Ecuador vs Panama: Poverty headcount ratio at societal poverty line
Poverty headcount ratio at societal poverty line over time
- Ecuador
- Panama
How they compare
Panama currently reports 27.0% against 26.3% in Ecuador, a difference of 0.7%.
The two have swapped places 5 times across 24 shared years of data; in 1995 it was Panama ahead.
Ecuador ranks 37th and Panama ranks 36th of 123 countries.
Across the 4 decades both report, Ecuador averaged higher in 3 and Panama in 1.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.7% | 34.5% | 0.2% | Ecuador |
| 2000s | 32.7% | 32.2% | 0.4% | Ecuador |
| 2010s | 26.7% | 27.6% | 0.9% | Panama |
| 2020s | 27.2% | 26.4% | 0.9% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher poverty headcount ratio at societal poverty line, Ecuador or Panama?
- Panama, at 27.0% against 26.3% in Ecuador as of 2024.
- What is the difference in poverty headcount ratio at societal poverty line between Ecuador and Panama?
- 0.7%, with Panama ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 24 years are reported by both, from 1995 to 2024.
- How do Ecuador and Panama rank globally for poverty headcount ratio at societal poverty line?
- Ecuador ranks 37th and Panama ranks 36th of 123 countries.
- Where does this data come from?
- World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as Poverty headcount ratio at societal poverty line (% of population). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The poverty headcount ratio at societal poverty line is the percentage of a population living in poverty according to the World Bank's Societal Poverty Line. The Societal Poverty Line is expressed in purchasing power adjusted 2021 U.S. dollars and defined as max($3.00, $1.30 + 0.5*Median). This means that when the national median is sufficiently low, the Societal Poverty line is equivalent to the extreme poverty line, $3.00. For countries with a sufficiently high national median, the Societal Poverty Line grows as countries’ median income grows.