Statizoid

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
22nd
of 32 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 22nd 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 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. 19 Costa Rica 43.4% compare
  2. 20 Mexico 22.5% compare
  3. 21 Pakistan 21.9% compare
  4. 23 Dominican Republic 15.5% compare
  5. 24 Ecuador 11.3% compare
  6. 25 Colombia 9.0% 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 -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 22nd out of 32 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.

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 -extreme poor (<$2.15 a day)
Unit
<$2.15 a day
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 341 data points, 2002–2023
Last refreshed

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