Beneficiary incidence in 1st quintile (poorest) (%) - Domestic in Panama

Panama: Beneficiary incidence in 1st quintile (poorest) (%) - Domestic was 22.5% in 2023. ▲ Rising

Latest (2023)
22.5%
Change on year
up 3.8%
World rank
15th
of 31 countries
All-time high
22.5%
in 2023
All-time low
15.8%
in 2012
Years of data
14
2008–2023

Beneficiary incidence in 1st quintile (poorest) (%) - Domestic in Panama, 2008–2023

05101520252008201520232008: 20.62009: 172010: 19.52011: 20.32012: 15.82013: 16.82014: 16.62015: 20.12016: 202017: 20.62018: 20.62019: 20.92021: 21.72023: 22.5

Source: ASPIRE.

Analysis

Panama recorded 22.5% for beneficiary incidence in 1st quintile (poorest) (%) - domestic in 2023. That is the highest value across all 14 years on record.

That represents a change of up 3.8% on the previous year and up 34.1% over ten years.

Over the whole period, beneficiary incidence in 1st quintile (poorest) (%) - domestic in Panama peaked at 22.5% in 2023 and was at its lowest, 15.8%, in 2012.

Panama ranks 15th of 31 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.

Beneficiary incidence in 1st quintile (poorest) (%) - Domestic in Panama, year by year

Annual values for Beneficiary incidence in 1st quintile (poorest) (%) - Domestic Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 20.6%
2009 17.0% -17.4%
2010 19.5% +14.4%
2011 20.3% +4.4%
2012 15.8% -22.3%
2013 16.8% +6.1%
2014 16.6% -1.3%
2015 20.1% +21.6%
2016 20.0% -0.7%
2017 20.6% +3.1%
2018 20.6% -0.2%
2019 20.9% +1.5%
2021 21.7% +3.7%
2023 22.5% +3.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.8% 17.0% 20.6% 2
2010s 19.1% 15.8% 20.9% 10
2020s 22.1% 21.7% 22.5% 2

Countries ranked near Panama

  1. 12 Dominican Republic 24.6% compare
  2. 13 Bolivia, Plurinational State of 23.6% compare
  3. 14 Georgia 23.1% compare
  4. 16 Türkiye 22.5% compare
  5. 17 El Salvador 22.5% compare
  6. 18 Belarus 20.4% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is beneficiary incidence in 1st quintile (poorest) (%) - domestic in Panama?
Beneficiary incidence in 1st quintile (poorest) (%) - domestic in Panama was 22.5% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 1st quintile (poorest) (%) - domestic recorded in Panama?
The highest recorded value was 22.5% in 2023.
What is the lowest beneficiary incidence in 1st quintile (poorest) (%) - domestic recorded in Panama?
The lowest recorded value was 15.8% in 2012.
How does Panama rank for beneficiary incidence in 1st quintile (poorest) (%) - domestic?
Panama ranks 15th out of 31 countries with data for 2023.
Is beneficiary incidence in 1st quintile (poorest) (%) - domestic rising or falling in Panama?
Over the last ten years it is up 34.1%. 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 Beneficiary incidence in 1st quintile (poorest) (%) - Domestic Private Transfers. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 1st quintile (poorest) (%) - Domestic in Panama. Statizoid, drawing on ASPIRE. Retrieved 10 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-1st-quintile-poorest-percent-domestic-private-transfers/panama/

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About this data

Indicator
Beneficiary incidence in 1st quintile (poorest) (%) - Domestic Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 321 data points, 2003–2023
Last refreshed

Percentage of program beneficiaries in a quintile relative to the total number of beneficiaries in the population