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.
Poverty: Share of population living on less than $30 a day in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1979 | 92.0% | — |
| 1989 | 92.5% | +0.5% |
| 1991 | 91.9% | -0.7% |
| 1995 | 89.0% | -3.2% |
| 1997 | 87.9% | -1.2% |
| 1998 | 89.0% | +1.2% |
| 1999 | 87.7% | -1.4% |
| 2000 | 87.2% | -0.6% |
| 2001 | 89.2% | +2.3% |
| 2002 | 88.0% | -1.3% |
| 2003 | 87.2% | -0.9% |
| 2004 | 86.6% | -0.6% |
| 2005 | 87.0% | +0.4% |
| 2006 | 86.9% | -0.1% |
| 2007 | 86.5% | -0.4% |
| 2008 | 83.2% | -3.9% |
| 2009 | 83.1% | -0.1% |
| 2010 | 82.0% | -1.3% |
| 2011 | 79.3% | -3.3% |
| 2012 | 79.0% | -0.3% |
| 2013 | 77.8% | -1.5% |
| 2014 | 77.2% | -0.8% |
| 2015 | 74.2% | -3.9% |
| 2016 | 71.6% | -3.6% |
| 2017 | 72.0% | +0.5% |
| 2018 | 69.2% | -3.8% |
| 2019 | 68.7% | -0.7% |
| 2021 | 73.1% | +6.4% |
| 2023 | 72.0% | -1.6% |
| 2024 | 70.2% | -2.4% |
Panama compared with similar countries
- Panama's 70.2% is above the median for high income countries, which is 19.3%, 3.6× the median. (42 countries reporting)
- Panama's 70.2% is below the median for Latin America & Caribbean, which is 84.3%, 83% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 92.0% | 92.0% | 92.0% | 1 |
| 1980s | 92.5% | 92.5% | 92.5% | 1 |
| 1990s | 89.1% | 87.7% | 91.9% | 5 |
| 2000s | 86.5% | 83.1% | 89.2% | 10 |
| 2010s | 75.1% | 68.7% | 82.0% | 10 |
| 2020s | 71.8% | 70.2% | 73.1% | 3 |
Countries ranked near Panama
More poverty & inequality data for Panama
- Number of income/consumption surveys in the past decade available via the World Bank 7 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 $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.