Adequacy of benefits (%) - All Social Assistance -urban in Panama

Panama: Adequacy of benefits (%) - All Social Assistance -urban was 6.4% in 2023. ▲ Rising

Latest (2023)
6.4%
Change on year
down 39.9%
World rank
23rd
of 34 countries
All-time high
10.7%
in 2021
All-time low
0.8%
in 2008
Years of data
14
2008–2023

Adequacy of benefits (%) - All Social Assistance -urban in Panama, 2008–2023

02468102008201520232008: 0.7732009: 42010: 4.62011: 4.62012: 4.82013: 4.72014: 4.52015: 5.62016: 5.72017: 5.62018: 5.22019: 4.92021: 10.72023: 6.4

Source: ASPIRE.

Analysis

Panama recorded 6.4% for adequacy of benefits (%) - all social assistance -urban in 2023.

Compared with earlier readings it is down 39.9% on the previous year and up 37.5% over ten years.

Over the whole period, adequacy of benefits (%) - all social assistance -urban in Panama peaked at 10.7% in 2021 and was at its lowest, 0.8%, in 2008.

Panama ranks 23rd of 34 countries on this measure, in the middle of the range.

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

Adequacy of benefits (%) - All Social Assistance -urban in Panama, year by year

Annual values for Adequacy of benefits (%) - All Social Assistance -urban in Panama, 2008 to 2023.
Year Value Change
2008 0.8%
2009 4.0% +417.6%
2010 4.6% +15.3%
2011 4.6% -0.2%
2012 4.8% +4.5%
2013 4.7% -2.8%
2014 4.5% -2.8%
2015 5.6% +22.9%
2016 5.7% +1.6%
2017 5.6% -0.8%
2018 5.2% -7.1%
2019 4.9% -5.9%
2021 10.7% +117.2%
2023 6.4% -39.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.4% 0.8% 4.0% 2
2010s 5.0% 4.5% 5.7% 10
2020s 8.6% 6.4% 10.7% 2

Countries ranked near Panama

  1. 20 Indonesia 8.5% compare
  2. 21 Dominican Republic 6.7% compare
  3. 22 Viet Nam 6.4% compare
  4. 24 Sri Lanka 5.9% compare
  5. 25 Thailand 5.6% compare
  6. 26 Uruguay 5.1% compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits (%) - all social assistance -urban in Panama?
Adequacy of benefits (%) - all social assistance -urban in Panama was 6.4% in 2023, according to ASPIRE.
What is the highest adequacy of benefits (%) - all social assistance -urban recorded in Panama?
The highest recorded value was 10.7% in 2021.
What is the lowest adequacy of benefits (%) - all social assistance -urban recorded in Panama?
The lowest recorded value was 0.8% in 2008.
How does Panama rank for adequacy of benefits (%) - all social assistance -urban?
Panama ranks 23rd out of 34 countries with data for 2023.
Is adequacy of benefits (%) - all social assistance -urban rising or falling in Panama?
Over the last ten years it is up 37.5%. 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 (%) - All Social Assistance -urban. Statizoid updates them automatically from the source API.

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Adequacy of benefits (%) - All Social Assistance -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-percent-all-social-assistance-urban/panama/

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About this data

Indicator
Adequacy of benefits (%) - All Social Assistance -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 340 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