Poverty: Share of population living on less than $10 a day in Panama

Panama: Poverty: Share of population living on less than $10 a day was 25.3% in 2024. ▼ Falling

Latest (2024)
25.3%
Change on year
down 0.4%
World rank
66th
of 120 countries
All-time high
67.0%
in 1989
All-time low
23.0%
in 2019
Years of data
30
1979–2024

Poverty: Share of population living on less than $10 a day in Panama, 1979–2024

2030405060701979200120241979: 59.6 %1989: 67 %1991: 64.7 %1995: 56.5 %1997: 56.9 %1998: 57.7 %1999: 55.3 %2000: 53.6 %2001: 57.3 %2002: 54.9 %2003: 53.8 %2004: 52.2 %2005: 52.3 %2006: 52.3 %2007: 48.2 %2008: 40.5 %2009: 40 %2010: 37.9 %2011: 33.5 %2012: 33.5 %2013: 32.7 %2014: 30.5 %2015: 27.8 %2016: 26.2 %2017: 25.7 %2018: 23.2 %2019: 23 %2021: 26 %2023: 25.4 %2024: 25.3 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2024, poverty: share of population living on less than $10 a day in Panama stood at 25.3%.

The figure is down 0.4% on the previous year and down 17.1% over ten years.

Over the whole period, poverty: share of population living on less than $10 a day in Panama peaked at 67.0% in 1989 and was at its lowest, 23.0%, in 2019.

Panama ranks 66th of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 30 years of available data.

Poverty: Share of population living on less than $10 a day in Panama, year by year

Annual values for Poverty: Share of population living on less than $10 a day in Panama, 1979 to 2024.
Year % Change
1979 59.6%
1989 67.0% +12.3%
1991 64.7% -3.4%
1995 56.5% -12.7%
1997 56.9% +0.8%
1998 57.7% +1.3%
1999 55.3% -4.1%
2000 53.6% -3.0%
2001 57.3% +6.9%
2002 54.9% -4.1%
2003 53.8% -2.0%
2004 52.2% -3.0%
2005 52.3% +0.2%
2006 52.3% +0.0%
2007 48.2% -8.0%
2008 40.5% -15.9%
2009 40.0% -1.1%
2010 37.9% -5.4%
2011 33.5% -11.7%
2012 33.5% -0.0%
2013 32.7% -2.4%
2014 30.5% -6.7%
2015 27.8% -8.8%
2016 26.2% -5.6%
2017 25.7% -2.0%
2018 23.2% -9.7%
2019 23.0% -1.0%
2021 26.0% +12.9%
2023 25.4% -2.3%
2024 25.3% -0.4%

Panama compared with similar countries

  • Panama's 25.3% is above the median for high income countries, which is 1.8%, 14.2× the median. (42 countries reporting)
  • Panama's 25.3% is below the median for Latin America & Caribbean, which is 30.7%, 82% of the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 59.6% 59.6% 59.6% 1
1980s 67.0% 67.0% 67.0% 1
1990s 58.2% 55.3% 64.7% 5
2000s 50.5% 40.0% 57.3% 10
2010s 29.4% 23.0% 37.9% 10
2020s 25.5% 25.3% 26.0% 3

Countries ranked near Panama

  1. 63 North Macedonia 28.0% compare
  2. 64 Brazil 27.2% compare
  3. 65 Jordan 26.6% compare
  4. 67 Bolivia 23.5% compare
  5. 68 Ukraine 20.8% compare
  6. 69 Thailand 20.7% compare

See the full ranking of 120 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is poverty: share of population living on less than $10 a day in Panama?
Poverty: share of population living on less than $10 a day in Panama was 25.3% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $10 a day recorded in Panama?
The highest recorded value was 67.0% in 1989.
What is the lowest poverty: share of population living on less than $10 a day recorded in Panama?
The lowest recorded value was 23.0% in 2019.
How does Panama rank for poverty: share of population living on less than $10 a day?
Panama ranks 66th out of 120 countries with data for 2024.
Is poverty: share of population living on less than $10 a day rising or falling in Panama?
Over the last ten years it is down 17.1%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $10 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $10 a day in Panama. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/share-living-with-less-than-10-int-per-day/panama/

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About this data

Indicator
Poverty: Share of population living on less than $10 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $10 per day.