Adequacy of benefits in 5th quintile (richest) (%) - All Social in Panama

Panama: Adequacy of benefits in 5th quintile (richest) (%) - All Social was 2.5% in 2023. ▲ Rising

Latest (2023)
2.5%
Change on year
down 33.9%
World rank
29th
of 35 countries
All-time high
3.8%
in 2012
All-time low
0.4%
in 2008
Years of data
14
2008–2023

Adequacy of benefits in 5th quintile (richest) (%) - All Social in Panama, 2008–2023

012342008201520232008: 0.4362009: 2.62010: 3.62011: 3.82012: 3.82013: 3.22014: 3.62015: 2.82016: 2.62017: 2.82018: 2.72019: 2.22021: 3.82023: 2.5

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 5th quintile (richest) (%) - all social in Panama is 2.5%, measured in 2023.

That represents a change of down 33.9% on the previous year and down 21.8% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - all social in Panama peaked at 3.8% in 2012 and was at its lowest, 0.4%, in 2008.

Panama ranks 29th of 35 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

Annual values for Adequacy of benefits in 5th quintile (richest) (%) - All Social Assistance in Panama, 2008 to 2023.
Year Value Change
2008 0.4%
2009 2.6% +504.5%
2010 3.6% +35.4%
2011 3.8% +6.5%
2012 3.8% +0.8%
2013 3.2% -16.5%
2014 3.6% +12.2%
2015 2.8% -22.2%
2016 2.6% -5.2%
2017 2.8% +6.4%
2018 2.7% -5.6%
2019 2.2% -18.4%
2021 3.8% +74.3%
2023 2.5% -33.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.5% 0.4% 2.6% 2
2010s 3.1% 2.2% 3.8% 10
2020s 3.1% 2.5% 3.8% 2

Countries ranked near Panama

  1. 26 Bolivia, Plurinational State of 2.8% compare
  2. 27 Ukraine 2.8% compare
  3. 28 Malawi 2.5% compare
  4. 30 Honduras 2.2% compare
  5. 31 Uruguay 1.9% compare
  6. 32 Paraguay 1.6% 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 5th quintile (richest) (%) - all social in Panama?
Adequacy of benefits in 5th quintile (richest) (%) - all social in Panama was 2.5% 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 3.8% 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 29th out of 35 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 21.8%. 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 5th quintile (richest) (%) - All Social Assistance. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 5th quintile (richest) (%) - All Social in Panama. Statizoid, drawing on ASPIRE. Retrieved 13 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-all-social-assistance/panama/

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About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - All Social Assistance
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 347 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