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

Panama: Poverty Gap reduction (%) - All Private Transfers -1st quintile was 10.9% in 2023. ▲ Rising

Latest (2023)
10.9%
Change on year
up 6.2%
World rank
33rd
of 35 countries
All-time high
13.7%
in 2016
All-time low
4.2%
in 2014
Years of data
14
2008–2023

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

4681012142008201520232008: 13.6 poorest2009: 4.7 poorest2010: 5.5 poorest2011: 5.2 poorest2012: 4.9 poorest2013: 5.5 poorest2014: 4.2 poorest2015: 12.5 poorest2016: 13.7 poorest2017: 12.9 poorest2018: 11.7 poorest2019: 13.3 poorest2021: 10.2 poorest2023: 10.9 poorest

Source: ASPIRE. Measured in poorest.

Analysis

Panama recorded 10.9% for poverty gap reduction (%) - all private transfers -1st quintile in 2023.

The figure is up 6.2% on the previous year and up 97.9% over ten years.

Over the whole period, poverty gap reduction (%) - all private transfers -1st quintile in Panama peaked at 13.7% in 2016 and was at its lowest, 4.2%, in 2014.

That places Panama 33rd out of 35 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 9.1% 4.7% 13.6% 2
2010s 8.9% 4.2% 13.7% 10
2020s 10.6% 10.2% 10.9% 2

Countries ranked near Panama

  1. 30 Türkiye, Republic of 15.5% compare
  2. 31 Kazakhstan, Republic of 12.9% compare
  3. 32 Burkina Faso 11.5% compare
  4. 34 Argentina 10.7% compare
  5. 35 Brazil 5.3% 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 10.9% 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 13.7% in 2016.
What is the lowest poverty gap reduction (%) - all private transfers -1st quintile recorded in Panama?
The lowest recorded value was 4.2% in 2014.
How does Panama rank for poverty gap reduction (%) - all private transfers -1st quintile?
Panama ranks 33rd 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 97.9%. 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). 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 18 August 2026, from https://reference.statizoid.com/stat/poverty-gap-reduction-percent-all-private-transfers-1st-quintile-poorest/panama/

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About this data

Indicator
Poverty Gap reduction (%) - All Private Transfers -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 346 data points, 2002–2023
Last refreshed

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