Poverty headcount ratio at $3.00 a day (2021 PPP) in Panama
Panama: Poverty headcount ratio at $3.00 a day (2021 PPP) was 3.1% in 2024. ◆ Volatile
Poverty headcount ratio at $3.00 a day (2021 PPP) in Panama, 1979–2024
Source: 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. Measured in % of population.
Analysis
Panama recorded 3.1% for poverty headcount ratio at $3.00 a day (2021 ppp) in 2024.
The figure is down 16.2% on the previous year and down 51.6% over ten years.
Over the whole period, poverty headcount ratio at $3.00 a day (2021 ppp) in Panama peaked at 29.8% in 1989 and was at its lowest, 2.9%, in 2019.
Panama ranks 48th of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Poverty headcount ratio at $3.00 a day (2021 PPP) in Panama, year by year
| Year | % of population | Change |
|---|---|---|
| 1979 | 15.6% | — |
| 1989 | 29.8% | +91.0% |
| 1991 | 27.1% | -9.1% |
| 1995 | 21.1% | -22.1% |
| 1997 | 19.9% | -5.7% |
| 1998 | 19.8% | -0.5% |
| 1999 | 17.7% | -10.6% |
| 2000 | 16.3% | -7.9% |
| 2001 | 20.8% | +27.6% |
| 2002 | 17.2% | -17.3% |
| 2003 | 16.8% | -2.3% |
| 2004 | 15.5% | -7.7% |
| 2005 | 14.5% | -6.5% |
| 2006 | 15.7% | +8.3% |
| 2007 | 13.0% | -17.2% |
| 2008 | 9.0% | -30.8% |
| 2009 | 6.6% | -26.7% |
| 2010 | 7.7% | +16.7% |
| 2011 | 6.1% | -20.8% |
| 2012 | 7.4% | +21.3% |
| 2013 | 5.9% | -20.3% |
| 2014 | 6.4% | +8.5% |
| 2015 | 4.8% | -25.0% |
| 2016 | 4.8% | +0.0% |
| 2017 | 4.3% | -10.4% |
| 2018 | 3.7% | -14.0% |
| 2019 | 2.9% | -21.6% |
| 2021 | 3.3% | +13.8% |
| 2023 | 3.7% | +12.1% |
| 2024 | 3.1% | -16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.6% | 15.6% | 15.6% | 1 |
| 1980s | 29.8% | 29.8% | 29.8% | 1 |
| 1990s | 21.1% | 17.7% | 27.1% | 5 |
| 2000s | 14.5% | 6.6% | 20.8% | 10 |
| 2010s | 5.4% | 2.9% | 7.7% | 10 |
| 2020s | 3.4% | 3.1% | 3.7% | 3 |
Countries ranked near Panama
- 45 North Macedonia 3.9% compare
- 46 Morocco 3.7% compare
- 47 Ecuador 3.4% compare
- 49 Brazil 3.0% compare
- 50 Sri Lanka 2.7% compare
- 51 Iran, Islamic Republic of 2.5% compare
- 51 Montenegro 2.5% compare
More poverty & inequality data for Panama
- Number of income/consumption surveys in the past decade available via the World Bank 7 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (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)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate -5.59 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 12.5 (2023)
- Tax revenue as share of GDP vs. income inequality 12.5% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is poverty headcount ratio at $3.00 a day (2021 ppp) in Panama?
- Poverty headcount ratio at $3.00 a day (2021 ppp) in Panama was 3.1% in 2024, according to 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.
- What is the highest poverty headcount ratio at $3.00 a day (2021 ppp) recorded in Panama?
- The highest recorded value was 29.8% in 1989.
- What is the lowest poverty headcount ratio at $3.00 a day (2021 ppp) recorded in Panama?
- The lowest recorded value was 2.9% in 2019.
- How does Panama rank for poverty headcount ratio at $3.00 a day (2021 ppp)?
- Panama ranks 48th out of 123 countries with data for 2024.
- Is poverty headcount ratio at $3.00 a day (2021 ppp) rising or falling in Panama?
- Over the last ten years it is down 51.6%. 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. 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 part of Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population). Statizoid updates them automatically from the source API.
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About this data
Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.