Poverty: Share of population living on less than $30 a day in Panama
Panama: Poverty: Share of population living on less than $30 a day was 70.2% in 2024. ▼ Falling
Poverty: Share of population living on less than $30 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
The most recent figure for poverty: share of population living on less than $30 a day in Panama is 70.2%, measured in 2024.
Compared with earlier readings it is down 2.4% on the previous year and down 9.1% over ten years.
Over the whole period, poverty: share of population living on less than $30 a day in Panama peaked at 92.5% in 1989 and was at its lowest, 68.7%, in 2019.
That places Panama 79th out of 120 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 92.0% | 92.0% | 92.0% | 1 |
| 1980s | 92.5% | 92.5% | 92.5% | 1 |
| 1990s | 89.1% | 87.7% | 91.9% | 5 |
| 2000s | 86.5% | 83.1% | 89.2% | 10 |
| 2010s | 75.1% | 68.7% | 82.0% | 10 |
| 2020s | 71.8% | 70.2% | 73.1% | 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)
- Share of government consumption in GDP vs. share of population living in extreme poverty 14.3% (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)
- Income inequality: Atkinson index 0.3887 (2023)
Frequently asked questions
- What is poverty: share of population living on less than $30 a day in Panama?
- Poverty: share of population living on less than $30 a day in Panama was 70.2% 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 $30 a day recorded in Panama?
- The highest recorded value was 92.5% in 1989.
- What is the lowest poverty: share of population living on less than $30 a day recorded in Panama?
- The lowest recorded value was 68.7% in 2019.
- How does Panama rank for poverty: share of population living on less than $30 a day?
- Panama ranks 79th out of 120 countries with data for 2024.
- Is poverty: share of population living on less than $30 a day rising or falling in Panama?
- Over the last ten years it is down 9.1%. 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 $30 a day. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $30 per day.