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Poverty Gap reduction (%) - Contributory Pensions -extreme poor in Panama

Panama: Poverty Gap reduction (%) - Contributory Pensions -extreme poor was 28.8% in 2023. ▲ Rising

Latest (2023)
28.8%
Change on year
down 29.7%
World rank
22nd
of 32 countries
All-time high
41.0%
in 2021
All-time low
14.8%
in 2008
Years of data
14
2008–2023

Poverty Gap reduction (%) - Contributory Pensions -extreme poor in Panama, 2008–2023

0102030402008201520232008: 14.8 <$2.15 a day2009: 26.9 <$2.15 a day2010: 23.5 <$2.15 a day2011: 22.7 <$2.15 a day2012: 17.2 <$2.15 a day2013: 24.5 <$2.15 a day2014: 16.1 <$2.15 a day2015: 19 <$2.15 a day2016: 27 <$2.15 a day2017: 23.6 <$2.15 a day2018: 27.9 <$2.15 a day2019: 29.1 <$2.15 a day2021: 41 <$2.15 a day2023: 28.8 <$2.15 a day

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

Analysis

The most recent figure for poverty gap reduction (%) - contributory pensions -extreme poor in Panama is 28.8%, measured in 2023.

The figure is down 29.7% on the previous year and up 17.7% over ten years.

Over the whole period, poverty gap reduction (%) - contributory pensions -extreme poor in Panama peaked at 41.0% in 2021 and was at its lowest, 14.8%, in 2008.

That places Panama 22nd out of 32 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 20.8% 14.8% 26.9% 2
2010s 23.1% 16.1% 29.1% 10
2020s 34.9% 28.8% 41.0% 2

Countries ranked near Panama

  1. 19 Costa Rica 54.6% compare
  2. 20 Pakistan 47.5% compare
  3. 21 Mexico 31.2% compare
  4. 23 Dominican Republic 24.9% compare
  5. 24 Ecuador 15.8% compare
  6. 25 South Africa 12.6% 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 -extreme poor in Panama?
Poverty gap reduction (%) - contributory pensions -extreme poor in Panama was 28.8% in 2023, according to ASPIRE.
What is the highest poverty gap reduction (%) - contributory pensions -extreme poor recorded in Panama?
The highest recorded value was 41.0% in 2021.
What is the lowest poverty gap reduction (%) - contributory pensions -extreme poor recorded in Panama?
The lowest recorded value was 14.8% in 2008.
How does Panama rank for poverty gap reduction (%) - contributory pensions -extreme poor?
Panama ranks 22nd out of 32 countries with data for 2023.
Is poverty gap reduction (%) - contributory pensions -extreme poor rising or falling in Panama?
Over the last ten years it is up 17.7%. 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 -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 (%) - Contributory Pensions -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 341 data points, 2002–2023
Last refreshed

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