Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama
Panama: Adequacy of benefits in 2nd quintile (%) - All Social Assistance was 14.6% in 2023. ▲ Rising
Adequacy of benefits in 2nd quintile (%) - All Social Assistance in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 2nd quintile (%) - all social assistance in Panama is 14.6%, measured in 2023.
Compared with earlier readings it is down 41.4% on the previous year and up 54.4% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - all social assistance in Panama peaked at 24.9% in 2021 and was at its lowest, 5.1%, 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 | Value | Change |
|---|---|---|
| 2008 | 5.1% | — |
| 2009 | 8.2% | +60.4% |
| 2010 | 10.5% | +28.0% |
| 2011 | 10.6% | +0.8% |
| 2012 | 9.5% | -10.4% |
| 2013 | 9.5% | -0.3% |
| 2014 | 9.6% | +1.3% |
| 2015 | 14.5% | +51.3% |
| 2016 | 14.3% | -1.1% |
| 2017 | 13.7% | -4.6% |
| 2018 | 13.1% | -4.1% |
| 2019 | 12.6% | -3.8% |
| 2021 | 24.9% | +97.5% |
| 2023 | 14.6% | -41.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.7% | 5.1% | 8.2% | 2 |
| 2010s | 11.8% | 9.5% | 14.5% | 10 |
| 2020s | 19.7% | 14.6% | 24.9% | 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 14.6% 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 24.9% in 2021.
- What is the lowest adequacy of benefits in 2nd quintile (%) - all social assistance recorded in Panama?
- The lowest recorded value was 5.1% 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 54.4%. 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. 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