Panama vs Turkey: Total shortfall from extreme poverty

Panama
39.84 million international-$ in 2021 prices
in 2024
Turkey
39.66 million international-$ in 2021 prices
in 2023
Panama rank
66th
Turkey rank
67th

Total shortfall from extreme poverty over time

  • Panama
  • Turkey
0500.0M1.0B1.5B2.0B197920012024

How they compare

Panama currently reports 39.84 million international-$ in 2021 prices against 39.66 million international-$ in 2021 prices in Turkey, a difference of 175,200 international-$ in 2021 prices.

The two have swapped places 1 time across 20 shared years of data; in 2002 it was Turkey ahead.

Panama ranks 66th and Turkey ranks 67th of 120 countries.

Turkey has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Panama Turkey Difference Ahead
2000s 197.15 million international-$ in 2021 prices 981.30 million international-$ in 2021 prices 784.15 million international-$ in 2021 prices Turkey
2010s 73.20 million international-$ in 2021 prices 245.05 million international-$ in 2021 prices 171.85 million international-$ in 2021 prices Turkey
2020s 51.72 million international-$ in 2021 prices 163.23 million international-$ in 2021 prices 111.50 million international-$ in 2021 prices Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total shortfall from extreme poverty, Panama or Turkey?
Panama, at 39.84 million international-$ in 2021 prices against 39.66 million international-$ in 2021 prices in Turkey as of 2024.
What is the difference in total shortfall from extreme poverty between Panama and Turkey?
175,200 international-$ in 2021 prices, with Panama ahead.
How many years of comparable data are there for Panama and Turkey?
20 years are reported by both, from 2002 to 2023.
How do Panama and Turkey rank globally for total shortfall from extreme poverty?
Panama ranks 66th and Turkey ranks 67th of 120 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Total shortfall from extreme poverty. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Turkey: Total shortfall from extreme poverty. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 November 2026, from https://poverty.statizoid.com/compare/total-shortfall-from-extreme-poverty/panama/turkiye/

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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, 2,152 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.