Poverty Gap reduction (%) - All Private Transfers -1st quintile in Panama

Panama: Poverty Gap reduction (%) - All Private Transfers -1st quintile was 11.1% in 2023. ◆ Volatile

Latest (2023)
11.1%
Change on year
down 12.8%
World rank
32nd
of 35 countries
All-time high
17.1%
in 2016
All-time low
2.8%
in 2014
Years of data
14
2008–2023

Poverty Gap reduction (%) - All Private Transfers -1st quintile in Panama, 2008–2023

510152008201520232008: 13.32009: 3.52010: 4.82011: 3.52012: 3.22013: 3.22014: 2.82015: 15.12016: 17.12017: 13.42018: 14.52019: 15.72021: 12.72023: 11.1

Source: ASPIRE.

Analysis

In 2023, poverty gap reduction (%) - all private transfers -1st quintile in Panama stood at 11.1%.

The figure is down 12.8% on the previous year and up 243.2% over ten years.

Over the whole period, poverty gap reduction (%) - all private transfers -1st quintile in Panama peaked at 17.1% in 2016 and was at its lowest, 2.8%, in 2014.

That places Panama 32nd out of 35 countries with data for 2023, putting it in the bottom quarter.

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

Poverty Gap reduction (%) - All Private Transfers -1st quintile in Panama, year by year

Annual values for Poverty Gap reduction (%) - All Private Transfers -1st quintile (poorest) -rural in Panama, 2008 to 2023.
Year Value Change
2008 13.3%
2009 3.5% -73.7%
2010 4.8% +36.3%
2011 3.5% -26.6%
2012 3.2% -7.6%
2013 3.2% -0.5%
2014 2.8% -12.3%
2015 15.1% +433.9%
2016 17.1% +13.4%
2017 13.4% -21.8%
2018 14.5% +8.1%
2019 15.7% +8.5%
2021 12.7% -19.3%
2023 11.1% -12.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.4% 3.5% 13.3% 2
2010s 9.3% 2.8% 17.1% 10
2020s 11.9% 11.1% 12.7% 2

Countries ranked near Panama

  1. 29 Burkina Faso 13.0% compare
  2. 30 Chile 12.7% compare
  3. 31 Uruguay 12.3% compare
  4. 33 Kazakhstan 11.0% compare
  5. 34 Peru 8.4% compare
  6. 35 Brazil 3.4% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is poverty gap reduction (%) - all private transfers -1st quintile in Panama?
Poverty gap reduction (%) - all private transfers -1st quintile in Panama was 11.1% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - all private transfers -1st quintile recorded in Panama?
The highest recorded value was 17.1% in 2016.
What is the lowest poverty gap reduction (%) - all private transfers -1st quintile recorded in Panama?
The lowest recorded value was 2.8% in 2014.
How does Panama rank for poverty gap reduction (%) - all private transfers -1st quintile?
Panama ranks 32nd out of 35 countries with data for 2023.
Is poverty gap reduction (%) - all private transfers -1st quintile rising or falling in Panama?
Over the last ten years it is up 243.2%. 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 Poverty Gap reduction (%) - All Private Transfers -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.

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Poverty Gap reduction (%) - All Private Transfers -1st quintile in Panama. Statizoid, drawing on ASPIRE. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/poverty-gap-reduction-percent-all-private-transfers-1st-quintile-poorest-rural/panama/

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About this data

Indicator
Poverty Gap reduction (%) - All Private Transfers -1st quintile (poorest) -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 334 data points, 2002–2023
Last refreshed

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