Poverty: Share of population living on less than $40 a day in Panama
Panama: Poverty: Share of population living on less than $40 a day was 80.6% in 2024. ▼ Falling
Poverty: Share of population living on less than $40 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: share of population living on less than $40 a day in Panama stood at 80.6%.
Compared with earlier readings it is down 1.9% on the previous year and down 5.7% over ten years.
Over the whole period, poverty: share of population living on less than $40 a day in Panama peaked at 95.9% in 1989 and was at its lowest, 79.3%, in 2019.
Panama ranks 79th of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Poverty: Share of population living on less than $40 a day in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1979 | 95.6% | — |
| 1989 | 95.9% | +0.3% |
| 1991 | 95.5% | -0.4% |
| 1995 | 92.9% | -2.7% |
| 1997 | 92.9% | +0.1% |
| 1998 | 93.1% | +0.2% |
| 1999 | 92.4% | -0.8% |
| 2000 | 91.6% | -0.8% |
| 2001 | 93.2% | +1.7% |
| 2002 | 91.9% | -1.4% |
| 2003 | 91.6% | -0.3% |
| 2004 | 91.4% | -0.2% |
| 2005 | 91.8% | +0.4% |
| 2006 | 91.6% | -0.2% |
| 2007 | 91.8% | +0.2% |
| 2008 | 89.0% | -3.0% |
| 2009 | 89.1% | +0.1% |
| 2010 | 88.7% | -0.4% |
| 2011 | 86.9% | -2.0% |
| 2012 | 86.3% | -0.7% |
| 2013 | 85.6% | -0.8% |
| 2014 | 85.4% | -0.1% |
| 2015 | 83.4% | -2.4% |
| 2016 | 81.0% | -2.9% |
| 2017 | 81.6% | +0.7% |
| 2018 | 80.2% | -1.7% |
| 2019 | 79.3% | -1.1% |
| 2021 | 82.2% | +3.6% |
| 2023 | 82.1% | -0.1% |
| 2024 | 80.6% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 95.6% | 95.6% | 95.6% | 1 |
| 1980s | 95.9% | 95.9% | 95.9% | 1 |
| 1990s | 93.4% | 92.4% | 95.5% | 5 |
| 2000s | 91.3% | 89.0% | 93.2% | 10 |
| 2010s | 83.8% | 79.3% | 88.7% | 10 |
| 2020s | 81.6% | 80.6% | 82.2% | 3 |
Countries ranked near Panama
- 76 Bolivia, Plurinational State of 88.5% compare
- 77 Russian Federation 85.9% compare
- 78 Brazil 83.8% compare
- 80 Chile 75.4% compare
- 81 Costa Rica 74.3% compare
- 82 Greece 72.8% compare
More poverty & inequality data for Panama
- Number of income/consumption surveys in the past decade available via the World Bank 7 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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: share of population living on less than $40 a day in Panama?
- Poverty: share of population living on less than $40 a day in Panama was 80.6% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest poverty: share of population living on less than $40 a day recorded in Panama?
- The highest recorded value was 95.9% in 1989.
- What is the lowest poverty: share of population living on less than $40 a day recorded in Panama?
- The lowest recorded value was 79.3% in 2019.
- How does Panama rank for poverty: share of population living on less than $40 a day?
- Panama ranks 79th out of 120 countries with data for 2024.
- Is poverty: share of population living on less than $40 a day rising or falling in Panama?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is falling.
- 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: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of population living in households with an income or consumption below $40 per day.