Adequacy of benefits in 3rd quintile (%) - All Social Assistance in Panama
Panama: Adequacy of benefits in 3rd quintile (%) - All Social Assistance was 19.2% in 2023. ▲ Rising
Adequacy of benefits in 3rd quintile (%) - All Social Assistance in Panama, 2008–2023
Source: ASPIRE.
Analysis
In 2023, adequacy of benefits in 3rd quintile (%) - all social assistance in Panama stood at 19.2%.
That represents a change of down 22.1% on the previous year and up 41.6% over ten years.
Over the whole period, adequacy of benefits in 3rd quintile (%) - all social assistance in Panama peaked at 24.7% in 2021 and was at its lowest, 5.6%, in 2008.
That places Panama 11th out of 34 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
| Year | Value | Change |
|---|---|---|
| 2008 | 5.6% | — |
| 2009 | 11.6% | +105.5% |
| 2010 | 15.4% | +33.2% |
| 2011 | 15.3% | -0.8% |
| 2012 | 14.2% | -7.2% |
| 2013 | 13.6% | -4.1% |
| 2014 | 13.5% | -0.8% |
| 2015 | 21.7% | +61.3% |
| 2016 | 23.4% | +7.5% |
| 2017 | 21.7% | -7.2% |
| 2018 | 19.1% | -12.0% |
| 2019 | 19.5% | +2.0% |
| 2021 | 24.7% | +26.8% |
| 2023 | 19.2% | -22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.6% | 5.6% | 11.6% | 2 |
| 2010s | 17.7% | 13.5% | 23.4% | 10 |
| 2020s | 22.0% | 19.2% | 24.7% | 2 |
Countries ranked near Panama
- 9 Costa Rica 20.5% compare
- 10 Kazakhstan 20.4% compare
- 12 Mexico 18.5% compare
- 13 Ecuador 17.9% compare
- 14 Romania 16.1% compare
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 3rd quintile (%) - all social assistance in Panama?
- Adequacy of benefits in 3rd quintile (%) - all social assistance in Panama was 19.2% 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 24.7% in 2021.
- What is the lowest adequacy of benefits in 3rd quintile (%) - all social assistance recorded in Panama?
- The lowest recorded value was 5.6% in 2008.
- How does Panama rank for adequacy of benefits in 3rd quintile (%) - all social assistance?
- Panama ranks 11th out of 34 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 41.6%. 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 -rural. 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