Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural in Panama
Panama: Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural was 33.3% in 2023. ▼ Falling
Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural in Panama, 2008–2023
Source: ASPIRE.
Analysis
In 2023, adequacy of benefits in 4th quintile (%) - all social insurance -rural in Panama stood at 33.3%.
The figure is down 1.7% on the previous year and up 0.6% over ten years.
Over the whole period, adequacy of benefits in 4th quintile (%) - all social insurance -rural in Panama peaked at 40.9% in 2008 and was at its lowest, 29.9%, in 2011.
Panama ranks 25th of 31 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 40.9% | — |
| 2009 | 37.8% | -7.5% |
| 2010 | 32.9% | -13.1% |
| 2011 | 29.9% | -9.1% |
| 2012 | 33.4% | +11.6% |
| 2013 | 33.1% | -0.9% |
| 2014 | 32.3% | -2.3% |
| 2015 | 34.6% | +6.9% |
| 2016 | 39.5% | +14.4% |
| 2017 | 37.2% | -5.8% |
| 2018 | 33.9% | -9.1% |
| 2019 | 30.5% | -9.9% |
| 2021 | 33.8% | +10.9% |
| 2023 | 33.3% | -1.7% |
Panama compared with similar countries
- Panama's 33.3% is below the median for high income countries, which is 48.7%, 68% of the median. (6 countries reporting)
- Panama's 33.3% is below the median for Latin America & Caribbean, which is 40.3%, 83% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.4% | 37.8% | 40.9% | 2 |
| 2010s | 33.7% | 29.9% | 39.5% | 10 |
| 2020s | 33.6% | 33.3% | 33.8% | 2 |
Countries ranked near Panama
- 22 Ukraine 37.6% compare
- 23 Bolivia, Plurinational State of 37.4% compare
- 24 Côte d'Ivoire 36.0% compare
- 26 Armenia 32.4% compare
- 27 Kosovo 27.4% compare
- 27 Kosovo (UNSCR 1244) 27.4% 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 4th quintile (%) - all social insurance -rural in Panama?
- Adequacy of benefits in 4th quintile (%) - all social insurance -rural in Panama was 33.3% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 4th quintile (%) - all social insurance -rural recorded in Panama?
- The highest recorded value was 40.9% in 2008.
- What is the lowest adequacy of benefits in 4th quintile (%) - all social insurance -rural recorded in Panama?
- The lowest recorded value was 29.9% in 2011.
- How does Panama rank for adequacy of benefits in 4th quintile (%) - all social insurance -rural?
- Panama ranks 25th out of 31 countries with data for 2023.
- Is adequacy of benefits in 4th quintile (%) - all social insurance -rural rising or falling in Panama?
- Over the last ten years it is up 0.6%. 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 4th 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