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

Panama: Beneficiary incidence in 5th quintile (richest) (%) - All Social was 26.0% in 2023. ▼ Falling

Latest (2023)
26.0%
Change on year
down 4.2%
World rank
16th
of 37 countries
All-time high
29.8%
in 2016
All-time low
25.3%
in 2019
Years of data
14
2008–2023

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

01020302008201520232008: 29.2 preT2009: 28.5 preT2010: 29.1 preT2011: 26.4 preT2012: 27.7 preT2013: 29.6 preT2014: 28.1 preT2015: 28.5 preT2016: 29.8 preT2017: 26.3 preT2018: 25.5 preT2019: 25.3 preT2021: 27.1 preT2023: 26 preT

Source: ASPIRE. Measured in preT.

Analysis

The most recent figure for beneficiary incidence in 5th quintile (richest) (%) - all social in Panama is 26.0%, measured in 2023.

The figure is down 4.2% on the previous year and down 12.3% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) - all social in Panama peaked at 29.8% in 2016 and was at its lowest, 25.3%, in 2019.

Panama ranks 16th of 37 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 5th quintile (richest) (%) - All Social in Panama, year by year

Annual values for Beneficiary incidence in 5th quintile (richest) (%) - All Social Insurance (preT) in Panama, 2008 to 2023.
Year preT Change
2008 29.2%
2009 28.5% -2.3%
2010 29.1% +2.1%
2011 26.4% -9.3%
2012 27.7% +4.9%
2013 29.6% +7.1%
2014 28.1% -5.4%
2015 28.5% +1.5%
2016 29.8% +4.7%
2017 26.3% -11.8%
2018 25.5% -3.1%
2019 25.3% -0.8%
2021 27.1% +7.3%
2023 26.0% -4.2%

Panama compared with similar countries

  • Panama's 26.0% is above the median for high income countries, which is 13.4%, 1.9× the median. (7 countries reporting)
  • Panama's 26.0% is below the median for Latin America & Caribbean, which is 28.4%, 92% of the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.9% 28.5% 29.2% 2
2010s 27.6% 25.3% 29.8% 10
2020s 26.6% 26.0% 27.1% 2

Countries ranked near Panama

  1. 13 Dominican Republic 28.4% compare
  2. 14 Pakistan 27.2% compare
  3. 15 Mexico 26.2% compare
  4. 17 Costa Rica 24.6% compare
  5. 18 Brazil 22.4% compare
  6. 19 Thailand 19.5% compare

See the full ranking of 37 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 26.0% 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 29.8% in 2016.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) - all social recorded in Panama?
The lowest recorded value was 25.3% in 2019.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) - all social?
Panama ranks 16th out of 37 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 down 12.3%. 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 5th quintile (richest) (%) - All Social Insurance (preT). 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 14 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-5th-quintile-richest-percent-all-social-insurance-pret/panama/

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About this data

Indicator
Beneficiary incidence in 5th quintile (richest) (%) - All Social Insurance (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 369 data points, 2002–2023
Last refreshed

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