Share of population in extreme poverty in Panama
Panama: Share of population in extreme poverty 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 of population in extreme poverty in Panama, 1979–2024
Source: Our World in Data.
Analysis
In 2024, share of population in extreme poverty in Panama stood at 3.13.
The figure is down 16.3% on the previous year and down 51.0% over ten years.
Over the whole period, share of population in extreme poverty in Panama peaked at 29.77 in 1989 and was at its lowest, 2.92, in 2019.
Panama ranks 46th of 120 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.
Share of population in extreme poverty in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 15.65 | — |
| 1989 | 29.77 | +90.3% |
| 1991 | 27.12 | -8.9% |
| 1995 | 21.12 | -22.1% |
| 1997 | 19.91 | -5.7% |
| 1998 | 19.77 | -0.7% |
| 1999 | 17.72 | -10.4% |
| 2000 | 16.35 | -7.7% |
| 2001 | 20.78 | +27.2% |
| 2002 | 17.21 | -17.2% |
| 2003 | 16.8 | -2.4% |
| 2004 | 15.54 | -7.5% |
| 2005 | 14.54 | -6.4% |
| 2006 | 15.72 | +8.1% |
| 2007 | 12.97 | -17.5% |
| 2008 | 9 | -30.6% |
| 2009 | 6.65 | -26.2% |
| 2010 | 7.66 | +15.2% |
| 2011 | 6.08 | -20.6% |
| 2012 | 7.44 | +22.3% |
| 2013 | 5.92 | -20.4% |
| 2014 | 6.38 | +7.8% |
| 2015 | 4.78 | -25.0% |
| 2016 | 4.8 | +0.3% |
| 2017 | 4.28 | -10.9% |
| 2018 | 3.75 | -12.4% |
| 2019 | 2.92 | -22.2% |
| 2021 | 3.3 | +13.2% |
| 2023 | 3.73 | +13.1% |
| 2024 | 3.13 | -16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Panama
- Data deprivation poverty surveys per decade 7 (2025)
- Fertility rate vs the share living in extreme poverty 2.12 (2023)
- Cereal yield vs extreme poverty 4,226 (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 revenues vs income inequality 12.5 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -0.7937 % change on previous year (2023)
- Gender inequality index from the human development report 0.374 (2023)
Frequently asked questions
- What is share of population in extreme poverty in Panama?
- Share of population in extreme poverty in Panama was 3.13 in 2024, according to Our World in Data.
- What is the highest share of population in extreme poverty recorded in Panama?
- The highest recorded value was 29.77 in 1989.
- What is the lowest share of population in extreme poverty recorded in Panama?
- The lowest recorded value was 2.92 in 2019.
- How does Panama rank for share of population in extreme poverty?
- Panama ranks 46th out of 120 countries with data for 2024.
- Is share of population in extreme poverty 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 of population in extreme poverty. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).