Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama
Panama: Adequacy of benefits in 2nd quintile (%) - All Social Assistance was 10.6% in 2023. ◆ Volatile
Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama, 2008–2023
Source: ASPIRE.
Analysis
In 2023, adequacy of benefits in 2nd quintile (%) - all social assistance in Panama stood at 10.6%.
The figure is down 46.8% on the previous year and up 95.7% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - all social assistance in Panama peaked at 19.8% in 2021 and was at its lowest, 3.3%, in 2008.
Panama ranks 20th of 34 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 3.3% | — |
| 2009 | 4.3% | +31.8% |
| 2010 | 5.2% | +19.9% |
| 2011 | 5.3% | +3.1% |
| 2012 | 5.3% | -1.2% |
| 2013 | 5.4% | +2.5% |
| 2014 | 5.7% | +5.6% |
| 2015 | 8.0% | +41.3% |
| 2016 | 7.9% | -1.5% |
| 2017 | 7.7% | -3.3% |
| 2018 | 8.2% | +7.4% |
| 2019 | 7.4% | -9.5% |
| 2021 | 19.8% | +166.6% |
| 2023 | 10.6% | -46.8% |
Panama compared with similar countries
- Panama's 10.6% is below the median for high income countries, which is 15.4%, 69% of the median. (6 countries reporting)
- Panama's 10.6% is above the median for Latin America & Caribbean, which is 8.8%, 1.2× 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 | +166.6% | 7.4% | 19.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | 3.3% | 4.3% | 2 |
| 2010s | 6.6% | 5.2% | 8.2% | 10 |
| 2020s | 15.2% | 10.6% | 19.8% | 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 2nd quintile (%) - all social assistance in Panama?
- Adequacy of benefits in 2nd quintile (%) - all social assistance in Panama was 10.6% 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 19.8% in 2021.
- What is the lowest adequacy of benefits in 2nd quintile (%) - all social assistance recorded in Panama?
- The lowest recorded value was 3.3% in 2008.
- How does Panama rank for adequacy of benefits in 2nd quintile (%) - all social assistance?
- Panama ranks 20th 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 95.7%. The long-run trend across the full record is volatile.
- 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 -urban. Statizoid updates them automatically from the source API.
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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