Extreme poverty rate in Panama
3.1% of people in Panama lived on less than $3.00 a day in 2024.
Panama, 2024
3.1%
Change from 2023
−0.6percentage points
World, 2024
10.1%
Extreme poverty rate in Panama over time
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Panama
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of population. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Panama | World |
|---|---|---|
| 2024 | 3.1% | 10.1% |
| 2023 | 3.7% | 10.5% |
| 2022 | – | 10.9% |
| 2021 | 3.3% | 11.3% |
| 2020 | – | 11.4% |
| 2019 | 2.9% | – |
| 2018 | 3.7% | 11.1% |
| 2017 | 4.3% | 11.8% |
| 2016 | 4.8% | 12.6% |
| 2015 | 4.8% | 13.4% |
| 2014 | 6.4% | 14.5% |
| 2013 | 5.9% | 15.5% |
| 2012 | 7.4% | 17.8% |
| 2011 | 6.1% | 19.1% |
| 2010 | 7.7% | 21.0% |
| 2009 | 6.6% | 23.1% |
| 2008 | 9.0% | 24.1% |
| 2007 | 13.0% | 25.3% |
| 2006 | 15.7% | 27.0% |
| 2005 | 14.5% | 28.3% |
| 2004 | 15.5% | 30.3% |
| 2003 | 16.8% | 32.2% |
| 2002 | 17.2% | 33.7% |
| 2001 | 20.8% | 35.3% |
A dash means no value was published for that period.
In short
- That is a change of −0.6 percentage points from 3.7% in 2023.
- Since 2012, when it was 7.4%, the figure has changed by −4.3 percentage points.
- The figure for the world in 2024 was 10.1%.
More for Panama
All statistics for Panama
Poverty rate at national poverty lines
21.7%
2023 · World Bank
Prevalence of undernourishment
4.7%
2024 · World Bank
Gini index
49.7 (0 to 100)
2024 · World Bank
Income share held by the richest 10%
37.6%
2024 · World Bank
Poverty rate at $4.20 a day (2021 PPP)
6.8%
2024 · World Bank
Poverty rate at $8.30 a day (2021 PPP)
19.8%
2024 · World Bank