Relative poverty: Share of population below 40% of the median in Panama

Panama: Relative poverty: Share of population below 40% of the median was 17.1% in 2024. ▼ Falling

Latest (2024)
17.1%
Change on year
up 8.1%
World rank
2nd
of 120 countries
All-time high
25.9%
in 1989
All-time low
15.2%
in 2021
Years of data
30
1979–2024

Relative poverty: Share of population below 40% of the median in Panama, 1979–2024

01020301979200120241979: 17.2 %1989: 25.9 %1991: 24.6 %1995: 23.6 %1997: 21.9 %1998: 21.7 %1999: 20.5 %2000: 20.2 %2001: 22.7 %2002: 20.9 %2003: 20.3 %2004: 20.2 %2005: 19.4 %2006: 19.8 %2007: 19.1 %2008: 17.7 %2009: 17.1 %2010: 17.7 %2011: 16.6 %2012: 17.5 %2013: 17.8 %2014: 17.1 %2015: 16.9 %2016: 17.4 %2017: 17.7 %2018: 17 %2019: 16.8 %2021: 15.2 %2023: 15.8 %2024: 17.1 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for relative poverty: share of population below 40% of the median in Panama is 17.1%, measured in 2024.

That represents a change of up 8.1% on the previous year and down 0.2% over ten years.

Over the whole period, relative poverty: share of population below 40% of the median in Panama peaked at 25.9% in 1989 and was at its lowest, 15.2%, in 2021.

Panama ranks 2nd of 120 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 30 years of available data.

Relative poverty: Share of population below 40% of the median in Panama, year by year

Annual values for Relative poverty: Share of population below 40% of the median in Panama, 1979 to 2024.
Year % Change
1979 17.2%
1989 25.9% +50.4%
1991 24.6% -5.0%
1995 23.6% -4.0%
1997 21.9% -7.1%
1998 21.7% -0.8%
1999 20.5% -5.9%
2000 20.2% -1.4%
2001 22.7% +12.5%
2002 20.9% -8.1%
2003 20.3% -2.6%
2004 20.2% -0.7%
2005 19.4% -3.7%
2006 19.8% +1.8%
2007 19.1% -3.4%
2008 17.7% -7.5%
2009 17.1% -3.3%
2010 17.7% +3.8%
2011 16.6% -6.3%
2012 17.5% +5.5%
2013 17.8% +1.4%
2014 17.1% -3.9%
2015 16.9% -1.4%
2016 17.4% +3.0%
2017 17.7% +2.0%
2018 17.0% -3.7%
2019 16.8% -1.4%
2021 15.2% -9.3%
2023 15.8% +3.6%
2024 17.1% +8.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.2% 17.2% 17.2% 1
1980s 25.9% 25.9% 25.9% 1
1990s 22.5% 20.5% 24.6% 5
2000s 19.7% 17.1% 22.7% 10
2010s 17.3% 16.6% 17.8% 10
2020s 16.0% 15.2% 17.1% 3

Countries ranked near Panama

  1. 1 Honduras 18.0% compare
  2. 3 Colombia 16.4% compare
  3. 4 Brazil 14.8% compare
  4. 5 Zambia 14.6% compare

See the full ranking of 120 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is relative poverty: share of population below 40% of the median in Panama?
Relative poverty: share of population below 40% of the median in Panama was 17.1% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest relative poverty: share of population below 40% of the median recorded in Panama?
The highest recorded value was 25.9% in 1989.
What is the lowest relative poverty: share of population below 40% of the median recorded in Panama?
The lowest recorded value was 15.2% in 2021.
How does Panama rank for relative poverty: share of population below 40% of the median?
Panama ranks 2nd out of 120 countries with data for 2024.
Is relative poverty: share of population below 40% of the median rising or falling in Panama?
Over the last ten years it is down 0.2%. 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 Relative poverty: Share of population below 40% of the median. Statizoid updates them automatically from the source API.

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Relative poverty: Share of population below 40% of the median in Panama. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 04 September 2026, from https://poverty.statizoid.com/stat/relative-poverty-share-of-people-below-40-of-the-median/panama/

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About this data

Indicator
Relative poverty: Share of population below 40% of the median
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below 40% of the median.