Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama

Panama: Adequacy of benefits in 2nd quintile (%) - All Social Assistance was 29.1% in 2023. ▲ Rising

Latest (2023)
29.1%
Change on year
down 4.8%
World rank
6th
of 34 countries
All-time high
30.8%
in 2016
All-time low
9.7%
in 2008
Years of data
14
2008–2023

Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama, 2008–2023

10152025302008201520232008: 9.72009: 172010: 21.52011: 192012: 17.62013: 17.82014: 17.72015: 30.12016: 30.82017: 30.22018: 27.22019: 252021: 30.52023: 29.1

Source: ASPIRE.

Analysis

Panama recorded 29.1% for adequacy of benefits in 2nd quintile (%) - all social assistance in 2023.

The figure is down 4.8% on the previous year and up 63.5% over ten years.

Over the whole period, adequacy of benefits in 2nd quintile (%) - all social assistance in Panama peaked at 30.8% in 2016 and was at its lowest, 9.7%, in 2008.

Panama ranks 6th of 34 countries on this measure, in the top quarter.

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

Annual values for Adequacy of benefits in 2nd quintile (%) - All Social Assistance -rural in Panama, 2008 to 2023.
Year Value Change
2008 9.7%
2009 17.0% +75.5%
2010 21.5% +26.9%
2011 19.0% -11.4%
2012 17.6% -7.6%
2013 17.8% +1.0%
2014 17.7% -0.3%
2015 30.1% +69.7%
2016 30.8% +2.3%
2017 30.2% -1.9%
2018 27.2% -9.7%
2019 25.0% -8.3%
2021 30.5% +22.3%
2023 29.1% -4.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.3% 9.7% 17.0% 2
2010s 23.7% 17.6% 30.8% 10
2020s 29.8% 29.1% 30.5% 2

Countries ranked near Panama

  1. 3 Poland 35.7% compare
  2. 4 Armenia 32.2% compare
  3. 5 Serbia 31.8% compare
  4. 7 Belarus 24.6% compare
  5. 8 Mexico 23.8% compare
  6. 9 Kosovo 23.6% compare
  7. 9 Kosovo (UNSCR 1244) 23.6% compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

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 29.1% 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 30.8% in 2016.
What is the lowest adequacy of benefits in 2nd quintile (%) - all social assistance recorded in Panama?
The lowest recorded value was 9.7% in 2008.
How does Panama rank for adequacy of benefits in 2nd quintile (%) - all social assistance?
Panama ranks 6th out of 34 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 63.5%. 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 -rural. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama. Statizoid, drawing on ASPIRE. Retrieved 13 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-in-2nd-quintile-percent-all-social-assistance-rural/panama/

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About this data

Indicator
Adequacy of benefits in 2nd quintile (%) - All Social Assistance -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 329 data points, 2004–2023
Last refreshed

Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group