Poverty Headcount reduction (%) - Domestic Private Transfers -1st in Panama

Panama: Poverty Headcount reduction (%) - Domestic Private Transfers -1st was 8.6% in 2023. ◆ Volatile

Latest (2023)
8.6%
Change on year
down 9.6%
World rank
16th
of 30 countries
All-time high
14.6%
in 2016
All-time low
2.2%
in 2009
Years of data
14
2008–2023

Poverty Headcount reduction (%) - Domestic Private Transfers -1st in Panama, 2008–2023

2.557.51012.5152008201520232008: 11.12009: 2.22010: 3.32011: 2.42012: 3.12013: 2.62014: 32015: 11.52016: 14.62017: 12.52018: 10.92019: 102021: 9.52023: 8.6

Source: ASPIRE.

Analysis

The most recent figure for poverty headcount reduction (%) - domestic private transfers -1st in Panama is 8.6%, measured in 2023.

Compared with earlier readings it is down 9.6% on the previous year and up 225.8% over ten years.

Over the whole period, poverty headcount reduction (%) - domestic private transfers -1st in Panama peaked at 14.6% in 2016 and was at its lowest, 2.2%, in 2009.

That places Panama 16th out of 30 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Poverty Headcount reduction (%) - Domestic Private Transfers -1st in Panama, year by year

Annual values for Poverty Headcount reduction (%) - Domestic Private Transfers -1st quintile (poorest) -rural in Panama, 2008 to 2023.
Year Value Change
2008 11.1%
2009 2.2% -80.4%
2010 3.3% +51.7%
2011 2.4% -25.6%
2012 3.1% +26.8%
2013 2.6% -14.9%
2014 3.0% +12.1%
2015 11.5% +287.3%
2016 14.6% +27.4%
2017 12.5% -14.3%
2018 10.9% -13.0%
2019 10.0% -8.3%
2021 9.5% -4.8%
2023 8.6% -9.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.6% 2.2% 11.1% 2
2010s 7.4% 2.4% 14.6% 10
2020s 9.1% 8.6% 9.5% 2

Countries ranked near Panama

  1. 13 Costa Rica 11.6% compare
  2. 14 Colombia 10.6% compare
  3. 15 Malawi 10.3% compare
  4. 17 Mongolia 8.6% compare
  5. 18 Türkiye 8.3% compare
  6. 19 El Salvador 7.4% compare

See the full ranking of 30 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - domestic private transfers -1st in Panama?
Poverty headcount reduction (%) - domestic private transfers -1st in Panama was 8.6% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - domestic private transfers -1st recorded in Panama?
The highest recorded value was 14.6% in 2016.
What is the lowest poverty headcount reduction (%) - domestic private transfers -1st recorded in Panama?
The lowest recorded value was 2.2% in 2009.
How does Panama rank for poverty headcount reduction (%) - domestic private transfers -1st?
Panama ranks 16th out of 30 countries with data for 2023.
Is poverty headcount reduction (%) - domestic private transfers -1st rising or falling in Panama?
Over the last ten years it is up 225.8%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Poverty Headcount reduction (%) - Domestic Private Transfers -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - Domestic Private Transfers -1st in Panama. Statizoid, drawing on ASPIRE. Retrieved 10 September 2026, from https://labour.statizoid.com/stat/poverty-headcount-reduction-percent-domestic-private-transfers-1st-quintile-poorest-rural/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - Domestic Private Transfers -1st quintile (poorest) -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 295 data points, 2003–2023
Last refreshed

Poverty headcount reduction due to Domestic Private Transfers programs as % of pre-transfer poverty headcount