Reduction in Human Development Index when adjusting for inequalities in Panama

Panama: Reduction in Human Development Index when adjusting for inequalities was 20.9% in 2023. ▼ Falling

Latest (2023)
20.9%
Change on year
down 0.5%
World rank
73rd
of 166 countries
All-time high
22.4%
in 2011
All-time low
20.6%
in 2021
Years of data
14
2010–2023

Reduction in Human Development Index when adjusting for inequalities in Panama, 2010–2023

051015202010201620232010: 22.3 %2011: 22.4 %2012: 22.3 %2013: 21.8 %2014: 21.6 %2015: 21.7 %2016: 21.1 %2017: 21.5 %2018: 21.3 %2019: 21.4 %2020: 20.9 %2021: 20.6 %2022: 21 %2023: 20.9 %

Source: UNDP, Human Development Report (2025) – with minor processing by Our World in Data. Measured in %.

Analysis

In 2023, reduction in human development index when adjusting for inequalities in Panama stood at 20.9%.

The figure is down 0.5% on the previous year and down 4.2% over ten years.

Over the whole period, reduction in human development index when adjusting for inequalities in Panama peaked at 22.4% in 2011 and was at its lowest, 20.6%, in 2021.

Panama ranks 73rd of 166 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Reduction in Human Development Index when adjusting for inequalities in Panama, year by year

Annual values for Reduction in Human Development Index when adjusting for inequalities in Panama, 2010 to 2023.
Year % Change
2010 22.3%
2011 22.4% +0.4%
2012 22.3% -0.5%
2013 21.8% -2.4%
2014 21.6% -1.0%
2015 21.7% +0.5%
2016 21.1% -2.6%
2017 21.5% +1.7%
2018 21.3% -0.6%
2019 21.4% +0.1%
2020 20.9% -2.1%
2021 20.6% -1.3%
2022 21.0% +1.6%
2023 20.9% -0.5%

Panama compared with similar countries

  • Panama's 20.9% is above the median for high income countries, which is 8.9%, 2.4× the median. (53 countries reporting)
  • Panama's 20.9% is above the median for Latin America & Caribbean, which is 20.3%, 1.0× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 21.7% 21.1% 22.4% 10
2020s 20.8% 20.6% 21.0% 4

Countries ranked near Panama

  1. 70 Maldives 21.4% compare
  2. 71 Algeria 21.2% compare
  3. 72 Bolivia 21.1% compare
  4. 74 Paraguay 20.8% compare
  5. 75 Peru 20.3% compare
  6. 76 Tunisia 20.2% compare

See the full ranking of 166 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is reduction in human development index when adjusting for inequalities in Panama?
Reduction in human development index when adjusting for inequalities in Panama was 20.9% in 2023, according to UNDP, Human Development Report (2025) – with minor processing by Our World in Data.
What is the highest reduction in human development index when adjusting for inequalities recorded in Panama?
The highest recorded value was 22.4% in 2011.
What is the lowest reduction in human development index when adjusting for inequalities recorded in Panama?
The lowest recorded value was 20.6% in 2021.
How does Panama rank for reduction in human development index when adjusting for inequalities?
Panama ranks 73rd out of 166 countries with data for 2023.
Is reduction in human development index when adjusting for inequalities rising or falling in Panama?
Over the last ten years it is down 4.2%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from UNDP, Human Development Report (2025) – with minor processing by Our World in Data, published as part of Reduction in Human Development Index when adjusting for inequalities. Statizoid updates them automatically from the source API.

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Reduction in Human Development Index when adjusting for inequalities in Panama. Statizoid, drawing on UNDP, Human Development Report (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/reduction-in-hdi-when-adjusting-for-inequalities/panama/

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About this data

Indicator
Reduction in Human Development Index when adjusting for inequalities
Unit
%
Source
UNDP, Human Development Report (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,131 data points, 2010–2023
Last refreshed

Percentage difference between the IHDI value and the HDI value.