Adequacy of benefits in 1st quintile (poorest) (%) -All Social in Panama
Panama: Adequacy of benefits in 1st quintile (poorest) (%) -All Social was 39.4% in 2023. ▲ Rising
Adequacy of benefits in 1st quintile (poorest) (%) -All Social in Panama, 2008–2023
Source: ASPIRE. Measured in preT.
Analysis
Panama recorded 39.4% for adequacy of benefits in 1st quintile (poorest) (%) -all social in 2023.
That represents a change of down 21.3% on the previous year and up 49.8% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) -all social in Panama peaked at 50.0% in 2021 and was at its lowest, 19.4%, in 2008.
Panama ranks 24th of 37 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Adequacy of benefits in 1st quintile (poorest) (%) -All Social in Panama, year by year
| Year | preT | Change |
|---|---|---|
| 2008 | 19.4% | — |
| 2009 | 24.9% | +28.2% |
| 2010 | 32.0% | +28.3% |
| 2011 | 31.2% | -2.5% |
| 2012 | 29.0% | -6.9% |
| 2013 | 26.3% | -9.5% |
| 2014 | 28.9% | +10.1% |
| 2015 | 39.7% | +37.2% |
| 2016 | 39.8% | +0.2% |
| 2017 | 41.9% | +5.3% |
| 2018 | 37.8% | -9.6% |
| 2019 | 35.8% | -5.5% |
| 2021 | 50.0% | +39.8% |
| 2023 | 39.4% | -21.3% |
Panama compared with similar countries
- Panama's 39.4% is below the median for high income countries, which is 55.6%, 71% of the median. (6 countries reporting)
- Panama's 39.4% is above the median for Latin America & Caribbean, which is 30.5%, 1.3× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.2% | 19.4% | 24.9% | 2 |
| 2010s | 34.2% | 26.3% | 41.9% | 10 |
| 2020s | 44.7% | 39.4% | 50.0% | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is adequacy of benefits in 1st quintile (poorest) (%) -all social in Panama?
- Adequacy of benefits in 1st quintile (poorest) (%) -all social in Panama was 39.4% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 1st quintile (poorest) (%) -all social recorded in Panama?
- The highest recorded value was 50.0% in 2021.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) -all social recorded in Panama?
- The lowest recorded value was 19.4% in 2008.
- How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) -all social?
- Panama ranks 24th out of 37 countries with data for 2023.
- Is adequacy of benefits in 1st quintile (poorest) (%) -all social rising or falling in Panama?
- Over the last ten years it is up 49.8%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 1st quintile (poorest) (%) -All Social Protection and Labor (preT). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group