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

Panama: Poverty Gap reduction (%) - All Private Transfers - 1st quintile was 14.1% in 2023. ▲ Rising

Latest (2023)
14.1%
Change on year
up 25.5%
World rank
32nd
of 36 countries
All-time high
19.8%
in 2016
All-time low
7.0%
in 2011
Years of data
14
2008–2023

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

051015202008201520232008: 15.12009: 7.32010: 8.82011: 72012: 8.92013: 8.42014: 7.72015: 15.92016: 19.82017: 15.22018: 15.62019: 17.22021: 11.22023: 14.1

Source: ASPIRE.

Analysis

In 2023, poverty gap reduction (%) - all private transfers - 1st quintile in Panama stood at 14.1%.

The figure is up 25.5% on the previous year and up 67.5% over ten years.

Over the whole period, poverty gap reduction (%) - all private transfers - 1st quintile in Panama peaked at 19.8% in 2016 and was at its lowest, 7.0%, in 2011.

That places Panama 32nd out of 36 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.

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) -urban in Panama, 2008 to 2023.
Year Value Change
2008 15.1%
2009 7.3% -51.5%
2010 8.8% +19.9%
2011 7.0% -20.9%
2012 8.9% +27.5%
2013 8.4% -5.4%
2014 7.7% -8.7%
2015 15.9% +108.0%
2016 19.8% +24.3%
2017 15.2% -23.2%
2018 15.6% +2.8%
2019 17.2% +10.2%
2021 11.2% -35.0%
2023 14.1% +25.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.2% 7.3% 15.1% 2
2010s 12.5% 7.0% 19.8% 10
2020s 12.6% 11.2% 14.1% 2

Countries ranked near Panama

  1. 29 Chile 16.2% compare
  2. 30 Türkiye 15.5% compare
  3. 31 Kazakhstan 14.6% compare
  4. 33 Viet Nam 12.4% compare
  5. 34 Argentina 10.7% compare
  6. 35 Burkina Faso 9.7% compare

See the full ranking of 36 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 14.1% 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 19.8% in 2016.
What is the lowest poverty gap reduction (%) - all private transfers - 1st quintile recorded in Panama?
The lowest recorded value was 7.0% in 2011.
How does Panama rank for poverty gap reduction (%) - all private transfers - 1st quintile?
Panama ranks 32nd out of 36 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 67.5%. 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 Poverty Gap reduction (%) - All Private Transfers - 1st quintile (poorest) -urban. 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 26 August 2026, from https://reference.statizoid.com/stat/poverty-gap-reduction-percent-all-private-transfers-1st-quintile-poorest-urban/panama/

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About this data

Indicator
Poverty Gap reduction (%) - All Private Transfers - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 350 data points, 2002–2023
Last refreshed

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