Adequacy of benefits in 3rd quintile (%) - All Social Assistance in Panama

Panama: Adequacy of benefits in 3rd quintile (%) - All Social Assistance was 7.8% in 2023. ▲ Rising

Latest (2023)
7.8%
Change on year
down 44.6%
World rank
19th
of 35 countries
All-time high
14.1%
in 2021
All-time low
1.7%
in 2008
Years of data
14
2008–2023

Adequacy of benefits in 3rd quintile (%) - All Social Assistance in Panama, 2008–2023

2.557.51012.5152008201520232008: 1.7 preT2009: 4.4 preT2010: 5.5 preT2011: 5.5 preT2012: 5 preT2013: 5.5 preT2014: 5.7 preT2015: 6.9 preT2016: 6.9 preT2017: 6.5 preT2018: 6.6 preT2019: 6.1 preT2021: 14.1 preT2023: 7.8 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 7.8% for adequacy of benefits in 3rd quintile (%) - all social assistance in 2023.

The figure is down 44.6% on the previous year and up 41.8% over ten years.

Over the whole period, adequacy of benefits in 3rd quintile (%) - all social assistance in Panama peaked at 14.1% in 2021 and was at its lowest, 1.7%, in 2008.

That places Panama 19th 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 3rd quintile (%) - All Social Assistance in Panama, year by year

Annual values for Adequacy of benefits in 3rd quintile (%) - All Social Assistance (preT) in Panama, 2008 to 2023.
Year preT Change
2008 1.7%
2009 4.4% +163.7%
2010 5.5% +24.0%
2011 5.5% +0.5%
2012 5.0% -10.5%
2013 5.5% +11.4%
2014 5.7% +3.3%
2015 6.9% +21.1%
2016 6.9% -0.6%
2017 6.5% -4.6%
2018 6.6% +0.4%
2019 6.1% -6.5%
2021 14.1% +129.7%
2023 7.8% -44.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.1% 1.7% 4.4% 2
2010s 6.0% 5.0% 6.9% 10
2020s 11.0% 7.8% 14.1% 2

Countries ranked near Panama

  1. 16 Mongolia 9.3% compare
  2. 17 Costa Rica 8.8% compare
  3. 18 Indonesia 8.1% compare
  4. 20 Argentina 7.2% compare
  5. 21 Dominican Republic 6.8% compare
  6. 22 Viet Nam 6.6% compare

See the full ranking of 35 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits in 3rd quintile (%) - all social assistance in Panama?
Adequacy of benefits in 3rd quintile (%) - all social assistance in Panama was 7.8% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 3rd quintile (%) - all social assistance recorded in Panama?
The highest recorded value was 14.1% in 2021.
What is the lowest adequacy of benefits in 3rd quintile (%) - all social assistance recorded in Panama?
The lowest recorded value was 1.7% in 2008.
How does Panama rank for adequacy of benefits in 3rd quintile (%) - all social assistance?
Panama ranks 19th out of 35 countries with data for 2023.
Is adequacy of benefits in 3rd quintile (%) - all social assistance rising or falling in Panama?
Over the last ten years it is up 41.8%. 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 3rd quintile (%) - All Social Assistance (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 3rd quintile (%) - All Social Assistance in Panama. Statizoid, drawing on ASPIRE. Retrieved 11 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-in-3rd-quintile-percent-all-social-assistance-pret/panama/

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About this data

Indicator
Adequacy of benefits in 3rd quintile (%) - All Social Assistance (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 348 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