Adequacy of benefits in 4th quintile (%) - Domestic Private Transfers in Panama

Panama: Adequacy of benefits in 4th quintile (%) - Domestic Private Transfers was 9.3% in 2023. ▲ Rising

Latest (2023)
9.3%
Change on year
down 2.6%
World rank
28th
of 31 countries
All-time high
11.2%
in 2015
All-time low
8.4%
in 2012
Years of data
14
2008–2023

Adequacy of benefits in 4th quintile (%) - Domestic Private Transfers in Panama, 2008–2023

02.557.5102008201520232008: 8.7 preT2009: 8.7 preT2010: 9.2 preT2011: 9.5 preT2012: 8.4 preT2013: 8.8 preT2014: 9.5 preT2015: 11.2 preT2016: 10.7 preT2017: 10.1 preT2018: 9.3 preT2019: 8.5 preT2021: 9.5 preT2023: 9.3 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, adequacy of benefits in 4th quintile (%) - domestic private transfers in Panama stood at 9.3%.

That represents a change of down 2.6% on the previous year and up 5.0% over ten years.

Over the whole period, adequacy of benefits in 4th quintile (%) - domestic private transfers in Panama peaked at 11.2% in 2015 and was at its lowest, 8.4%, in 2012.

Panama ranks 28th of 31 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Adequacy of benefits in 4th quintile (%) - Domestic Private Transfers in Panama, year by year

Annual values for Adequacy of benefits in 4th quintile (%) - Domestic Private Transfers (preT) in Panama, 2008 to 2023.
Year preT Change
2008 8.7%
2009 8.7% +0.5%
2010 9.2% +4.9%
2011 9.5% +4.0%
2012 8.4% -12.0%
2013 8.8% +5.4%
2014 9.5% +7.0%
2015 11.2% +18.8%
2016 10.7% -4.5%
2017 10.1% -5.5%
2018 9.3% -8.6%
2019 8.5% -8.7%
2021 9.5% +12.7%
2023 9.3% -2.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.7% 8.7% 8.7% 2
2010s 9.5% 8.4% 11.2% 10
2020s 9.4% 9.3% 9.5% 2

Countries ranked near Panama

  1. 25 Belarus 12.5% compare
  2. 26 Paraguay 12.3% compare
  3. 27 Ecuador 9.5% compare
  4. 29 El Salvador 8.6% compare
  5. 30 Malawi 7.3% compare
  6. 31 Burkina Faso 4.8% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits in 4th quintile (%) - domestic private transfers in Panama?
Adequacy of benefits in 4th quintile (%) - domestic private transfers in Panama was 9.3% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 4th quintile (%) - domestic private transfers recorded in Panama?
The highest recorded value was 11.2% in 2015.
What is the lowest adequacy of benefits in 4th quintile (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 8.4% in 2012.
How does Panama rank for adequacy of benefits in 4th quintile (%) - domestic private transfers?
Panama ranks 28th out of 31 countries with data for 2023.
Is adequacy of benefits in 4th quintile (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is up 5.0%. 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 (%) - Domestic Private Transfers (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 4th quintile (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 12 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-in-4th-quintile-percent-domestic-private-transfers-pret/panama/

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About this data

Indicator
Adequacy of benefits in 4th quintile (%) - Domestic Private Transfers (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 318 data points, 2003–2023
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