Proportion of population below international poverty line in Panama

Panama: Proportion of population below international poverty line was 3.1% in 2024. ◆ Volatile

Latest (2024)
3.1%
Change on year
down 16.2%
World rank
41st
of 110 countries
All-time high
29.8%
in 1989
All-time low
2.9%
in 2019
Years of data
30
1979–2024

Proportion of population below international poverty line in Panama, 1979–2024

01020301979200120241979: 15.61989: 29.81991: 27.11995: 21.11997: 19.91998: 19.81999: 17.72000: 16.32001: 20.82002: 17.22003: 16.82004: 15.52005: 14.52006: 15.72007: 132008: 92009: 6.62010: 7.72011: 6.12012: 7.42013: 5.92014: 6.42015: 4.82016: 4.82017: 4.32018: 3.72019: 2.92021: 3.32023: 3.72024: 3.1

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, proportion of population below international poverty line in Panama stood at 3.1%.

The figure is down 16.2% on the previous year and down 51.6% over ten years.

Over the whole period, proportion of population below international poverty line in Panama peaked at 29.8% in 1989 and was at its lowest, 2.9%, in 2019.

Panama ranks 41st of 110 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Proportion of population below international poverty line in Panama, year by year

Annual values for Proportion of population below international poverty line (%) in Panama, 1979 to 2024.
Year Value Change
1979 15.6%
1989 29.8% +91.0%
1991 27.1% -9.1%
1995 21.1% -22.1%
1997 19.9% -5.7%
1998 19.8% -0.5%
1999 17.7% -10.6%
2000 16.3% -7.9%
2001 20.8% +27.6%
2002 17.2% -17.3%
2003 16.8% -2.3%
2004 15.5% -7.7%
2005 14.5% -6.5%
2006 15.7% +8.3%
2007 13.0% -17.2%
2008 9.0% -30.8%
2009 6.6% -26.7%
2010 7.7% +16.7%
2011 6.1% -20.8%
2012 7.4% +21.3%
2013 5.9% -20.3%
2014 6.4% +8.5%
2015 4.8% -25.0%
2016 4.8% +0.0%
2017 4.3% -10.4%
2018 3.7% -14.0%
2019 2.9% -21.6%
2021 3.3% +13.8%
2023 3.7% +12.1%
2024 3.1% -16.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.6% 15.6% 15.6% 1
1980s 29.8% 29.8% 29.8% 1
1990s 21.1% 17.7% 27.1% 5
2000s 14.5% 6.6% 20.8% 10
2010s 5.4% 2.9% 7.7% 10
2020s 3.4% 3.1% 3.7% 3

Countries ranked near Panama

  1. 38 North Macedonia 3.9% compare
  2. 39 Morocco 3.7% compare
  3. 40 Ecuador 3.4% compare
  4. 42 Brazil 3.0% compare
  5. 43 Sri Lanka 2.7% compare
  6. 44 Montenegro 2.5% compare

See the full ranking of 164 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is proportion of population below international poverty line in Panama?
Proportion of population below international poverty line in Panama was 3.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest proportion of population below international poverty line recorded in Panama?
The highest recorded value was 29.8% in 1989.
What is the lowest proportion of population below international poverty line recorded in Panama?
The lowest recorded value was 2.9% in 2019.
How does Panama rank for proportion of population below international poverty line?
Panama ranks 41st out of 110 countries with data for 2024.
Is proportion of population below international poverty line rising or falling in Panama?
Over the last ten years it is down 51.6%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of population below international poverty line (%). Statizoid updates them automatically from the source API.

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Proportion of population below international poverty line in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 27 August 2026, from https://poverty.statizoid.com/stat/proportion-of-population-below-international-poverty-line-percent/panama/

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About this data

Indicator
Proportion of population below international poverty line (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
164 places, 3,780 data points, 1963–2025
Last refreshed