Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama
Panama: Adequacy of benefits in 2nd quintile (%) - All Social Assistance was 13.6% in 2023. ▲ Rising
Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama, 2008–2023
Source: ASPIRE. Measured in preT.
Analysis
In 2023, adequacy of benefits in 2nd quintile (%) - all social assistance in Panama stood at 13.6%.
The figure is down 43.4% on the previous year and up 54.3% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - all social assistance in Panama peaked at 24.1% in 2021 and was at its lowest, 4.8%, in 2008.
That places Panama 16th out of 35 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 2nd quintile (%) - All Social Assistance in Panama, year by year
| Year | preT | Change |
|---|---|---|
| 2008 | 4.8% | — |
| 2009 | 7.8% | +62.7% |
| 2010 | 10.4% | +33.3% |
| 2011 | 9.9% | -4.3% |
| 2012 | 9.1% | -8.6% |
| 2013 | 8.8% | -2.5% |
| 2014 | 8.7% | -1.9% |
| 2015 | 12.9% | +48.4% |
| 2016 | 13.0% | +1.3% |
| 2017 | 12.2% | -6.7% |
| 2018 | 11.8% | -2.7% |
| 2019 | 11.3% | -4.5% |
| 2021 | 24.1% | +113.3% |
| 2023 | 13.6% | -43.4% |
Panama compared with similar countries
- Panama's 13.6% is below the median for high income countries, which is 16.0%, 85% of the median. (6 countries reporting)
- Panama's 13.6% is above the median for Latin America & Caribbean, which is 9.0%, 1.5× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +113.3% | 11.3% | 24.1% |
| 2009 | +62.7% | 4.8% | 7.8% |
| 2015 | +48.4% | 8.7% | 12.9% |
| 2023 | -43.4% | 24.1% | 13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 4.8% | 7.8% | 2 |
| 2010s | 10.8% | 8.7% | 13.0% | 10 |
| 2020s | 18.9% | 13.6% | 24.1% | 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 2nd quintile (%) - all social assistance in Panama?
- Adequacy of benefits in 2nd quintile (%) - all social assistance in Panama was 13.6% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - all social assistance recorded in Panama?
- The highest recorded value was 24.1% in 2021.
- What is the lowest adequacy of benefits in 2nd quintile (%) - all social assistance recorded in Panama?
- The lowest recorded value was 4.8% in 2008.
- How does Panama rank for adequacy of benefits in 2nd quintile (%) - all social assistance?
- Panama ranks 16th out of 35 countries with data for 2023.
- Is adequacy of benefits in 2nd quintile (%) - all social assistance rising or falling in Panama?
- Over the last ten years it is up 54.3%. 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 2nd quintile (%) - All Social Assistance (preT). 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