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

Panama: Poverty Headcount reduction (%) - Domestic Private Transfers -1st was 7.7% in 2023. ▲ Rising

Latest (2023)
7.7%
Change on year
up 19.4%
World rank
21st
of 31 countries
All-time high
9.7%
in 2016
All-time low
3.0%
in 2010
Years of data
14
2008–2023

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

468102008201520232008: 6.7 poorest2009: 3.2 poorest2010: 3 poorest2011: 3.1 poorest2012: 3.3 poorest2013: 3.9 poorest2014: 3.4 poorest2015: 8.7 poorest2016: 9.7 poorest2017: 7.6 poorest2018: 8.2 poorest2019: 8.9 poorest2021: 6.4 poorest2023: 7.7 poorest

Source: ASPIRE. Measured in poorest.

Analysis

Panama recorded 7.7% for poverty headcount reduction (%) - domestic private transfers -1st in 2023.

Compared with earlier readings it is up 19.4% on the previous year and up 95.9% over ten years.

Over the whole period, poverty headcount reduction (%) - domestic private transfers -1st in Panama peaked at 9.7% in 2016 and was at its lowest, 3.0%, in 2010.

Panama ranks 21st of 31 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 (%) - Domestic Private Transfers -1st in Panama, year by year

Annual values for Poverty Headcount reduction (%) - Domestic Private Transfers -1st quintile (poorest) in Panama, 2008 to 2023.
Year poorest Change
2008 6.7%
2009 3.2% -52.5%
2010 3.0% -4.6%
2011 3.1% +2.4%
2012 3.3% +7.2%
2013 3.9% +17.6%
2014 3.4% -12.5%
2015 8.7% +152.4%
2016 9.7% +12.4%
2017 7.6% -21.8%
2018 8.2% +7.8%
2019 8.9% +8.4%
2021 6.4% -27.6%
2023 7.7% +19.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.9% 3.2% 6.7% 2
2010s 6.0% 3.0% 9.7% 10
2020s 7.1% 6.4% 7.7% 2

Countries ranked near Panama

  1. 18 Uruguay 8.8% compare
  2. 19 Armenia 8.6% compare
  3. 20 Chile 8.1% compare
  4. 22 Türkiye 7.5% compare
  5. 23 Kyrgyzstan 7.4% compare
  6. 24 El Salvador 6.8% compare

See the full ranking of 31 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 7.7% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - domestic private transfers -1st recorded in Panama?
The highest recorded value was 9.7% in 2016.
What is the lowest poverty headcount reduction (%) - domestic private transfers -1st recorded in Panama?
The lowest recorded value was 3.0% in 2010.
How does Panama rank for poverty headcount reduction (%) - domestic private transfers -1st?
Panama ranks 21st out of 31 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 95.9%. 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 (%) - Domestic Private Transfers -1st quintile (poorest). 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 06 September 2026, from https://labour.statizoid.com/stat/poverty-headcount-reduction-percent-domestic-private-transfers-1st-quintile-poorest/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - Domestic Private Transfers -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 318 data points, 2003–2023
Last refreshed

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