Beneficiary incidence in 2nd quintile (%) - Domestic Private in Panama

Panama: Beneficiary incidence in 2nd quintile (%) - Domestic Private was 24.5% in 2023. ▼ Falling

Latest (2023)
24.5%
Change on year
up 5.2%
World rank
9th
of 31 countries
All-time high
30.3%
in 2012
All-time low
21.0%
in 2008
Years of data
14
2008–2023

Beneficiary incidence in 2nd quintile (%) - Domestic Private in Panama, 2008–2023

01020302008201520232008: 212009: 25.22010: 25.62011: 26.42012: 30.32013: 28.92014: 29.32015: 21.62016: 24.72017: 23.42018: 252019: 242021: 23.32023: 24.5

Source: ASPIRE.

Analysis

Panama recorded 24.5% for beneficiary incidence in 2nd quintile (%) - domestic private in 2023.

Compared with earlier readings it is up 5.2% on the previous year and down 15.4% over ten years.

Over the whole period, beneficiary incidence in 2nd quintile (%) - domestic private in Panama peaked at 30.3% in 2012 and was at its lowest, 21.0%, in 2008.

Panama ranks 9th of 31 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.

Beneficiary incidence in 2nd quintile (%) - Domestic Private in Panama, year by year

Annual values for Beneficiary incidence in 2nd quintile (%) - Domestic Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 21.0%
2009 25.2% +19.9%
2010 25.6% +1.3%
2011 26.4% +3.5%
2012 30.3% +14.7%
2013 28.9% -4.6%
2014 29.3% +1.4%
2015 21.6% -26.3%
2016 24.7% +14.4%
2017 23.4% -5.6%
2018 25.0% +6.9%
2019 24.0% -3.7%
2021 23.3% -3.3%
2023 24.5% +5.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.1% 21.0% 25.2% 2
2010s 25.9% 21.6% 30.3% 10
2020s 23.9% 23.3% 24.5% 2

Countries ranked near Panama

  1. 6 Chile 24.7% compare
  2. 7 Sri Lanka 24.6% compare
  3. 8 Argentina 24.5% compare
  4. 10 Costa Rica 23.9% compare
  5. 11 Brazil 23.8% compare
  6. 12 Dominican Republic 23.6% 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 2nd quintile (%) - domestic private in Panama?
Beneficiary incidence in 2nd quintile (%) - domestic private in Panama was 24.5% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 2nd quintile (%) - domestic private recorded in Panama?
The highest recorded value was 30.3% in 2012.
What is the lowest beneficiary incidence in 2nd quintile (%) - domestic private recorded in Panama?
The lowest recorded value was 21.0% in 2008.
How does Panama rank for beneficiary incidence in 2nd quintile (%) - domestic private?
Panama ranks 9th out of 31 countries with data for 2023.
Is beneficiary incidence in 2nd quintile (%) - domestic private rising or falling in Panama?
Over the last ten years it is down 15.4%. 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 Beneficiary incidence in 2nd quintile (%) - Domestic Private Transfers -urban. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 2nd quintile (%) - Domestic Private in Panama. Statizoid, drawing on ASPIRE. Retrieved 11 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-2nd-quintile-percent-domestic-private-transfers-urban/panama/

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About this data

Indicator
Beneficiary incidence in 2nd quintile (%) - Domestic Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 319 data points, 2003–2023
Last refreshed

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