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

Panama: Beneficiary incidence in 5th quintile (richest) (%) - All Social was 9.6% in 2023. ▲ Rising

Latest (2023)
9.6%
Change on year
down 22.2%
World rank
24th
of 39 countries
All-time high
12.4%
in 2021
All-time low
5.5%
in 2009
Years of data
14
2008–2023

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

02.557.51012.52008201520232008: 6.22009: 5.52010: 5.62011: 6.12012: 6.42013: 72014: 6.62015: 7.82016: 7.22017: 8.52018: 9.82019: 9.72021: 12.42023: 9.6

Source: ASPIRE.

Analysis

In 2023, beneficiary incidence in 5th quintile (richest) (%) - all social in Panama stood at 9.6%.

That represents a change of down 22.2% on the previous year and up 38.2% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) - all social in Panama peaked at 12.4% in 2021 and was at its lowest, 5.5%, in 2009.

Panama ranks 24th 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 in Panama, 2008 to 2023.
Year Value Change
2008 6.2%
2009 5.5% -11.1%
2010 5.6% +2.1%
2011 6.1% +8.4%
2012 6.4% +5.8%
2013 7.0% +8.0%
2014 6.6% -4.6%
2015 7.8% +17.7%
2016 7.2% -8.1%
2017 8.5% +17.9%
2018 9.8% +16.3%
2019 9.7% -0.9%
2021 12.4% +26.8%
2023 9.6% -22.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.9% 5.5% 6.2% 2
2010s 7.5% 5.6% 9.8% 10
2020s 11.0% 9.6% 12.4% 2

Countries ranked near Panama

  1. 21 Uruguay 10.8% compare
  2. 22 Republic of Moldova 10.5% compare
  3. 23 Dominican Republic 10.3% compare
  4. 25 South Africa 8.8% compare
  5. 26 Sri Lanka 7.8% compare
  6. 27 Kyrgyzstan 7.5% 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 9.6% 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 12.4% in 2021.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) - all social recorded in Panama?
The lowest recorded value was 5.5% in 2009.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) - all social?
Panama ranks 24th 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 38.2%. 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. 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 08 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-5th-quintile-richest-percent-all-social-assistance/panama/

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About this data

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