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

Panama: Adequacy of benefits in 4th quintile (%) - All Social Assistance was 5.0% in 2023. ▲ Rising

Latest (2023)
5.0%
Change on year
down 46.1%
World rank
23rd
of 35 countries
All-time high
9.2%
in 2021
All-time low
0.9%
in 2008
Years of data
14
2008–2023

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

02468102008201520232008: 0.9492009: 3.82010: 5.32011: 4.62012: 4.72013: 4.82014: 4.52015: 4.92016: 4.72017: 4.62018: 42019: 4.52021: 9.22023: 5

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 4th quintile (%) - all social assistance in Panama stood at 5.0%.

Compared with earlier readings it is down 46.1% on the previous year and up 2.8% over ten years.

Over the whole period, adequacy of benefits in 4th quintile (%) - all social assistance in Panama peaked at 9.2% in 2021 and was at its lowest, 0.9%, in 2008.

That places Panama 23rd out of 35 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 in Panama, 2008 to 2023.
Year Value Change
2008 0.9%
2009 3.8% +296.6%
2010 5.3% +41.0%
2011 4.6% -12.6%
2012 4.7% +1.3%
2013 4.8% +2.6%
2014 4.5% -7.1%
2015 4.9% +9.3%
2016 4.7% -3.3%
2017 4.6% -3.6%
2018 4.0% -11.9%
2019 4.5% +12.0%
2021 9.2% +104.1%
2023 5.0% -46.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.4% 0.9% 3.8% 2
2010s 4.7% 4.0% 5.3% 10
2020s 7.1% 5.0% 9.2% 2

Countries ranked near Panama

  1. 20 Mongolia 6.9% compare
  2. 21 Argentina 6.2% compare
  3. 22 Dominican Republic 5.5% compare
  4. 24 Thailand 4.8% compare
  5. 25 Sri Lanka 4.6% compare
  6. 26 Bolivia, Plurinational State of 4.3% compare

See the full ranking of 35 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 5.0% 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 9.2% in 2021.
What is the lowest adequacy of benefits in 4th quintile (%) - all social assistance recorded in Panama?
The lowest recorded value was 0.9% in 2008.
How does Panama rank for adequacy of benefits in 4th quintile (%) - all social assistance?
Panama ranks 23rd out of 35 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 2.8%. 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. 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 09 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-in-4th-quintile-percent-all-social-assistance/panama/

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About this data

Indicator
Adequacy of benefits in 4th quintile (%) - All Social Assistance
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 348 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