Adequacy of benefits in 1st quintile (poorest) (%) -All Social in Panama
Panama: Adequacy of benefits in 1st quintile (poorest) (%) -All Social was 23.8% in 2023. ▲ Rising
Adequacy of benefits in 1st quintile (poorest) (%) -All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
In 2023, adequacy of benefits in 1st quintile (poorest) (%) -all social in Panama stood at 23.8%.
That represents a change of down 37.1% on the previous year and up 79.3% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) -all social in Panama peaked at 37.8% in 2021 and was at its lowest, 13.3%, in 2013.
That places Panama 25th out of 36 countries with data for 2023, putting it 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 | Value | Change |
|---|---|---|
| 2008 | 35.8% | — |
| 2009 | 14.3% | -60.2% |
| 2010 | 16.0% | +12.3% |
| 2011 | 13.6% | -15.0% |
| 2012 | 13.9% | +2.1% |
| 2013 | 13.3% | -4.7% |
| 2014 | 14.6% | +10.1% |
| 2015 | 19.1% | +30.8% |
| 2016 | 17.9% | -6.3% |
| 2017 | 20.3% | +13.4% |
| 2018 | 19.1% | -5.6% |
| 2019 | 19.1% | +0.0% |
| 2021 | 37.8% | +97.3% |
| 2023 | 23.8% | -37.1% |
Panama compared with similar countries
- Panama's 23.8% is below the median for high income countries, which is 29.0%, 82% of the median. (6 countries reporting)
- Panama's 23.8% is above the median for Latin America & Caribbean, which is 23.8%, 1.0× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.1% | 14.3% | 35.8% | 2 |
| 2010s | 16.7% | 13.3% | 20.3% | 10 |
| 2020s | 30.8% | 23.8% | 37.8% | 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 23.8% 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 37.8% in 2021.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) -all social recorded in Panama?
- The lowest recorded value was 13.3% in 2013.
- How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) -all social?
- Panama ranks 25th out of 36 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 79.3%. 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 -urban. Statizoid updates them automatically from the source API.
Download this data
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