Panama: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Panama |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 19.80 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1979 - 2024 |
| Average | 36.46 |
| Min - Max | 17.80 - 59.90 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 19.8 percent, unchanged from 19.8 percent in 2023. In comparison, the world average is 33.96 percent, based on data from 25 countries. Historically, the average for Panama from 1979 to 2024 is 36.46 percent. The minimum value, 17.8 percent, was reached in 2019 while the maximum of 59.9 percent was recorded in 1989.
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* indicates monthly or quarterly data series
| Recent values | Panama: Poverty at 5.50 USD per day |
|---|---|
| 2024 | 19.80 |
| 2023 | 19.80 |
| 2021 | 20.30 |
| 2019 | 17.80 |
| 2018 | 18.50 |
| 2017 | 20.70 |
| 2016 | 20.60 |
| 2015 | 22.00 |
Definition: Poverty headcount ratio at $8.30 a day is the percentage of the population living on less than $8.30 a day at 2021 international prices.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 49.70 | 2024 | index points |
| Poverty ratio | 21.70 | 2023 | percent |
| Poverty at 1.90 USD per day | 3.10 | 2024 | percent |
| Poverty at 5.50 USD per day | 19.80 | 2024 | percent |
| Top 10 percent income share | 37.60 | 2024 | percent |