Panama: Poverty ratio

The latest value from 2023 is 21.7 percent, a decline from 22.2 percent in 2022. In comparison, the world average is 23.93 percent, based on data from 38 countries. Historically, the average for Panama from 2000 to 2023 is 27.69 percent. The minimum value, 20.7 percent, was reached in 2017 while the maximum of 38.3 percent was recorded in 2006. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.