Adequacy of benefits in 3rd quintile (%) - All Social Assistance in Panama
Panama: Adequacy of benefits in 3rd quintile (%) - All Social Assistance was 6.3% in 2023. ▲ Rising
Adequacy of benefits in 3rd quintile (%) - All Social Assistance in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 3rd quintile (%) - all social assistance in Panama is 6.3%, measured in 2023.
Compared with earlier readings it is down 51.8% on the previous year and up 43.6% over ten years.
Over the whole period, adequacy of benefits in 3rd quintile (%) - all social assistance in Panama peaked at 13.1% in 2021 and was at its lowest, 1.0%, in 2008.
That places Panama 23rd 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 | 1.0% | — |
| 2009 | 3.7% | +290.4% |
| 2010 | 4.4% | +18.9% |
| 2011 | 4.9% | +10.3% |
| 2012 | 4.4% | -10.4% |
| 2013 | 4.4% | +0.3% |
| 2014 | 4.3% | -1.8% |
| 2015 | 5.2% | +20.9% |
| 2016 | 5.5% | +5.2% |
| 2017 | 5.0% | -8.0% |
| 2018 | 4.8% | -5.7% |
| 2019 | 5.0% | +6.2% |
| 2021 | 13.1% | +159.2% |
| 2023 | 6.3% | -51.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 1.0% | 3.7% | 2 |
| 2010s | 4.8% | 4.3% | 5.5% | 10 |
| 2020s | 9.7% | 6.3% | 13.1% | 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 3rd quintile (%) - all social assistance in Panama?
- Adequacy of benefits in 3rd quintile (%) - all social assistance in Panama was 6.3% 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 13.1% in 2021.
- What is the lowest adequacy of benefits in 3rd quintile (%) - all social assistance recorded in Panama?
- The lowest recorded value was 1.0% in 2008.
- How does Panama rank for adequacy of benefits in 3rd quintile (%) - all social assistance?
- Panama ranks 23rd 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 43.6%. 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 -urban. 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