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Poverty Gap reduction (%) - All Private Transfers -extreme poor in Panama

Panama: Poverty Gap reduction (%) - All Private Transfers -extreme poor was 35.7% in 2023. ▲ Rising

Latest (2023)
35.7%
Change on year
up 2.9%
World rank
28th
of 34 countries
All-time high
40.9%
in 2015
All-time low
11.6%
in 2014
Years of data
14
2008–2023

Poverty Gap reduction (%) - All Private Transfers -extreme poor in Panama, 2008–2023

102030402008201520232008: 29.1 <$2.15 a day2009: 17.3 <$2.15 a day2010: 15.7 <$2.15 a day2011: 14.5 <$2.15 a day2012: 13.8 <$2.15 a day2013: 12.6 <$2.15 a day2014: 11.6 <$2.15 a day2015: 40.9 <$2.15 a day2016: 39.6 <$2.15 a day2017: 28.5 <$2.15 a day2018: 32.6 <$2.15 a day2019: 38 <$2.15 a day2021: 34.7 <$2.15 a day2023: 35.7 <$2.15 a day

Source: ASPIRE. Measured in <$2.15 a day.

Analysis

The most recent figure for poverty gap reduction (%) - all private transfers -extreme poor in Panama is 35.7%, measured in 2023.

Compared with earlier readings it is up 2.9% on the previous year and up 184.0% over ten years.

Over the whole period, poverty gap reduction (%) - all private transfers -extreme poor in Panama peaked at 40.9% in 2015 and was at its lowest, 11.6%, in 2014.

Panama ranks 28th of 34 countries on this measure, 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 23.2% 17.3% 29.1% 2
2010s 24.8% 11.6% 40.9% 10
2020s 35.2% 34.7% 35.7% 2

Countries ranked near Panama

  1. 25 Honduras 40.1% compare
  2. 27 Cote d'Ivoire 36.0% compare
  3. 29 Colombia 33.5% compare
  4. 30 Peru 27.9% compare
  5. 31 El Salvador 17.9% 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 -extreme poor in Panama?
Poverty gap reduction (%) - all private transfers -extreme poor in Panama was 35.7% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - all private transfers -extreme poor recorded in Panama?
The highest recorded value was 40.9% in 2015.
What is the lowest poverty gap reduction (%) - all private transfers -extreme poor recorded in Panama?
The lowest recorded value was 11.6% in 2014.
How does Panama rank for poverty gap reduction (%) - all private transfers -extreme poor?
Panama ranks 28th out of 34 countries with data for 2023.
Is poverty gap reduction (%) - all private transfers -extreme poor rising or falling in Panama?
Over the last ten years it is up 184.0%. 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 -extreme poor (<$2.15 a day). 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
Poverty Gap reduction (%) - All Private Transfers -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 345 data points, 2002–2023
Last refreshed

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