Adequacy of benefits in 3rd quintile (%) - All Social Insurance -rural in Panama
Panama: Adequacy of benefits in 3rd quintile (%) - All Social Insurance -rural was 35.9% in 2023. ▼ Falling
Adequacy of benefits in 3rd quintile (%) - All Social Insurance -rural in Panama, 2008–2023
Source: ASPIRE.
Analysis
In 2023, adequacy of benefits in 3rd quintile (%) - all social insurance -rural in Panama stood at 35.9%.
Compared with earlier readings it is up 3.3% on the previous year and up 19.4% over ten years.
Over the whole period, adequacy of benefits in 3rd quintile (%) - all social insurance -rural in Panama peaked at 47.0% in 2008 and was at its lowest, 29.2%, in 2012.
Panama ranks 23rd of 31 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Adequacy of benefits in 3rd quintile (%) - All Social Insurance -rural in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 47.0% | — |
| 2009 | 36.2% | -22.9% |
| 2010 | 29.9% | -17.4% |
| 2011 | 31.8% | +6.4% |
| 2012 | 29.2% | -8.1% |
| 2013 | 30.0% | +2.8% |
| 2014 | 34.4% | +14.6% |
| 2015 | 39.0% | +13.2% |
| 2016 | 29.6% | -24.2% |
| 2017 | 35.6% | +20.3% |
| 2018 | 35.6% | -0.0% |
| 2019 | 32.6% | -8.3% |
| 2021 | 34.7% | +6.5% |
| 2023 | 35.9% | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.6% | 36.2% | 47.0% | 2 |
| 2010s | 32.8% | 29.2% | 39.0% | 10 |
| 2020s | 35.3% | 34.7% | 35.9% | 2 |
Countries ranked near Panama
- 20 Viet Nam 44.8% compare
- 21 Kyrgyzstan 42.4% compare
- 22 Dominican Republic 41.1% compare
- 24 Peru 34.3% compare
- 25 Armenia 33.6% compare
- 26 Côte d'Ivoire 33.6% 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 insurance -rural in Panama?
- Adequacy of benefits in 3rd quintile (%) - all social insurance -rural in Panama was 35.9% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 3rd quintile (%) - all social insurance -rural recorded in Panama?
- The highest recorded value was 47.0% in 2008.
- What is the lowest adequacy of benefits in 3rd quintile (%) - all social insurance -rural recorded in Panama?
- The lowest recorded value was 29.2% in 2012.
- How does Panama rank for adequacy of benefits in 3rd quintile (%) - all social insurance -rural?
- Panama ranks 23rd out of 31 countries with data for 2023.
- Is adequacy of benefits in 3rd quintile (%) - all social insurance -rural rising or falling in Panama?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 3rd quintile (%) - All Social Insurance -rural. 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