% in 2021 and was at its lowest, 16.1%, in 2008.
Panama ranks 23rd of 37 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 extreme in Panama, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2008 | 16.1% | — |
| 2009 | 56.5% | +250.0% |
| 2010 | 53.9% | -4.4% |
| 2011 | 51.9% | -3.7% |
| 2012 | 44.8% | -13.7% |
| 2013 | 54.7% | +22.1% |
| 2014 | 50.3% | -8.1% |
| 2015 | 72.1% | +43.3% |
| 2016 | 71.4% | -0.9% |
| 2017 | 67.6% | -5.3% |
| 2018 | 71.0% | +5.0% |
| 2019 | 74.2% | +4.6% |
| 2021 | 81.5% | +9.7% |
| 2023 | 71.3% | -12.4% |
Panama compared with similar countries
- Panama's 71.3% is below the median for high income countries, which is 95.8%, 74% of the median. (6 countries reporting)
- Panama's 71.3% is above the median for Latin America & Caribbean, which is 53.3%, 1.3× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Poverty Headcount: All Social Protection … Protection Labor extreme 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 |
|---|---|---|---|
| 2009 | +250.0% | 16.1% | 56.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.3% | 16.1% | 56.5% | 2 |
| 2010s | 61.2% | 44.8% | 74.2% | 10 |
| 2020s | 76.4% | 71.3% | 81.5% | 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 71.3% 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 81.5% 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 23rd 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 30.5%. 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 -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.
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About this data
Poverty headcount reduction due to SPL programs as % of pre-transfer poverty headcount