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

Panama: Poverty Gap reduction (%) - Contributory Pensions -1st quintile was 12.5% in 2023. ▲ Rising

Latest (2023)
12.5%
Change on year
up 1.4%
World rank
22nd
of 32 countries
All-time high
12.6%
in 2008
All-time low
8.4%
in 2012
Years of data
14
2008–2023

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

0510152008201520232008: 12.6 poorest2009: 10.6 poorest2010: 8.9 poorest2011: 9.8 poorest2012: 8.4 poorest2013: 8.5 poorest2014: 9 poorest2015: 8.8 poorest2016: 8.4 poorest2017: 10.1 poorest2018: 10.1 poorest2019: 9.7 poorest2021: 12.3 poorest2023: 12.5 poorest

Source: ASPIRE. Measured in poorest.

Analysis

Panama recorded 12.5% for poverty gap reduction (%) - contributory pensions -1st quintile in 2023.

The figure is up 1.4% on the previous year and up 47.3% over ten years.

Over the whole period, poverty gap reduction (%) - contributory pensions -1st quintile in Panama peaked at 12.6% in 2008 and was at its lowest, 8.4%, in 2012.

Panama ranks 22nd of 32 countries on this measure, 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 11.6% 10.6% 12.6% 2
2010s 9.2% 8.4% 10.1% 10
2020s 12.4% 12.3% 12.5% 2

Countries ranked near Panama

  1. 19 Pakistan 21.2% compare
  2. 20 Vietnam 17.8% compare
  3. 21 Mexico 14.9% compare
  4. 23 South Africa 12.0% compare
  5. 24 Ecuador 10.1% compare
  6. 25 Dominican Republic 8.8% compare

See the full ranking of 33 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is poverty gap reduction (%) - contributory pensions -1st quintile in Panama?
Poverty gap reduction (%) - contributory pensions -1st quintile in Panama was 12.5% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - contributory pensions -1st quintile recorded in Panama?
The highest recorded value was 12.6% in 2008.
What is the lowest poverty gap reduction (%) - contributory pensions -1st quintile recorded in Panama?
The lowest recorded value was 8.4% in 2012.
How does Panama rank for poverty gap reduction (%) - contributory pensions -1st quintile?
Panama ranks 22nd out of 32 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 47.3%. 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). Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Poverty Gap reduction (%) - Contributory Pensions -1st quintile (poorest)
Unit
poorest
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