Panama—Poverty at $3.00/day (2021 PPP, %)
Panama's poverty at $3.00/day (2021 PPP, %) was 3.1% in 2024, ranking #42 out of 115 countries. This represents a -16.2% change from 2023. Over the past 23 years, the highest recorded value was 20.8% (2001) and the lowest was 2.9% (2019). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.1% | -16.2% |
| 2023 | 3.7% | +12.1% |
| 2021 | 3.3% | +13.8% |
| 2019 | 2.9% | -21.6% |
| 2018 | 3.7% | -14.0% |
| 2017 | 4.3% | -10.4% |
| 2016 | 4.8% | +0.0% |
| 2015 | 4.8% | -25.0% |
| 2014 | 6.4% | +8.5% |
| 2013 | 5.9% | -20.3% |
| 2012 | 7.4% | +21.3% |
| 2011 | 6.1% | -20.8% |
| 2010 | 7.7% | +16.7% |
| 2009 | 6.6% | -26.7% |
| 2008 | 9.0% | -30.8% |
| 2007 | 13.0% | -17.2% |
| 2006 | 15.7% | +8.3% |
| 2005 | 14.5% | -6.5% |
| 2004 | 15.5% | -7.7% |
| 2003 | 16.8% | -2.3% |
| 2002 | 17.2% | -17.3% |
| 2001 | 20.8% | +27.6% |
| 2000 | 16.3% |
Top Countries — Poverty at $3.00/day (2021 PPP, %)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Congo, Dem. Rep. | 85.3% | 2020 |
| 2 | Mozambique | 81.4% | 2022 |
| 3 | Burundi | 74.2% | 2020 |
| 4 | Zambia | 71.7% | 2022 |
| 5 | Central African Republic | 71.6% | 2021 |
| 6 | Madagascar | 69.2% | 2021 |
| 7 | Niger | 60.5% | 2021 |
| 8 | Kenya | 45.5% | 2022 |
| 9 | Burkina Faso | 42.1% | 2021 |
| 10 | Nigeria | 41.8% | 2022 |
About This Indicator
Definition
Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
Methodology
Original contributors: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org., World Bank (WB), uri: http://pip.worldbank.org, note: Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database.
Unit
% of population