
Panama: Poverty ratio
* indicates monthly or quarterly data series
Panama |
Poverty, percent of population |
---|---|
Latest value | 21.80 |
Year | 2021 |
Measure | percent |
Data availability | 2000 - 2021 |
Average | 28.37 |
Min - Max | 20.70 - 38.30 |
Source | The World Bank |
The latest value from 2021 is 21.8 percent, an increase from 21.5 percent in 2019. In comparison, the world average is 22.31 percent, based on data from 66 countries. Historically, the average for Panama from 2000 to 2021 is 28.37 percent. The minimum value, 20.7 percent, was reached in 2017 while the maximum of 38.3 percent was recorded in 2006.
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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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 48.90 | 2023 | index points |
Poverty ratio | 21.80 | 2021 | percent |
Poverty at 1.90 USD per day | 1.30 | 2023 | percent |
Poverty at 5.50 USD per day | 12.90 | 2023 | percent |
Top 10 percent income share | 36.90 | 2023 | percent |