Panama - Poverty Rate 2024
3.10%
−0.60pp from 2023
Panama's poverty rate was 3.10% in 2024, decreased +0.60pp from 3.70% in 2023. This was the 7th highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Uruguay | 0.20% | 0.0% |
| 2nd | Dominican Republic | 0.80% | -38.5% |
| 3rd | Argentina | 1.00% | -16.7% |
| 4th | Costa Rica | 1.30% | -13.3% |
| 5th | Paraguay | 2.10% | -12.5% |
| 6th | Uzbekistan | 2.70% | -34.1% |
| 7th | Panama | 3.10% | -16.2% |
| 8th | Georgia | 4.20% | -27.6% |
| 9th | Peru | 5.10% | -13.6% |
| 10th | Indonesia | 5.40% | -19.4% |
| 11th | Tajikistan | 6.10% | -16.4% |
| 12th | Ecuador | 7.30% | 55.3% |
| 13th | Honduras | 15.70% | -7.6% |
FAQ
What was Panama's poverty rate in 2024?▾
Panama's poverty rate in 2024 was 3.10%. This ranked 7th globally.
How did Panama's poverty rate change in 2024?▾
Panama's poverty rate decreased by 16.2% in 2024 compared to 2023.
Which country had the highest poverty rate in 2024?▾
Honduras had the highest poverty rate in 2024 at 15.70%.
What is the poverty rate of Panama in 2024?▾
The poverty rate of Panama in 2024 was 3.10%. This ranked 7th globally.
How does 2024 compare to 2023 for Panama's poverty rate?▾
Panama's poverty rate went from 3.70% in 2023 to 3.10% in 2024, a 16.2% decrease.