Share in poverty relative to different poverty thresholds in Panama

Panama: Share in poverty relative to different poverty thresholds was 3.13 in 2024. ◆ Volatile

Latest (2024)
3.13
Change on year
down 16.3%
World rank
46th
of 120 countries
All-time high
29.77
in 1989
All-time low
2.92
in 2019
Years of data
30
1979–2024

Share in poverty relative to different poverty thresholds 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: Our World in Data.

Analysis

The most recent figure for share in poverty relative to different poverty thresholds in Panama is 3.13, measured in 2024.

The figure is down 16.3% on the previous year and down 51.0% over ten years.

Over the whole period, share in poverty relative to different poverty thresholds in Panama peaked at 29.77 in 1989 and was at its lowest, 2.92, in 2019.

That places Panama 46th out of 120 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.65 15.65 15.65 1
1980s 29.77 29.77 29.77 1
1990s 21.13 17.72 27.12 5
2000s 14.56 6.65 20.78 10
2010s 5.4 2.92 7.66 10
2020s 3.39 3.13 3.73 3

Countries ranked near Panama

  1. 43 North Macedonia 3.94 compare
  2. 44 Morocco 3.68 compare
  3. 45 Ecuador 3.42 compare
  4. 47 Brazil 3.01 compare
  5. 48 Sri Lanka 2.71 compare
  6. 49 Montenegro 2.49 compare

See the full ranking of 120 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is share in poverty relative to different poverty thresholds in Panama?
Share in poverty relative to different poverty thresholds in Panama was 3.13 in 2024, according to Our World in Data.
What is the highest share in poverty relative to different poverty thresholds recorded in Panama?
The highest recorded value was 29.77 in 1989.
What is the lowest share in poverty relative to different poverty thresholds recorded in Panama?
The lowest recorded value was 2.92 in 2019.
How does Panama rank for share in poverty relative to different poverty thresholds?
Panama ranks 46th out of 120 countries with data for 2024.
Is share in poverty relative to different poverty thresholds rising or falling in Panama?
Over the last ten years it is down 51.0%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Share in poverty relative to different poverty thresholds. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share in poverty relative to different poverty thresholds
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed