Gini inequality index reduction (%) - Contributory Pensions -rural in Panama

Panama: Gini inequality index reduction (%) - Contributory Pensions -rural was -0.9% in 2023. ▲ Rising

Latest (2023)
-0.9%
Change on year
up 24.4%
World rank
26th
of 29 countries
All-time high
-0.5%
in 2008
All-time low
-2.0%
in 2009
Years of data
14
2008–2023

Gini inequality index reduction (%) - Contributory Pensions -rural in Panama, 2008–2023

-2-1.5-1-0.52008201520232008: -0.5212009: -22010: -1.52011: -0.9542012: -0.9982013: -1.62014: -1.42015: -0.6682016: -0.8562017: -0.7242018: -0.7232019: -0.6042021: -1.12023: -0.86

Source: ASPIRE.

Analysis

Panama recorded -0.9% for gini inequality index reduction (%) - contributory pensions -rural in 2023.

That represents a change of up 24.4% on the previous year and up 46.8% over ten years.

Over the whole period, gini inequality index reduction (%) - contributory pensions -rural in Panama peaked at -0.5% in 2008 and was at its lowest, -2.0%, in 2009.

That places Panama 26th out of 29 countries with data for 2023, putting it 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 -1.2% -2.0% -0.5% 2
2010s -1.0% -1.6% -0.6% 10
2020s -1.0% -1.1% -0.9% 2

Countries ranked near Panama

  1. 23 Bolivia -0.3% compare
  2. 24 Peru -0.5% compare
  3. 27 Ecuador -1.2% compare
  4. 28 Dominican Republic -1.3% compare
  5. 29 Colombia -3.9% compare

See the full ranking of 30 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is gini inequality index reduction (%) - contributory pensions -rural in Panama?
Gini inequality index reduction (%) - contributory pensions -rural in Panama was -0.9% in 2023, according to ASPIRE.
What is the highest gini inequality index reduction (%) - contributory pensions -rural recorded in Panama?
The highest recorded value was -0.5% in 2008.
What is the lowest gini inequality index reduction (%) - contributory pensions -rural recorded in Panama?
The lowest recorded value was -2.0% in 2009.
How does Panama rank for gini inequality index reduction (%) - contributory pensions -rural?
Panama ranks 26th out of 29 countries with data for 2023.
Is gini inequality index reduction (%) - contributory pensions -rural rising or falling in Panama?
Over the last ten years it is up 46.8%. 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 (%) - Contributory Pensions -rural. 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 (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 data points, 2002–2023
Last refreshed

Gini inequality index reduction due to Contributory Pensions programs as % of pre-transfer Gini index