Poverty: Share of population living on less than $30 a day … 2011 in Panama

Panama: Poverty: Share of population living on less than $30 a day … 2011 was 76.8% in 2023. ▼ Falling

Latest (2023)
76.8%
Change on year
down 0.4%
World rank
78th
of 119 countries
All-time high
94.1%
in 1989
All-time low
73.7%
in 2019
Years of data
29
1979–2023

Poverty: Share of population living on less than $30 a day (2011 prices) in Panama, 1979–2023

0204060801001979200120231979: 93.7 %1989: 94.1 %1991: 93.5 %1995: 90.7 %1997: 90.2 %1998: 91.1 %1999: 89.9 %2000: 89.2 %2001: 91.1 %2002: 89.7 %2003: 89 %2004: 88.9 %2005: 89.1 %2006: 89.1 %2007: 88.9 %2008: 85.9 %2009: 85.9 %2010: 85.2 %2011: 83 %2012: 82.4 %2013: 81.4 %2014: 81.4 %2015: 78.9 %2016: 76.2 %2017: 76.2 %2018: 74.4 %2019: 73.7 %2021: 77.1 %2023: 76.8 %

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty: share of population living on less than $30 a day (2011 prices) in Panama is 76.8%, measured in 2023.

That represents a change of down 0.4% on the previous year and down 5.6% over ten years.

Over the whole period, poverty: share of population living on less than $30 a day (2011 prices) in Panama peaked at 94.1% in 1989 and was at its lowest, 73.7%, in 2019.

Panama ranks 78th of 119 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

Poverty: Share of population living on less than $30 a day … 2011 in Panama, year by year

Annual values for Poverty: Share of population living on less than $30 a day (2011 prices) in Panama, 1979 to 2023.
Year % Change
1979 93.7% —
1989 94.1% +0.4%
1991 93.5% -0.7%
1995 90.7% -3.0%
1997 90.2% -0.6%
1998 91.1% +0.9%
1999 89.9% -1.3%
2000 89.2% -0.7%
2001 91.1% +2.1%
2002 89.7% -1.5%
2003 89.0% -0.8%
2004 88.9% -0.2%
2005 89.1% +0.3%
2006 89.1% -0.1%
2007 88.9% -0.2%
2008 85.9% -3.3%
2009 85.9% +0.0%
2010 85.2% -0.9%
2011 83.0% -2.6%
2012 82.4% -0.8%
2013 81.4% -1.2%
2014 81.4% +0.1%
2015 78.9% -3.1%
2016 76.2% -3.5%
2017 76.2% +0.0%
2018 74.4% -2.4%
2019 73.7% -0.9%
2021 77.1% +4.6%
2023 76.8% -0.4%

Panama compared with similar countries

  • Panama's 76.8% is above the median for high income countries, which is 27.5%, 2.8× the median. (41 countries reporting)
  • Panama's 76.8% is below the median for Latin America & Caribbean, which is 92.0%, 83% of the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 93.7% 93.7% 93.7% 1
1980s 94.1% 94.1% 94.1% 1
1990s 91.1% 89.9% 93.5% 5
2000s 88.7% 85.9% 91.1% 10
2010s 79.3% 73.7% 85.2% 10
2020s 76.9% 76.8% 77.1% 2

Countries ranked near Panama

  1. 75 Belarus 85.3% compare
  2. 76 Brazil 83.2% compare
  3. 77 Turkey 77.4% compare
  4. 79 Costa Rica 76.7% compare
  5. 80 Slovakia 73.4% compare
  6. 81 Uruguay 73.3% compare

See the full ranking of 119 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is poverty: share of population living on less than $30 a day (2011 prices) in Panama?
Poverty: share of population living on less than $30 a day (2011 prices) in Panama was 76.8% in 2023, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $30 a day (2011 prices) recorded in Panama?
The highest recorded value was 94.1% in 1989.
What is the lowest poverty: share of population living on less than $30 a day (2011 prices) recorded in Panama?
The lowest recorded value was 73.7% in 2019.
How does Panama rank for poverty: share of population living on less than $30 a day (2011 prices)?
Panama ranks 78th out of 119 countries with data for 2023.
Is poverty: share of population living on less than $30 a day (2011 prices) rising or falling in Panama?
Over the last ten years it is down 5.6%. 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 (2024) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $30 a day (2011 prices). Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $30 a day (2011 prices) in Panama. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/poverty-share-on-less-than-30-per-day-2011-ppp/panama/

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About this data

Indicator
Poverty: Share of population living on less than $30 a day (2011 prices)
Unit
%
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

Percentage of population living in households with an income or consumption below $30 per day.