Adequacy of benefits (%) - Domestic Private Transfers in Panama
Panama: Adequacy of benefits (%) - Domestic Private Transfers was 10.6% in 2023. ▲ Rising
Adequacy of benefits (%) - Domestic Private Transfers in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 10.6% for adequacy of benefits (%) - domestic private transfers in 2023.
The figure is down 4.7% on the previous year and up 6.1% over ten years.
Over the whole period, adequacy of benefits (%) - domestic private transfers in Panama peaked at 14.2% in 2016 and was at its lowest, 10.0%, in 2009.
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 (%) - Domestic Private Transfers in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 10.5% | — |
| 2009 | 10.0% | -5.0% |
| 2010 | 10.6% | +6.1% |
| 2011 | 11.3% | +7.2% |
| 2012 | 10.2% | -10.0% |
| 2013 | 10.0% | -1.7% |
| 2014 | 10.4% | +4.1% |
| 2015 | 13.4% | +28.6% |
| 2016 | 14.2% | +5.7% |
| 2017 | 12.9% | -9.5% |
| 2018 | 12.2% | -4.7% |
| 2019 | 12.3% | +0.7% |
| 2021 | 11.2% | -9.5% |
| 2023 | 10.6% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.2% | 10.0% | 10.5% | 2 |
| 2010s | 11.8% | 10.0% | 14.2% | 10 |
| 2020s | 10.9% | 10.6% | 11.2% | 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 (%) - domestic private transfers in Panama?
- Adequacy of benefits (%) - domestic private transfers in Panama was 10.6% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits (%) - domestic private transfers recorded in Panama?
- The highest recorded value was 14.2% in 2016.
- What is the lowest adequacy of benefits (%) - domestic private transfers recorded in Panama?
- The lowest recorded value was 10.0% in 2009.
- How does Panama rank for adequacy of benefits (%) - domestic private transfers?
- Panama ranks 28th out of 31 countries with data for 2023.
- Is adequacy of benefits (%) - domestic private transfers rising or falling in Panama?
- Over the last ten years it is up 6.1%. 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 (%) - Domestic Private Transfers. 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