Adequacy of benefits in 5th quintile (richest) (%) - All Social in Panama
Panama: Adequacy of benefits in 5th quintile (richest) (%) - All Social was 2.1% in 2023. ▲ Rising
Adequacy of benefits in 5th quintile (richest) (%) - All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 2.1% for adequacy of benefits in 5th quintile (richest) (%) - all social in 2023.
That represents a change of down 34.6% on the previous year and down 28.4% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - all social in Panama peaked at 4.2% in 2012 and was at its lowest, 0.4%, in 2008.
Panama ranks 28th of 34 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 5th quintile (richest) (%) - All Social in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.4% | — |
| 2009 | 2.6% | +529.2% |
| 2010 | 2.6% | +0.1% |
| 2011 | 2.3% | -13.7% |
| 2012 | 4.2% | +85.6% |
| 2013 | 2.9% | -29.8% |
| 2014 | 2.5% | -14.3% |
| 2015 | 2.5% | -0.1% |
| 2016 | 2.4% | -5.7% |
| 2017 | 2.7% | +13.4% |
| 2018 | 2.3% | -12.8% |
| 2019 | 1.9% | -19.2% |
| 2021 | 3.2% | +69.6% |
| 2023 | 2.1% | -34.6% |
Panama compared with similar countries
- Panama's 2.1% is below the median for Latin America & Caribbean, which is 2.6%, 80% of the median. (15 countries reporting)
- Panama's 2.1% is below the median for high income countries, which is 6.0%, 35% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Adequacy of benefits in 5th quintile (richest) (%) - All Social in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +529.2% | 0.4% | 2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5% | 0.4% | 2.6% | 2 |
| 2010s | 2.6% | 1.9% | 4.2% | 10 |
| 2020s | 2.7% | 2.1% | 3.2% | 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 5th quintile (richest) (%) - all social in Panama?
- Adequacy of benefits in 5th quintile (richest) (%) - all social in Panama was 2.1% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits in 5th quintile (richest) (%) - all social recorded in Panama?
- The highest recorded value was 4.2% in 2012.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) - all social recorded in Panama?
- The lowest recorded value was 0.4% in 2008.
- How does Panama rank for adequacy of benefits in 5th quintile (richest) (%) - all social?
- Panama ranks 28th out of 34 countries with data for 2023.
- Is adequacy of benefits in 5th quintile (richest) (%) - all social rising or falling in Panama?
- Over the last ten years it is down 28.4%. 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 5th quintile (richest) (%) - All Social Assistance -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