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

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

Latest (2023)
1.5%
Change on year
up 37.0%
World rank
32nd
of 36 countries
All-time high
1.6%
in 2019
All-time low
0.6%
in 2011
Years of data
14
2008–2023

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

00.511.52008201520232008: 1.22009: 0.5982010: 0.7572011: 0.5912012: 0.7952013: 0.7782014: 0.7082015: 1.12016: 1.62017: 1.32018: 1.62019: 1.62021: 1.12023: 1.5

Source: ASPIRE.

Analysis

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

Compared with earlier readings it is up 37.0% on the previous year and up 91.6% over ten years.

Over the whole period, gini inequality index reduction (%) - all private transfers in Panama peaked at 1.6% in 2019 and was at its lowest, 0.6%, in 2011.

Panama ranks 32nd of 36 countries on this measure, in the bottom quarter.

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

Gini inequality index reduction (%) - All Private Transfers in Panama, year by year

Annual values for Gini inequality index reduction (%) - All Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 1.2% —
2009 0.6% -50.6%
2010 0.8% +26.7%
2011 0.6% -21.9%
2012 0.8% +34.5%
2013 0.8% -2.1%
2014 0.7% -9.0%
2015 1.1% +61.3%
2016 1.6% +36.8%
2017 1.3% -15.9%
2018 1.6% +19.2%
2019 1.6% +1.3%
2021 1.1% -31.4%
2023 1.5% +37.0%

Panama compared with similar countries

  • Panama's 1.5% is below the median for high income countries, which is 2.2%, 67% of the median. (6 countries reporting)
  • Panama's 1.5% is below the median for Latin America & Caribbean, which is 2.3%, 64% of the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9% 0.6% 1.2% 2
2010s 1.1% 0.6% 1.6% 10
2020s 1.3% 1.1% 1.5% 2

Countries ranked near Panama

  1. 29 Cote d'Ivoire 1.7% compare
  2. 30 Turkey 1.6% compare
  3. 31 Chile 1.5% compare
  4. 33 Argentina 1.3% compare
  5. 34 Burkina Faso 0.6% compare
  6. 35 Brazil 0.5% compare

See the full ranking of 36 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is gini inequality index reduction (%) - all private transfers in Panama?
Gini inequality index reduction (%) - all private transfers in Panama was 1.5% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - all private transfers recorded in Panama?
The highest recorded value was 1.6% in 2019.
What is the lowest gini inequality index reduction (%) - all private transfers recorded in Panama?
The lowest recorded value was 0.6% in 2011.
How does Panama rank for gini inequality index reduction (%) - all private transfers?
Panama ranks 32nd out of 36 countries with data for 2023.
Is gini inequality index reduction (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 91.6%. 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. Statizoid updates them automatically from the source API.

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Gini inequality index reduction (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/gini-inequality-index-reduction-percent-all-private-transfers/panama/

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About this data

Indicator
Gini inequality index reduction (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 351 data points, 2002–2023
Last refreshed

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