Adequacy of benefits in 1st quintile (poorest) (%) -All Social in Panama
Panama: Adequacy of benefits in 1st quintile (poorest) (%) -All Social was 31.4% in 2023. ▲ Rising
Adequacy of benefits in 1st quintile (poorest) (%) -All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 1st quintile (poorest) (%) -all social in Panama is 31.4%, measured in 2023.
The figure is down 19.5% on the previous year and up 66.3% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) -all social in Panama peaked at 39.1% in 2021 and was at its lowest, 13.1%, in 2008.
Panama ranks 18th 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 | Value | Change |
|---|---|---|
| 2008 | 13.1% | — |
| 2009 | 19.5% | +48.6% |
| 2010 | 23.2% | +19.0% |
| 2011 | 22.2% | -4.5% |
| 2012 | 19.9% | -10.1% |
| 2013 | 18.9% | -5.2% |
| 2014 | 20.7% | +9.3% |
| 2015 | 31.5% | +52.2% |
| 2016 | 31.9% | +1.3% |
| 2017 | 33.5% | +5.0% |
| 2018 | 29.8% | -11.0% |
| 2019 | 28.0% | -5.9% |
| 2021 | 39.1% | +39.3% |
| 2023 | 31.4% | -19.5% |
Panama compared with similar countries
- Panama's 31.4% is above the median for high income countries, which is 31.2%, 1.0× the median. (6 countries reporting)
- Panama's 31.4% is above the median for Latin America & Caribbean, which is 25.7%, 1.2× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.3% | 13.1% | 19.5% | 2 |
| 2010s | 26.0% | 18.9% | 33.5% | 10 |
| 2020s | 35.3% | 31.4% | 39.1% | 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 31.4% 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 39.1% in 2021.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) -all social recorded in Panama?
- The lowest recorded value was 13.1% in 2008.
- How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) -all social?
- Panama ranks 18th 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 66.3%. 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. 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