Poverty headcount ratio at $4.20 a day (2021 PPP) in Panama

Panama: Poverty headcount ratio at $4.20 a day (2021 PPP) was 6.8% in 2024. ◆ Volatile

Latest (2024)
6.8%
Change on year
down 5.6%
World rank
53rd
of 123 countries
All-time high
38.6%
in 1989
All-time low
6.4%
in 2019
Years of data
30
1979–2024

Poverty headcount ratio at $4.20 a day (2021 PPP) in Panama, 1979–2024

102030401979200120241979: 25.5 % of population1989: 38.6 % of population1991: 35.2 % of population1995: 27.9 % of population1997: 26.8 % of population1998: 27.1 % of population1999: 24.8 % of population2000: 23.5 % of population2001: 28.2 % of population2002: 25.3 % of population2003: 23.9 % of population2004: 22.8 % of population2005: 22.2 % of population2006: 22.1 % of population2007: 19.3 % of population2008: 14.2 % of population2009: 12.3 % of population2010: 13.3 % of population2011: 10.7 % of population2012: 11.9 % of population2013: 10.1 % of population2014: 10.4 % of population2015: 8.9 % of population2016: 8.6 % of population2017: 7.8 % of population2018: 6.7 % of population2019: 6.4 % of population2021: 6.7 % of population2023: 7.2 % of population2024: 6.8 % of population

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

In 2024, poverty headcount ratio at $4.20 a day (2021 ppp) in Panama stood at 6.8%.

The figure is down 5.6% on the previous year and down 34.6% over ten years.

Over the whole period, poverty headcount ratio at $4.20 a day (2021 ppp) in Panama peaked at 38.6% in 1989 and was at its lowest, 6.4%, in 2019.

That places Panama 53rd out of 123 countries 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.

Poverty headcount ratio at $4.20 a day (2021 PPP) in Panama, year by year

Annual values for Poverty headcount ratio at $4.20 a day (2021 PPP) (% of population) in Panama, 1979 to 2024.
Year % of population Change
1979 25.5%
1989 38.6% +51.4%
1991 35.2% -8.8%
1995 27.9% -20.7%
1997 26.8% -3.9%
1998 27.1% +1.1%
1999 24.8% -8.5%
2000 23.5% -5.2%
2001 28.2% +20.0%
2002 25.3% -10.3%
2003 23.9% -5.5%
2004 22.8% -4.6%
2005 22.2% -2.6%
2006 22.1% -0.5%
2007 19.3% -12.7%
2008 14.2% -26.4%
2009 12.3% -13.4%
2010 13.3% +8.1%
2011 10.7% -19.5%
2012 11.9% +11.2%
2013 10.1% -15.1%
2014 10.4% +3.0%
2015 8.9% -14.4%
2016 8.6% -3.4%
2017 7.8% -9.3%
2018 6.7% -14.1%
2019 6.4% -4.5%
2021 6.7% +4.7%
2023 7.2% +7.5%
2024 6.8% -5.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 25.5% 25.5% 25.5% 1
1980s 38.6% 38.6% 38.6% 1
1990s 28.4% 24.8% 35.2% 5
2000s 21.4% 12.3% 28.2% 10
2010s 9.5% 6.4% 13.3% 10
2020s 6.9% 6.7% 7.2% 3

Countries ranked near Panama

  1. 50 Iran, Islamic Republic of 7.5% compare
  2. 51 North Macedonia 7.4% compare
  3. 52 Egypt 7.1% compare
  4. 54 Brazil 6.2% compare
  5. 55 Palestine, State of 6.1% compare
  6. 56 Armenia 5.7% compare

See the full ranking of 137 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is poverty headcount ratio at $4.20 a day (2021 ppp) in Panama?
Poverty headcount ratio at $4.20 a day (2021 ppp) in Panama was 6.8% 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 $4.20 a day (2021 ppp) recorded in Panama?
The highest recorded value was 38.6% in 1989.
What is the lowest poverty headcount ratio at $4.20 a day (2021 ppp) recorded in Panama?
The lowest recorded value was 6.4% in 2019.
How does Panama rank for poverty headcount ratio at $4.20 a day (2021 ppp)?
Panama ranks 53rd out of 123 countries with data for 2024.
Is poverty headcount ratio at $4.20 a day (2021 ppp) rising or falling in Panama?
Over the last ten years it is down 34.6%. 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 $4.20 a day (2021 PPP) (% of population). Statizoid updates them automatically from the source API.

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Poverty headcount ratio at $4.20 a day (2021 PPP) in Panama. Statizoid, drawing on 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. Retrieved 08 September 2026, from https://poverty.statizoid.com/stat/poverty-headcount-ratio-at-4-20-a-day-2021-ppp-percent-of-population/panama/

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About this data

Indicator
Poverty headcount ratio at $4.20 a day (2021 PPP) (% of population)
Unit
% of population
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 2,872 data points, 1963–2025
Last refreshed

Poverty headcount ratio at $4.20 a day is the percentage of the population living on less than $4.20 a day at 2021 international prices.