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

Panama: Beneficiary incidence in 2nd quintile (%) - Domestic Private Transfers was 22.8% in 2023. ▼ Falling

Latest (2023)
22.8%
Change on year
down 6.4%
World rank
13th
of 31 countries
All-time high
30.7%
in 2014
All-time low
22.0%
in 2017
Years of data
14
2008–2023

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

01020302008201520232008: 24.12009: 24.42010: 24.22011: 24.62012: 28.12013: 28.82014: 30.72015: 242016: 23.72017: 222018: 24.52019: 23.82021: 24.32023: 22.8

Source: ASPIRE.

Analysis

In 2023, beneficiary incidence in 2nd quintile (%) - domestic private transfers in Panama stood at 22.8%.

The figure is down 6.4% on the previous year and down 21.0% over ten years.

Over the whole period, beneficiary incidence in 2nd quintile (%) - domestic private transfers in Panama peaked at 30.7% in 2014 and was at its lowest, 22.0%, in 2017.

Panama ranks 13th 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 Transfers in Panama, year by year

Annual values for Beneficiary incidence in 2nd quintile (%) - Domestic Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 24.1%
2009 24.4% +1.4%
2010 24.2% -0.6%
2011 24.6% +1.4%
2012 28.1% +14.1%
2013 28.8% +2.6%
2014 30.7% +6.7%
2015 24.0% -22.0%
2016 23.7% -1.2%
2017 22.0% -7.0%
2018 24.5% +11.5%
2019 23.8% -3.1%
2021 24.3% +2.3%
2023 22.8% -6.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.2% 24.1% 24.4% 2
2010s 25.4% 22.0% 30.7% 10
2020s 23.5% 22.8% 24.3% 2

Countries ranked near Panama

  1. 10 Dominican Republic 23.3% compare
  2. 11 El Salvador 23.0% compare
  3. 12 Mexico 22.9% compare
  4. 14 Costa Rica 22.6% compare
  5. 15 Burkina Faso 22.0% compare
  6. 16 Peru 21.9% 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 transfers in Panama?
Beneficiary incidence in 2nd quintile (%) - domestic private transfers in Panama was 22.8% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 2nd quintile (%) - domestic private transfers recorded in Panama?
The highest recorded value was 30.7% in 2014.
What is the lowest beneficiary incidence in 2nd quintile (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 22.0% in 2017.
How does Panama rank for beneficiary incidence in 2nd quintile (%) - domestic private transfers?
Panama ranks 13th out of 31 countries with data for 2023.
Is beneficiary incidence in 2nd quintile (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is down 21.0%. 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 Beneficiary incidence in 2nd quintile (%) - Domestic Private Transfers. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 2nd quintile (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 06 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-2nd-quintile-percent-domestic-private-transfers/panama/

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About this data

Indicator
Beneficiary incidence in 2nd quintile (%) - 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