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Poverty Gap reduction (%) - Contributory Pensions -1st quintile in Panama

Panama: Poverty Gap reduction (%) - Contributory Pensions -1st quintile was 4.0% in 2023. β–² Rising

Latest (2023)
4.0%
Change on year
down 38.5%
World rank
25th
of 30 countries
All-time high
7.4%
in 2008
All-time low
2.4%
in 2011
Years of data
14
2008–2023

Poverty Gap reduction (%) - Contributory Pensions -1st quintile in Panama, 2008–2023

24682008201520232008: 7.42009: 4.62010: 3.52011: 2.42012: 2.52013: 32014: 2.82015: 4.42016: 3.12017: 6.72018: 42019: 4.32021: 6.52023: 4

Source: ASPIRE.

Analysis

In 2023, poverty gap reduction (%) - contributory pensions -1st quintile in Panama stood at 4.0%.

Compared with earlier readings it is down 38.5% on the previous year and up 35.7% over ten years.

Over the whole period, poverty gap reduction (%) - contributory pensions -1st quintile in Panama peaked at 7.4% in 2008 and was at its lowest, 2.4%, in 2011.

That places Panama 25th out of 30 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 6.0% 4.6% 7.4% 2
2010s 3.7% 2.4% 6.7% 10
2020s 5.3% 4.0% 6.5% 2

Countries ranked near Panama

  1. 22 Mexico 5.8% compare
  2. 23 Dominican Republic 5.2% compare
  3. 24 Ecuador 4.2% compare
  4. 26 Colombia 2.5% compare
  5. 27 Cote d'Ivoire 2.4% compare
  6. 28 Peru 1.8% compare

See the full ranking of 30 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is poverty gap reduction (%) - contributory pensions -1st quintile in Panama?
Poverty gap reduction (%) - contributory pensions -1st quintile in Panama was 4.0% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - contributory pensions -1st quintile recorded in Panama?
The highest recorded value was 7.4% in 2008.
What is the lowest poverty gap reduction (%) - contributory pensions -1st quintile recorded in Panama?
The lowest recorded value was 2.4% in 2011.
How does Panama rank for poverty gap reduction (%) - contributory pensions -1st quintile?
Panama ranks 25th out of 30 countries with data for 2023.
Is poverty gap reduction (%) - contributory pensions -1st quintile rising or falling in Panama?
Over the last ten years it is up 35.7%. 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 (%) - Contributory Pensions -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.

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Poverty Gap reduction (%) - Contributory Pensions -1st quintile in Panama. Statizoid, drawing on ASPIRE. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/poverty-gap-reduction-percent-contributory-pensions-1st-quintile-poorest-rural/panama/

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About this data

Indicator
Poverty Gap reduction (%) - Contributory Pensions -1st quintile (poorest) -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 data points, 2002–2023
Last refreshed

Poverty gap reduction due to Contributory Pensions programs as % of pre-transfer poverty gap