Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama

Panama: Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices was 13.0% in 2023. ▼ Falling

Latest (2023)
13.0%
Change on year
down 0.1%
World rank
64th
of 119 countries
All-time high
50.2%
in 1989
All-time low
12.1%
in 2019
Years of data
29
1979–2023

Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama, 1979–2023

10203040501979200120231979: 39.9 %1989: 50.2 %1991: 48.2 %1995: 39.4 %1997: 39.1 %1998: 38.8 %1999: 36.9 %2000: 35.2 %2001: 40.1 %2002: 37.3 %2003: 36 %2004: 34.8 %2005: 34.7 %2006: 34 %2007: 30.6 %2008: 23.3 %2009: 23 %2010: 21.8 %2011: 18.5 %2012: 18.9 %2013: 18.2 %2014: 16.9 %2015: 15.4 %2016: 14.6 %2017: 14.1 %2018: 12.6 %2019: 12.1 %2021: 13 %2023: 13 %

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama is 13.0%, measured in 2023.

Compared with earlier readings it is down 0.1% on the previous year and down 28.9% over ten years.

Over the whole period, share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama peaked at 50.2% in 1989 and was at its lowest, 12.1%, in 2019.

That places Panama 64th out of 119 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama, year by year

Annual values for Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama, 1979 to 2023.
Year % Change
1979 39.9%
1989 50.2% +25.7%
1991 48.2% -4.0%
1995 39.4% -18.3%
1997 39.1% -0.6%
1998 38.8% -0.9%
1999 36.9% -4.8%
2000 35.2% -4.8%
2001 40.1% +13.9%
2002 37.3% -6.8%
2003 36.0% -3.7%
2004 34.8% -3.3%
2005 34.7% -0.3%
2006 34.0% -2.0%
2007 30.6% -9.8%
2008 23.3% -23.8%
2009 23.0% -1.3%
2010 21.8% -5.4%
2011 18.5% -15.3%
2012 18.9% +2.2%
2013 18.2% -3.2%
2014 16.9% -7.6%
2015 15.4% -8.6%
2016 14.6% -5.6%
2017 14.1% -3.2%
2018 12.6% -10.7%
2019 12.1% -3.6%
2021 13.0% +7.0%
2023 13.0% -0.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 39.9% 39.9% 39.9% 1
1980s 50.2% 50.2% 50.2% 1
1990s 40.5% 36.9% 48.2% 5
2000s 32.9% 23.0% 40.1% 10
2010s 16.3% 12.1% 21.8% 10
2020s 13.0% 13.0% 13.0% 2

Countries ranked near Panama

  1. 61 Mongolia 13.9% compare
  2. 62 Dominican Republic 13.7% compare
  3. 63 Iran, Islamic Republic of 13.1% compare
  4. 65 Republic of Moldova 12.7% compare
  5. 66 Albania 12.6% compare
  6. 67 Montenegro 10.2% compare

See the full ranking of 119 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama?
Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama was 13.0% in 2023, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices recorded in Panama?
The highest recorded value was 50.2% in 1989.
What is the lowest share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices recorded in Panama?
The lowest recorded value was 12.1% in 2019.
How does Panama rank for share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices?
Panama ranks 64th out of 119 countries with data for 2023.
Is share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices rising or falling in Panama?
Over the last ten years it is down 28.9%. 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 (2024) – with major processing by Our World in Data, published as part of Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices. Statizoid updates them automatically from the source API.

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Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Panama. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 06 September 2026, from https://poverty.statizoid.com/stat/share-of-population-living-on-less-than-the-upper-middle-income-poverty-line-2011-vs-2017/panama/

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About this data

Indicator
Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices
Unit
%
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

Percentage of population living in households with an income or consumption below $5.50 per day.