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

Panama: Gini inequality index reduction (%) - All Private Transfers -urban was 1.5% in 2023. ▲ Rising

Latest (2023)
1.5%
Change on year
up 51.4%
World rank
29th
of 34 countries
All-time high
1.8%
in 2016
All-time low
0.7%
in 2011
Years of data
14
2008–2023

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

00.511.522008201520232008: 1.42009: 0.8622010: 12011: 0.7462012: 12013: 0.9862014: 0.9082015: 1.32016: 1.82017: 1.42018: 1.72019: 1.72021: 12023: 1.5

Source: ASPIRE.

Analysis

Panama recorded 1.5% for gini inequality index reduction (%) - all private transfers -urban in 2023.

That represents a change of up 51.4% on the previous year and up 56.2% over ten years.

Over the whole period, gini inequality index reduction (%) - all private transfers -urban in Panama peaked at 1.8% in 2016 and was at its lowest, 0.7%, in 2011.

Panama ranks 29th of 34 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1% 0.9% 1.4% 2
2010s 1.3% 0.7% 1.8% 10
2020s 1.3% 1.0% 1.5% 2

Countries ranked near Panama

  1. 26 Colombia 1.9% compare
  2. 27 Turkey 1.6% compare
  3. 28 Chile 1.6% compare
  4. 30 Vietnam 1.4% compare
  5. 31 Argentina 1.3% compare
  6. 32 Kazakhstan 0.6% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is gini inequality index reduction (%) - all private transfers -urban in Panama?
Gini inequality index reduction (%) - all private transfers -urban in Panama was 1.5% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all private transfers -urban recorded in Panama?
The highest recorded value was 1.8% in 2016.
What is the lowest gini inequality index reduction (%) - all private transfers -urban recorded in Panama?
The lowest recorded value was 0.7% in 2011.
How does Panama rank for gini inequality index reduction (%) - all private transfers -urban?
Panama ranks 29th out of 34 countries with data for 2023.
Is gini inequality index reduction (%) - all private transfers -urban rising or falling in Panama?
Over the last ten years it is up 56.2%. 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 Gini inequality index reduction (%) - All Private Transfers -urban. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gini inequality index reduction (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 345 data points, 2002–2023
Last refreshed

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