Beneficiary incidence in 5th quintile (richest) (%) - All Social in Panama

Panama: Beneficiary incidence in 5th quintile (richest) (%) - All Social was 8.7% in 2023. ▲ Rising

Latest (2023)
8.7%
Change on year
down 24.5%
World rank
23rd
of 39 countries
All-time high
11.6%
in 2021
All-time low
3.9%
in 2009
Years of data
14
2008–2023

Beneficiary incidence in 5th quintile (richest) (%) - All Social in Panama, 2008–2023

46810122008201520232008: 5.82009: 3.92010: 4.62011: 4.82012: 5.62013: 6.92014: 6.42015: 7.22016: 7.12017: 7.42018: 9.52019: 9.62021: 11.62023: 8.7

Source: ASPIRE.

Analysis

The most recent figure for beneficiary incidence in 5th quintile (richest) (%) - all social in Panama is 8.7%, measured in 2023.

That represents a change of down 24.5% on the previous year and up 26.0% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) - all social in Panama peaked at 11.6% in 2021 and was at its lowest, 3.9%, in 2009.

Panama ranks 23rd of 39 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 5th quintile (richest) (%) - All Social in Panama, year by year

Annual values for Beneficiary incidence in 5th quintile (richest) (%) - All Social Assistance -urban in Panama, 2008 to 2023.
Year Value Change
2008 5.8%
2009 3.9% -32.9%
2010 4.6% +19.0%
2011 4.8% +5.2%
2012 5.6% +15.0%
2013 6.9% +24.8%
2014 6.4% -7.5%
2015 7.2% +11.9%
2016 7.1% -1.3%
2017 7.4% +4.0%
2018 9.5% +28.8%
2019 9.6% +0.9%
2021 11.6% +20.9%
2023 8.7% -24.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.8% 3.9% 5.8% 2
2010s 6.9% 4.6% 9.6% 10
2020s 10.2% 8.7% 11.6% 2

Countries ranked near Panama

  1. 20 Uruguay 10.8% compare
  2. 21 Republic of Moldova 10.1% compare
  3. 22 Dominican Republic 9.7% compare
  4. 24 Malawi 8.5% compare
  5. 25 South Africa 7.4% compare
  6. 26 Honduras 7.0% compare

See the full ranking of 39 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is beneficiary incidence in 5th quintile (richest) (%) - all social in Panama?
Beneficiary incidence in 5th quintile (richest) (%) - all social in Panama was 8.7% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 5th quintile (richest) (%) - all social recorded in Panama?
The highest recorded value was 11.6% in 2021.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) - all social recorded in Panama?
The lowest recorded value was 3.9% in 2009.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) - all social?
Panama ranks 23rd out of 39 countries with data for 2023.
Is beneficiary incidence in 5th quintile (richest) (%) - all social rising or falling in Panama?
Over the last ten years it is up 26.0%. 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 5th quintile (richest) (%) - All Social Assistance -urban. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 5th quintile (richest) (%) - All Social in Panama. Statizoid, drawing on ASPIRE. Retrieved 13 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-5th-quintile-richest-percent-all-social-assistance-urban/panama/

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About this data

Indicator
Beneficiary incidence in 5th quintile (richest) (%) - All Social Assistance -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 390 data points, 2002–2023
Last refreshed

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