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

Panama: Poverty Headcount reduction (%) - Contributory Pensions -extreme poor was 16.1% in 2023. ▲ Rising

Latest (2023)
16.1%
Change on year
down 26.0%
World rank
24th
of 34 countries
All-time high
21.7%
in 2021
All-time low
7.5%
in 2014
Years of data
14
2008–2023

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

51015202008201520232008: 13.4 <$2.15 a day2009: 17.7 <$2.15 a day2010: 13.6 <$2.15 a day2011: 11.1 <$2.15 a day2012: 9.4 <$2.15 a day2013: 11.4 <$2.15 a day2014: 7.5 <$2.15 a day2015: 11.9 <$2.15 a day2016: 9.7 <$2.15 a day2017: 14.5 <$2.15 a day2018: 14.9 <$2.15 a day2019: 16.8 <$2.15 a day2021: 21.7 <$2.15 a day2023: 16.1 <$2.15 a day

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

Analysis

Panama recorded 16.1% for poverty headcount reduction (%) - contributory pensions -extreme poor in 2023.

Compared with earlier readings it is down 26.0% on the previous year and up 41.5% over ten years.

Over the whole period, poverty headcount reduction (%) - contributory pensions -extreme poor in Panama peaked at 21.7% in 2021 and was at its lowest, 7.5%, in 2014.

Panama ranks 24th of 34 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.

Poverty Headcount reduction (%) - Contributory Pensions -extreme poor in Panama, year by year

Annual values for Poverty Headcount reduction (%) - Contributory Pensions -extreme poor (<$2.15 a day) in Panama, 2008 to 2023.
Year <$2.15 a day Change
2008 13.4% —
2009 17.7% +32.8%
2010 13.6% -23.1%
2011 11.1% -18.6%
2012 9.4% -15.6%
2013 11.4% +21.2%
2014 7.5% -34.0%
2015 11.9% +59.6%
2016 9.7% -18.8%
2017 14.5% +48.9%
2018 14.9% +3.0%
2019 16.8% +12.9%
2021 21.7% +29.3%
2023 16.1% -26.0%

Panama compared with similar countries

  • Panama's 16.1% is below the median for high income countries, which is 88.5%, 18% of the median. (6 countries reporting)
  • Panama's 16.1% is above the median for Latin America & Caribbean, which is 15.5%, 1.0× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.5% 13.4% 17.7% 2
2010s 12.1% 7.5% 16.8% 10
2020s 18.9% 16.1% 21.7% 2

Countries ranked near Panama

  1. 21 Costa Rica 43.4% compare
  2. 22 Mexico 22.5% compare
  3. 23 Pakistan 21.9% compare
  4. 25 Dominican Republic 15.5% compare
  5. 26 Ecuador 11.3% compare
  6. 27 Colombia 9.0% compare

See the full ranking of 34 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount reduction (%) - contributory pensions -extreme poor in Panama?
Poverty headcount reduction (%) - contributory pensions -extreme poor in Panama was 16.1% in 2023, according to ASPIRE.
What is the highest poverty headcount reduction (%) - contributory pensions -extreme poor recorded in Panama?
The highest recorded value was 21.7% in 2021.
What is the lowest poverty headcount reduction (%) - contributory pensions -extreme poor recorded in Panama?
The lowest recorded value was 7.5% in 2014.
How does Panama rank for poverty headcount reduction (%) - contributory pensions -extreme poor?
Panama ranks 24th out of 34 countries with data for 2023.
Is poverty headcount reduction (%) - contributory pensions -extreme poor rising or falling in Panama?
Over the last ten years it is up 41.5%. 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 -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.

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Poverty Headcount reduction (%) - Contributory Pensions -extreme poor in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/poverty-headcount-reduction-percent-contributory-pensions-extreme-poor-2-15-a-day/panama/

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About this data

Indicator
Poverty Headcount 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
34 places, 346 data points, 2002–2023
Last refreshed

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