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 | 12.90 |
Year | 2023 |
Measure | percent |
Data availability | 1979 - 2023 |
Average | 27.84 |
Min - Max | 12.10 - 50.10 |
Source | The World Bank |
The latest value from 2023 is 12.9 percent, unchanged from 12.9 percent in 2021. In comparison, the world average is 35.85 percent, based on data from 2 countries. Historically, the average for Panama from 1979 to 2023 is 27.84 percent. The minimum value, 12.1 percent, was reached in 2019 while the maximum of 50.1 percent was recorded in 1989.
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Definition: Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 48.90 | 2023 | index points |
Poverty ratio | 21.50 | 2019 | 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 |