Poverty gap index at $3 a day in Panama
Panama: Poverty gap index at $3 a day was 0.8% in 2024. ◆ Volatile
Poverty gap index at $3 a day in Panama, 1979–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, poverty gap index at $3 a day in Panama stood at 0.8%. That is the lowest value across all 30 years on record.
That represents a change of down 26.3% on the previous year and down 63.1% over ten years.
Over the whole period, poverty gap index at $3 a day in Panama peaked at 18.4% in 1989 and was at its lowest, 0.8%, in 2024.
That places Panama 47th out of 120 regions with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.5% | 4.5% | 4.5% | 1 |
| 1980s | 18.4% | 18.4% | 18.4% | 1 |
| 1990s | 12.4% | 10.0% | 16.3% | 5 |
| 2000s | 6.3% | 1.9% | 10.6% | 10 |
| 2010s | 1.7% | 0.9% | 2.6% | 10 |
| 2020s | 1.0% | 0.8% | 1.1% | 3 |
Countries ranked near Panama
More poverty & inequality data for Panama
- Number of income/consumption surveys in the past decade available via the World Bank 7 surveys (2025)
- Fertility rate vs. share living in extreme poverty 2.12 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,226 kg per hectare (2024)
- Tax revenue as share of GDP vs. income inequality 12.5% (2023)
- Gender Inequality Index 0.374 (2023)
- Lifespan inequality: Gini coefficient in women 0.1014 (2023)
- Lifespan inequality: Gini coefficient by sex 0.1014 (2023)
- Lifespan inequality: Gini coefficient in men 0.1243 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 14.3% (2023)
- Income inequality: Atkinson index 0.3887 (2023)
Frequently asked questions
- What is poverty gap index at $3 a day in Panama?
- Poverty gap index at $3 a day in Panama was 0.8% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest poverty gap index at $3 a day recorded in Panama?
- The highest recorded value was 18.4% in 1989.
- What is the lowest poverty gap index at $3 a day recorded in Panama?
- The lowest recorded value was 0.8% in 2024.
- How does Panama rank for poverty gap index at $3 a day?
- Panama ranks 47th out of 120 regions with data for 2024.
- Is poverty gap index at $3 a day rising or falling in Panama?
- Over the last ten years it is down 63.1%. The long-run trend across the full record is volatile.
- 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 gap index at $3 a day. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The poverty gap index is a poverty measure that reflects both the prevalence and the depth of poverty. It is calculated as the share of population in poverty multiplied by the average shortfall from the poverty line (expressed as a % of the poverty line).