Gini inequality index reduction (%) - All Private Transfers -rural in Panama

Panama: Gini inequality index reduction (%) - All Private Transfers -rural was 1.8% in 2023. ◆ Volatile

Latest (2023)
1.8%
Change on year
up 1.7%
World rank
27th
of 33 countries
All-time high
2.1%
in 2016
All-time low
0.4%
in 2009
Years of data
14
2008–2023

Gini inequality index reduction (%) - All Private Transfers -rural in Panama, 2008–2023

0.511.522008201520232008: 1.82009: 0.3662010: 0.5322011: 0.462012: 0.532013: 0.562014: 0.4932015: 0.5292016: 2.12017: 1.52018: 1.72019: 1.92021: 1.72023: 1.8

Source: ASPIRE.

Analysis

In 2023, gini inequality index reduction (%) - all private transfers -rural in Panama stood at 1.8%.

Compared with earlier readings it is up 1.7% on the previous year and up 212.7% over ten years.

Over the whole period, gini inequality index reduction (%) - all private transfers -rural in Panama peaked at 2.1% in 2016 and was at its lowest, 0.4%, in 2009.

Panama ranks 27th of 33 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1% 0.4% 1.8% 2
2010s 1.0% 0.5% 2.1% 10
2020s 1.7% 1.7% 1.8% 2

Countries ranked near Panama

  1. 24 Malawi 2.3% compare
  2. 25 Romania 2.3% compare
  3. 26 Cote d'Ivoire 2.2% compare
  4. 28 Chile 1.7% compare
  5. 29 Peru 1.1% compare
  6. 30 Uruguay 1.0% compare

See the full ranking of 34 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is gini inequality index reduction (%) - all private transfers -rural in Panama?
Gini inequality index reduction (%) - all private transfers -rural in Panama was 1.8% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all private transfers -rural recorded in Panama?
The highest recorded value was 2.1% in 2016.
What is the lowest gini inequality index reduction (%) - all private transfers -rural recorded in Panama?
The lowest recorded value was 0.4% in 2009.
How does Panama rank for gini inequality index reduction (%) - all private transfers -rural?
Panama ranks 27th out of 33 countries with data for 2023.
Is gini inequality index reduction (%) - all private transfers -rural rising or falling in Panama?
Over the last ten years it is up 212.7%. 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 Gini inequality index reduction (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

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About this data

Indicator
Gini inequality index reduction (%) - All Private Transfers -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 329 data points, 2002–2023
Last refreshed

Gini inequality index reduction due to Private Transfers programs as % of pre-transfer Gini index