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

Panama: Poverty Gap reduction (%) - Contributory Pensions - 1st quintile was 24.4% in 2023. β–² Rising

Latest (2023)
24.4%
Change on year
up 8.1%
World rank
20th
of 33 countries
All-time high
24.4%
in 2023
All-time low
18.7%
in 2018
Years of data
14
2008–2023

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

05101520252008201520232008: 20.92009: 19.52010: 19.32011: 20.22012: 192013: 192014: 18.82015: 19.42016: 19.82017: 19.52018: 18.72019: 19.42021: 22.52023: 24.4

Source: ASPIRE.

Analysis

Panama recorded 24.4% for poverty gap reduction (%) - contributory pensions - 1st quintile in 2023. That is the highest value across all 14 years on record.

The figure is up 8.1% on the previous year and up 28.5% over ten years.

Over the whole period, poverty gap reduction (%) - contributory pensions - 1st quintile in Panama peaked at 24.4% in 2023 and was at its lowest, 18.7%, in 2018.

That places Panama 20th out of 33 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.2% 19.5% 20.9% 2
2010s 19.3% 18.7% 20.2% 10
2020s 23.4% 22.5% 24.4% 2

Countries ranked near Panama

  1. 17 Chile 34.3% compare
  2. 18 Costa Rica 27.9% compare
  3. 19 Vietnam 27.3% compare
  4. 21 Sri Lanka 22.2% compare
  5. 22 Mexico 21.3% compare
  6. 23 Pakistan 21.0% compare

See the full ranking of 33 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 24.4% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - contributory pensions - 1st quintile recorded in Panama?
The highest recorded value was 24.4% in 2023.
What is the lowest poverty gap reduction (%) - contributory pensions - 1st quintile recorded in Panama?
The lowest recorded value was 18.7% in 2018.
How does Panama rank for poverty gap reduction (%) - contributory pensions - 1st quintile?
Panama ranks 20th out of 33 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 28.5%. 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 (%) - Contributory Pensions - 1st quintile (poorest) -urban. 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 18 August 2026, from https://reference.statizoid.com/stat/poverty-gap-reduction-percent-contributory-pensions-1st-quintile-poorest-urban/panama/

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About this data

Indicator
Poverty Gap reduction (%) - Contributory Pensions - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

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