Adequacy of benefits in 3rd quintile (%) - Domestic Private Transfers in Panama
Panama: Adequacy of benefits in 3rd quintile (%) - Domestic Private Transfers was 8.7% in 2023. ▬ Flat
Adequacy of benefits in 3rd quintile (%) - Domestic Private Transfers in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 8.7% for adequacy of benefits in 3rd quintile (%) - domestic private transfers in 2023. That is the lowest value across all 14 years on record.
That represents a change of down 12.9% on the previous year and down 8.9% over ten years.
Over the whole period, adequacy of benefits in 3rd quintile (%) - domestic private transfers in Panama peaked at 12.2% in 2016 and was at its lowest, 8.7%, in 2023.
Panama ranks 29th of 31 countries on this measure, in the bottom quarter.
Adequacy of benefits in 3rd quintile (%) - Domestic Private Transfers in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 9.5% | — |
| 2009 | 10.0% | +5.4% |
| 2010 | 10.9% | +8.8% |
| 2011 | 9.7% | -10.7% |
| 2012 | 9.6% | -0.5% |
| 2013 | 9.6% | -0.8% |
| 2014 | 9.9% | +3.9% |
| 2015 | 11.2% | +13.0% |
| 2016 | 12.2% | +8.9% |
| 2017 | 11.4% | -6.7% |
| 2018 | 9.9% | -13.1% |
| 2019 | 10.9% | +10.0% |
| 2021 | 10.0% | -8.3% |
| 2023 | 8.7% | -12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.7% | 9.5% | 10.0% | 2 |
| 2010s | 10.5% | 9.6% | 12.2% | 10 |
| 2020s | 9.4% | 8.7% | 10.0% | 2 |
Countries ranked near Panama
- 26 Belarus 10.1% compare
- 27 El Salvador 9.4% compare
- 28 Malawi 8.9% compare
- 30 Pakistan 7.0% compare
- 31 Burkina Faso 5.0% 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 (%) - domestic private transfers in Panama?
- Adequacy of benefits in 3rd quintile (%) - domestic private transfers in Panama was 8.7% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 3rd quintile (%) - domestic private transfers recorded in Panama?
- The highest recorded value was 12.2% in 2016.
- What is the lowest adequacy of benefits in 3rd quintile (%) - domestic private transfers recorded in Panama?
- The lowest recorded value was 8.7% in 2023.
- How does Panama rank for adequacy of benefits in 3rd quintile (%) - domestic private transfers?
- Panama ranks 29th out of 31 countries with data for 2023.
- Is adequacy of benefits in 3rd quintile (%) - domestic private transfers rising or falling in Panama?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 3rd quintile (%) - Domestic Private Transfers -urban. 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