Beneficiary incidence in 3rd quintile (%) - Social Pensions in Panama

Panama: Beneficiary incidence in 3rd quintile (%) - Social Pensions was 23.2% in 2023. ▼ Falling

Latest (2023)
23.2%
Change on year
up 2.0%
World rank
7th
of 25 countries
All-time high
27.9%
in 2014
All-time low
19.7%
in 2019
Years of data
11
2011–2023

Beneficiary incidence in 3rd quintile (%) - Social Pensions in Panama, 2011–2023

01020302011201720232011: 21.42012: 25.42013: 26.32014: 27.92015: 24.22016: 22.12017: 20.72018: 23.72019: 19.72021: 22.72023: 23.2

Source: ASPIRE.

Analysis

The most recent figure for beneficiary incidence in 3rd quintile (%) - social pensions in Panama is 23.2%, measured in 2023.

The figure is up 2.0% on the previous year and down 11.6% over ten years.

Over the whole period, beneficiary incidence in 3rd quintile (%) - social pensions in Panama peaked at 27.9% in 2014 and was at its lowest, 19.7%, in 2019.

That places Panama 7th out of 25 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Beneficiary incidence in 3rd quintile (%) - Social Pensions in Panama, year by year

Annual values for Beneficiary incidence in 3rd quintile (%) - Social Pensions in Panama, 2011 to 2023.
Year Value Change
2011 21.4%
2012 25.4% +18.4%
2013 26.3% +3.4%
2014 27.9% +6.1%
2015 24.2% -13.0%
2016 22.1% -8.7%
2017 20.7% -6.3%
2018 23.7% +14.4%
2019 19.7% -17.0%
2021 22.7% +15.5%
2023 23.2% +2.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 23.5% 19.7% 27.9% 9
2020s 23.0% 22.7% 23.2% 2

Countries ranked near Panama

  1. 4 Costa Rica 24.8% compare
  2. 5 Paraguay 24.7% compare
  3. 6 South Africa 24.7% compare
  4. 8 Colombia 22.6% compare
  5. 9 Poland 21.8% compare
  6. 10 Thailand 21.6% compare

See the full ranking of 25 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is beneficiary incidence in 3rd quintile (%) - social pensions in Panama?
Beneficiary incidence in 3rd quintile (%) - social pensions in Panama was 23.2% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 3rd quintile (%) - social pensions recorded in Panama?
The highest recorded value was 27.9% in 2014.
What is the lowest beneficiary incidence in 3rd quintile (%) - social pensions recorded in Panama?
The lowest recorded value was 19.7% in 2019.
How does Panama rank for beneficiary incidence in 3rd quintile (%) - social pensions?
Panama ranks 7th out of 25 countries with data for 2023.
Is beneficiary incidence in 3rd quintile (%) - social pensions rising or falling in Panama?
Over the last ten years it is down 11.6%. 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 (%) - Social Pensions. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 3rd quintile (%) - Social Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 27 August 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-3rd-quintile-percent-social-pensions/panama/

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About this data

Indicator
Beneficiary incidence in 3rd quintile (%) - Social Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
25 places, 222 data points, 2004–2023
Last refreshed

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