Adequacy of benefits in 4th quintile (%) -All Social Protection and in Panama
Panama: Adequacy of benefits in 4th quintile (%) -All Social Protection and was 18.1% in 2023. ▼ Falling
Adequacy of benefits in 4th quintile (%) -All Social Protection and in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 4th quintile (%) -all social protection and in Panama is 18.1%, measured in 2023.
Compared with earlier readings it is down 3.8% on the previous year and down 10.9% over ten years.
Over the whole period, adequacy of benefits in 4th quintile (%) -all social protection and in Panama peaked at 38.5% in 2008 and was at its lowest, 14.9%, in 2017.
Panama ranks 28th of 36 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 Protection and in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 38.5% | — |
| 2009 | 23.3% | -39.5% |
| 2010 | 24.4% | +4.8% |
| 2011 | 22.3% | -8.7% |
| 2012 | 20.3% | -8.8% |
| 2013 | 20.4% | +0.3% |
| 2014 | 19.4% | -4.5% |
| 2015 | 15.7% | -19.4% |
| 2016 | 16.8% | +7.2% |
| 2017 | 14.9% | -11.3% |
| 2018 | 15.1% | +1.4% |
| 2019 | 15.6% | +3.5% |
| 2021 | 18.8% | +20.6% |
| 2023 | 18.1% | -3.8% |
Panama compared with similar countries
- Panama's 18.1% is below the median for high income countries, which is 34.0%, 53% of the median. (6 countries reporting)
- Panama's 18.1% is below the median for Latin America & Caribbean, which is 24.0%, 75% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.9% | 23.3% | 38.5% | 2 |
| 2010s | 18.5% | 14.9% | 24.4% | 10 |
| 2020s | 18.5% | 18.1% | 18.8% | 2 |
Countries ranked near Panama
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 protection and in Panama?
- Adequacy of benefits in 4th quintile (%) -all social protection and in Panama was 18.1% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 4th quintile (%) -all social protection and recorded in Panama?
- The highest recorded value was 38.5% in 2008.
- What is the lowest adequacy of benefits in 4th quintile (%) -all social protection and recorded in Panama?
- The lowest recorded value was 14.9% in 2017.
- How does Panama rank for adequacy of benefits in 4th quintile (%) -all social protection and?
- Panama ranks 28th out of 36 countries with data for 2023.
- Is adequacy of benefits in 4th quintile (%) -all social protection and rising or falling in Panama?
- Over the last ten years it is down 10.9%. 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 Protection and Labor -urban. Statizoid updates them automatically from the source API.
Download this data
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