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

Panama: Poverty Headcount reduction (%) - All Private Transfers -1st quintile was 7.7% in 2023. ▲ Rising

Latest (2023)
7.7%
Change on year
up 19.4%
World rank
29th
of 35 countries
All-time high
9.7%
in 2016
All-time low
3.0%
in 2010
Years of data
14
2008–2023

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

468102008201520232008: 7 poorest2009: 3.2 poorest2010: 3 poorest2011: 3.1 poorest2012: 3.3 poorest2013: 3.9 poorest2014: 3.4 poorest2015: 8.7 poorest2016: 9.7 poorest2017: 7.6 poorest2018: 8.2 poorest2019: 8.9 poorest2021: 6.4 poorest2023: 7.7 poorest

Source: ASPIRE. Measured in poorest.

Analysis

In 2023, poverty headcount reduction (%) - all private transfers -1st quintile in Panama stood at 7.7%.

Compared with earlier readings it is up 19.4% on the previous year and up 95.9% over ten years.

Over the whole period, poverty headcount reduction (%) - all private transfers -1st quintile in Panama peaked at 9.7% in 2016 and was at its lowest, 3.0%, in 2010.

Panama ranks 29th of 35 countries on this measure, 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 5.1% 3.2% 7.0% 2
2010s 6.0% 3.0% 9.7% 10
2020s 7.1% 6.4% 7.7% 2

Countries ranked near Panama

  1. 26 Chile 8.4% compare
  2. 27 Türkiye 8.0% compare
  3. 28 Serbia, Republic of 7.7% compare
  4. 30 Vietnam 6.7% compare
  5. 31 Burkina Faso 6.6% compare
  6. 32 Kazakhstan, Republic of 6.1% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - all private transfers -1st quintile in Panama?
Poverty headcount reduction (%) - all private transfers -1st quintile in Panama was 7.7% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all private transfers -1st quintile recorded in Panama?
The highest recorded value was 9.7% in 2016.
What is the lowest poverty headcount reduction (%) - all private transfers -1st quintile recorded in Panama?
The lowest recorded value was 3.0% in 2010.
How does Panama rank for poverty headcount reduction (%) - all private transfers -1st quintile?
Panama ranks 29th out of 35 countries with data for 2023.
Is poverty headcount reduction (%) - all private transfers -1st quintile rising or falling in Panama?
Over the last ten years it is up 95.9%. 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). Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - All Private Transfers -1st quintile in Panama. Statizoid, drawing on ASPIRE. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/poverty-headcount-reduction-percent-all-private-transfers-1st-quintile-poorest/panama/

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About this data

Indicator
Poverty Headcount reduction (%) - All Private Transfers -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 346 data points, 2002–2023
Last refreshed

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