Poverty Headcount reduction (%) - All Private Transfers - 1st in Panama

Panama: Poverty Headcount reduction (%) - All Private Transfers - 1st was 6.7% in 2023. ▲ Rising

Latest (2023)
6.7%
Change on year
down 10.7%
World rank
32nd
of 36 countries
All-time high
11.3%
in 2016
All-time low
3.5%
in 2011
Years of data
14
2008–2023

Poverty Headcount reduction (%) - All Private Transfers - 1st in Panama, 2008–2023

46810122008201520232008: 8.22009: 52010: 52011: 3.52012: 4.82013: 4.32014: 4.42015: 8.22016: 11.32017: 8.92018: 92019: 10.32021: 7.52023: 6.7

Source: ASPIRE.

Analysis

In 2023, poverty headcount reduction (%) - all private transfers - 1st in Panama stood at 6.7%.

Compared with earlier readings it is down 10.7% on the previous year and up 54.9% over ten years.

Over the whole period, poverty headcount reduction (%) - all private transfers - 1st in Panama peaked at 11.3% in 2016 and was at its lowest, 3.5%, in 2011.

That places Panama 32nd out of 36 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.

Poverty Headcount reduction (%) - All Private Transfers - 1st in Panama, year by year

Annual values for Poverty Headcount reduction (%) - All Private Transfers - 1st quintile (poorest) -urban in Panama, 2008 to 2023.
Year Value Change
2008 8.2%
2009 5.0% -38.8%
2010 5.0% -1.0%
2011 3.5% -29.9%
2012 4.8% +38.5%
2013 4.3% -11.0%
2014 4.4% +1.6%
2015 8.2% +87.5%
2016 11.3% +37.8%
2017 8.9% -21.2%
2018 9.0% +0.5%
2019 10.3% +15.4%
2021 7.5% -27.7%
2023 6.7% -10.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.6% 5.0% 8.2% 2
2010s 7.0% 3.5% 11.3% 10
2020s 7.1% 6.7% 7.5% 2

Countries ranked near Panama

  1. 29 Serbia 7.1% compare
  2. 30 Kazakhstan 7.0% compare
  3. 31 Romania 6.9% compare
  4. 33 Argentina 5.7% compare
  5. 34 Burkina Faso 5.2% compare
  6. 35 Viet Nam 5.1% compare

See the full ranking of 36 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - all private transfers - 1st in Panama?
Poverty headcount reduction (%) - all private transfers - 1st in Panama was 6.7% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all private transfers - 1st recorded in Panama?
The highest recorded value was 11.3% in 2016.
What is the lowest poverty headcount reduction (%) - all private transfers - 1st recorded in Panama?
The lowest recorded value was 3.5% in 2011.
How does Panama rank for poverty headcount reduction (%) - all private transfers - 1st?
Panama ranks 32nd out of 36 countries with data for 2023.
Is poverty headcount reduction (%) - all private transfers - 1st rising or falling in Panama?
Over the last ten years it is up 54.9%. 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 Headcount reduction (%) - All Private Transfers - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - All Private Transfers - 1st in Panama. Statizoid, drawing on ASPIRE. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/poverty-headcount-reduction-percent-all-private-transfers-1st-quintile-poorest-urban/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Private Transfers - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 350 data points, 2002–2023
Last refreshed

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