Adequacy of benefits in 4th quintile (%) - All Social Assistance in Panama

Panama: Adequacy of benefits in 4th quintile (%) - All Social Assistance was 13.1% in 2023. ▲ Rising

Latest (2023)
13.1%
Change on year
down 23.3%
World rank
13th
of 34 countries
All-time high
17.1%
in 2021
All-time low
3.0%
in 2008
Years of data
14
2008–2023

Adequacy of benefits in 4th quintile (%) - All Social Assistance in Panama, 2008–2023

510152008201520232008: 32009: 7.42010: 12.22011: 12.22012: 10.42013: 10.82014: 11.12015: 14.92016: 14.32017: 132018: 11.62019: 11.22021: 17.12023: 13.1

Source: ASPIRE.

Analysis

Panama recorded 13.1% for adequacy of benefits in 4th quintile (%) - all social assistance in 2023.

Compared with earlier readings it is down 23.3% on the previous year and up 22.1% over ten years.

Over the whole period, adequacy of benefits in 4th quintile (%) - all social assistance in Panama peaked at 17.1% in 2021 and was at its lowest, 3.0%, in 2008.

That places Panama 13th 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 4th quintile (%) - All Social Assistance in Panama, year by year

Annual values for Adequacy of benefits in 4th quintile (%) - All Social Assistance -rural in Panama, 2008 to 2023.
Year Value Change
2008 3.0%
2009 7.4% +151.2%
2010 12.2% +64.4%
2011 12.2% -0.1%
2012 10.4% -14.9%
2013 10.8% +3.9%
2014 11.1% +3.3%
2015 14.9% +33.8%
2016 14.3% -3.9%
2017 13.0% -8.8%
2018 11.6% -11.2%
2019 11.2% -3.5%
2021 17.1% +53.5%
2023 13.1% -23.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.2% 3.0% 7.4% 2
2010s 12.2% 10.4% 14.9% 10
2020s 15.1% 13.1% 17.1% 2

Countries ranked near Panama

  1. 10 Ecuador 14.8% compare
  2. 11 Mexico 14.8% compare
  3. 12 Costa Rica 13.7% compare
  4. 14 Kyrgyzstan 12.3% compare
  5. 15 Romania 12.0% compare
  6. 16 Viet Nam 11.8% compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits in 4th quintile (%) - all social assistance in Panama?
Adequacy of benefits in 4th quintile (%) - all social assistance in Panama was 13.1% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 4th quintile (%) - all social assistance recorded in Panama?
The highest recorded value was 17.1% in 2021.
What is the lowest adequacy of benefits in 4th quintile (%) - all social assistance recorded in Panama?
The lowest recorded value was 3.0% in 2008.
How does Panama rank for adequacy of benefits in 4th quintile (%) - all social assistance?
Panama ranks 13th out of 34 countries with data for 2023.
Is adequacy of benefits in 4th quintile (%) - all social assistance rising or falling in Panama?
Over the last ten years it is up 22.1%. 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 4th quintile (%) - All Social Assistance -rural. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 4th quintile (%) - All Social Assistance in Panama. Statizoid, drawing on ASPIRE. Retrieved 12 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-in-4th-quintile-percent-all-social-assistance-rural/panama/

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About this data

Indicator
Adequacy of benefits in 4th quintile (%) - All Social Assistance -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 329 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