Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Panama
Panama: Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers was 13.8% in 2023. ▲ Rising
Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Panama, 2008–2023
Source: ASPIRE. Measured in preT.
Analysis
Panama recorded 13.8% for adequacy of benefits in 2nd quintile (%) - domestic private transfers in 2023.
Compared with earlier readings it is down 0.7% on the previous year and down 7.0% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - domestic private transfers in Panama peaked at 16.3% in 2016 and was at its lowest, 12.7%, in 2009.
Panama ranks 26th of 31 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Panama, year by year
| Year | preT | Change |
|---|---|---|
| 2008 | 13.7% | — |
| 2009 | 12.7% | -7.0% |
| 2010 | 14.4% | +13.2% |
| 2011 | 13.0% | -9.9% |
| 2012 | 14.9% | +14.9% |
| 2013 | 14.9% | -0.4% |
| 2014 | 14.2% | -4.5% |
| 2015 | 16.0% | +12.5% |
| 2016 | 16.3% | +2.1% |
| 2017 | 15.8% | -2.8% |
| 2018 | 14.3% | -9.4% |
| 2019 | 15.1% | +4.9% |
| 2021 | 13.9% | -7.6% |
| 2023 | 13.8% | -0.7% |
Panama compared with similar countries
- Panama's 13.8% is below the median for high income countries, which is 21.3%, 65% of the median. (6 countries reporting)
- Panama's 13.8% is below the median for Latin America & Caribbean, which is 19.2%, 72% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.2% | 12.7% | 13.7% | 2 |
| 2010s | 14.9% | 13.0% | 16.3% | 10 |
| 2020s | 13.9% | 13.8% | 13.9% | 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 (%) - domestic private transfers in Panama?
- Adequacy of benefits in 2nd quintile (%) - domestic private transfers in Panama was 13.8% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - domestic private transfers recorded in Panama?
- The highest recorded value was 16.3% in 2016.
- What is the lowest adequacy of benefits in 2nd quintile (%) - domestic private transfers recorded in Panama?
- The lowest recorded value was 12.7% in 2009.
- How does Panama rank for adequacy of benefits in 2nd quintile (%) - domestic private transfers?
- Panama ranks 26th out of 31 countries with data for 2023.
- Is adequacy of benefits in 2nd quintile (%) - domestic private transfers rising or falling in Panama?
- Over the last ten years it is down 7.0%. 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 (%) - Domestic Private Transfers (preT). Statizoid updates them automatically from the source API.
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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