Beneficiary incidence in 3rd quintile (%) - Domestic Private Transfers in Panama

Panama: Beneficiary incidence in 3rd quintile (%) - Domestic Private Transfers was 24.1% in 2023. ▼ Falling

Latest (2023)
24.1%
Change on year
up 16.5%
World rank
1st
of 31 countries
All-time high
28.6%
in 2012
All-time low
19.6%
in 2008
Years of data
14
2008–2023

Beneficiary incidence in 3rd quintile (%) - Domestic Private Transfers in Panama, 2008–2023

01020302008201520232008: 19.62009: 25.72010: 25.52011: 24.82012: 28.62013: 26.92014: 24.72015: 21.62016: 23.72017: 23.42018: 22.92019: 23.32021: 20.72023: 24.1

Source: ASPIRE.

Analysis

Panama recorded 24.1% for beneficiary incidence in 3rd quintile (%) - domestic private transfers in 2023.

Compared with earlier readings it is up 16.5% on the previous year and down 10.7% over ten years.

Over the whole period, beneficiary incidence in 3rd quintile (%) - domestic private transfers in Panama peaked at 28.6% in 2012 and was at its lowest, 19.6%, in 2008.

That places Panama 1st out of 31 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently falling across the 14 years of available data.

Beneficiary incidence in 3rd quintile (%) - Domestic Private Transfers in Panama, year by year

Annual values for Beneficiary incidence in 3rd quintile (%) - Domestic Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 19.6%
2009 25.7% +30.9%
2010 25.5% -0.8%
2011 24.8% -2.7%
2012 28.6% +15.5%
2013 26.9% -5.8%
2014 24.7% -8.5%
2015 21.6% -12.6%
2016 23.7% +9.8%
2017 23.4% -1.2%
2018 22.9% -2.1%
2019 23.3% +1.9%
2021 20.7% -11.4%
2023 24.1% +16.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.6% 19.6% 25.7% 2
2010s 24.5% 21.6% 28.6% 10
2020s 22.4% 20.7% 24.1% 2

Countries ranked near Panama

  1. 2 Burkina Faso 22.5% compare
  2. 3 Peru 22.4% compare
  3. 4 Paraguay 22.3% 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 3rd quintile (%) - domestic private transfers in Panama?
Beneficiary incidence in 3rd quintile (%) - domestic private transfers in Panama was 24.1% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 3rd quintile (%) - domestic private transfers recorded in Panama?
The highest recorded value was 28.6% in 2012.
What is the lowest beneficiary incidence in 3rd quintile (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 19.6% in 2008.
How does Panama rank for beneficiary incidence in 3rd quintile (%) - domestic private transfers?
Panama ranks 1st out of 31 countries with data for 2023.
Is beneficiary incidence in 3rd quintile (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is down 10.7%. 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 3rd quintile (%) - Domestic Private Transfers. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 3rd quintile (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-3rd-quintile-percent-domestic-private-transfers/panama/

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About this data

Indicator
Beneficiary incidence in 3rd 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