Adequacy of benefits (%) -All Social Protection and Labor -urban in Panama
Panama: Adequacy of benefits (%) -All Social Protection and Labor -urban was 20.2% in 2023. ▼ Falling
Adequacy of benefits (%) -All Social Protection and Labor -urban in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits (%) -all social protection and labor -urban in Panama is 20.2%, measured in 2023.
Compared with earlier readings it is down 7.8% on the previous year and down 6.0% over ten years.
Over the whole period, adequacy of benefits (%) -all social protection and labor -urban in Panama peaked at 34.3% in 2008 and was at its lowest, 16.1%, in 2019.
Panama ranks 27th of 36 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Adequacy of benefits (%) -All Social Protection and Labor -urban in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 34.3% | — |
| 2009 | 24.6% | -28.2% |
| 2010 | 24.9% | +1.1% |
| 2011 | 24.3% | -2.6% |
| 2012 | 22.3% | -7.9% |
| 2013 | 21.5% | -3.7% |
| 2014 | 20.1% | -6.4% |
| 2015 | 16.6% | -17.6% |
| 2016 | 18.3% | +10.0% |
| 2017 | 17.7% | -3.1% |
| 2018 | 16.8% | -4.9% |
| 2019 | 16.1% | -4.3% |
| 2021 | 21.9% | +36.1% |
| 2023 | 20.2% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.5% | 24.6% | 34.3% | 2 |
| 2010s | 19.9% | 16.1% | 24.9% | 10 |
| 2020s | 21.1% | 20.2% | 21.9% | 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 (%) -all social protection and labor -urban in Panama?
- Adequacy of benefits (%) -all social protection and labor -urban in Panama was 20.2% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits (%) -all social protection and labor -urban recorded in Panama?
- The highest recorded value was 34.3% in 2008.
- What is the lowest adequacy of benefits (%) -all social protection and labor -urban recorded in Panama?
- The lowest recorded value was 16.1% in 2019.
- How does Panama rank for adequacy of benefits (%) -all social protection and labor -urban?
- Panama ranks 27th out of 36 countries with data for 2023.
- Is adequacy of benefits (%) -all social protection and labor -urban rising or falling in Panama?
- Over the last ten years it is down 6.0%. 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 (%) -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