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Poverty Headcount reduction (%) - All Private Transfers -extreme poor in Panama

Panama: Poverty Headcount reduction (%) - All Private Transfers -extreme poor was 20.0% in 2023. ▲ Rising

Latest (2023)
20.0%
Change on year
down 14.8%
World rank
30th
of 34 countries
All-time high
31.2%
in 2019
All-time low
6.3%
in 2014
Years of data
14
2008–2023

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

510152025302008201520232008: 18.3 <$2.15 a day2009: 10.7 <$2.15 a day2010: 11.5 <$2.15 a day2011: 9.2 <$2.15 a day2012: 9.9 <$2.15 a day2013: 8.4 <$2.15 a day2014: 6.3 <$2.15 a day2015: 30.6 <$2.15 a day2016: 29.4 <$2.15 a day2017: 18.4 <$2.15 a day2018: 26.2 <$2.15 a day2019: 31.2 <$2.15 a day2021: 23.5 <$2.15 a day2023: 20 <$2.15 a day

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

Analysis

The most recent figure for poverty headcount reduction (%) - all private transfers -extreme poor in Panama is 20.0%, measured in 2023.

Compared with earlier readings it is down 14.8% on the previous year and up 136.8% over ten years.

Over the whole period, poverty headcount reduction (%) - all private transfers -extreme poor in Panama peaked at 31.2% in 2019 and was at its lowest, 6.3%, in 2014.

Panama ranks 30th of 34 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 14.5% 10.7% 18.3% 2
2010s 18.1% 6.3% 31.2% 10
2020s 21.7% 20.0% 23.5% 2

Countries ranked near Panama

  1. 27 Colombia 23.3% compare
  2. 29 El Salvador 20.4% compare
  3. 31 Cote d'Ivoire 18.9% compare
  4. 32 Brazil 11.2% compare
  5. 33 Burkina Faso 6.9% 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 -extreme poor in Panama?
Poverty headcount reduction (%) - all private transfers -extreme poor in Panama was 20.0% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - all private transfers -extreme poor recorded in Panama?
The highest recorded value was 31.2% in 2019.
What is the lowest poverty headcount reduction (%) - all private transfers -extreme poor recorded in Panama?
The lowest recorded value was 6.3% in 2014.
How does Panama rank for poverty headcount reduction (%) - all private transfers -extreme poor?
Panama ranks 30th out of 34 countries with data for 2023.
Is poverty headcount reduction (%) - all private transfers -extreme poor rising or falling in Panama?
Over the last ten years it is up 136.8%. 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 -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 Headcount reduction (%) - All Private Transfers -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 345 data points, 2002–2023
Last refreshed

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