Adequacy of benefits in 2nd quintile (%) -All Social Protection and in Panama
Panama: Adequacy of benefits in 2nd quintile (%) -All Social Protection and was 17.9% in 2023. ▬ Flat
Adequacy of benefits in 2nd quintile (%) -All Social Protection and in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 17.9% for adequacy of benefits in 2nd quintile (%) -all social protection and in 2023.
The figure is down 33.4% on the previous year and up 29.3% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) -all social protection and in Panama peaked at 34.1% in 2008 and was at its lowest, 12.9%, in 2009.
Panama ranks 26th of 36 countries on this measure, in the middle of the range.
Adequacy of benefits in 2nd quintile (%) -All Social Protection and in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 34.1% | — |
| 2009 | 12.9% | -62.3% |
| 2010 | 13.1% | +2.2% |
| 2011 | 14.7% | +11.8% |
| 2012 | 15.0% | +2.4% |
| 2013 | 13.8% | -7.8% |
| 2014 | 13.8% | -0.1% |
| 2015 | 15.0% | +8.5% |
| 2016 | 14.9% | -1.0% |
| 2017 | 14.8% | -0.7% |
| 2018 | 16.3% | +10.7% |
| 2019 | 15.0% | -8.0% |
| 2021 | 26.9% | +79.1% |
| 2023 | 17.9% | -33.4% |
Panama compared with similar countries
- Panama's 17.9% is below the median for high income countries, which is 28.7%, 62% of the median. (6 countries reporting)
- Panama's 17.9% is above the median for Latin America & Caribbean, which is 17.9%, 1.0× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Adequacy of benefits in 2nd quintile (%) -All Social Protection and 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 | +79.1% | 15.0% | 26.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.5% | 12.9% | 34.1% | 2 |
| 2010s | 14.6% | 13.1% | 16.3% | 10 |
| 2020s | 22.4% | 17.9% | 26.9% | 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 protection and in Panama?
- Adequacy of benefits in 2nd quintile (%) -all social protection and in Panama was 17.9% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) -all social protection and recorded in Panama?
- The highest recorded value was 34.1% in 2008.
- What is the lowest adequacy of benefits in 2nd quintile (%) -all social protection and recorded in Panama?
- The lowest recorded value was 12.9% in 2009.
- How does Panama rank for adequacy of benefits in 2nd quintile (%) -all social protection and?
- Panama ranks 26th out of 36 countries with data for 2023.
- Is adequacy of benefits in 2nd quintile (%) -all social protection and rising or falling in Panama?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) -All Social Protection and Labor -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