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

Panama: Poverty Headcount reduction (%) - Contributory Pensions -1st quintile was 12.3% in 2023. ▲ Rising

Latest (2023)
12.3%
Change on year
up 8.0%
World rank
17th
of 32 countries
All-time high
12.3%
in 2023
All-time low
7.1%
in 2010
Years of data
14
2008–2023

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

02.557.51012.52008201520232008: 10.4 poorest2009: 8.2 poorest2010: 7.1 poorest2011: 8.6 poorest2012: 8.1 poorest2013: 7.5 poorest2014: 8.4 poorest2015: 8.6 poorest2016: 8.5 poorest2017: 9.1 poorest2018: 9 poorest2019: 9.2 poorest2021: 11.4 poorest2023: 12.3 poorest

Source: ASPIRE. Measured in poorest.

Analysis

The most recent figure for poverty headcount reduction (%) - contributory pensions -1st quintile in Panama is 12.3%, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 8.0% on the previous year and up 63.3% over ten years.

Over the whole period, poverty headcount reduction (%) - contributory pensions -1st quintile in Panama peaked at 12.3% in 2023 and was at its lowest, 7.1%, in 2010.

Panama ranks 17th 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 9.3% 8.2% 10.4% 2
2010s 8.4% 7.1% 9.2% 10
2020s 11.8% 11.4% 12.3% 2

Countries ranked near Panama

  1. 14 Argentina 29.4% compare
  2. 15 Chile 23.4% compare
  3. 16 Costa Rica 20.0% compare
  4. 18 Thailand 12.2% compare
  5. 19 Mexico 11.8% compare
  6. 20 Sri Lanka 10.9% compare

See the full ranking of 33 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - contributory pensions -1st quintile in Panama?
Poverty headcount reduction (%) - contributory pensions -1st quintile in Panama was 12.3% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - contributory pensions -1st quintile recorded in Panama?
The highest recorded value was 12.3% in 2023.
What is the lowest poverty headcount reduction (%) - contributory pensions -1st quintile recorded in Panama?
The lowest recorded value was 7.1% in 2010.
How does Panama rank for poverty headcount reduction (%) - contributory pensions -1st quintile?
Panama ranks 17th out of 32 countries with data for 2023.
Is poverty headcount reduction (%) - contributory pensions -1st quintile rising or falling in Panama?
Over the last ten years it is up 63.3%. 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 Headcount reduction (%) - Contributory Pensions -1st quintile (poorest). 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 (%) - 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 headcount reduction due to Contributory Pensions programs as % of pre-transfer poverty headcount