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

Panama: Beneficiary incidence in 5th quintile (richest) (%) - All Social was 26.9% in 2023. ▼ Falling

Latest (2023)
26.9%
Change on year
down 2.4%
World rank
19th
of 37 countries
All-time high
30.9%
in 2013
All-time low
25.7%
in 2019
Years of data
14
2008–2023

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

01020302008201520232008: 29.92009: 28.92010: 29.22011: 28.42012: 29.62013: 30.92014: 282015: 282016: 28.22017: 27.12018: 26.62019: 25.72021: 27.52023: 26.9

Source: ASPIRE.

Analysis

The most recent figure for beneficiary incidence in 5th quintile (richest) (%) - all social in Panama is 26.9%, measured in 2023.

That represents a change of down 2.4% on the previous year and down 12.9% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) - all social in Panama peaked at 30.9% in 2013 and was at its lowest, 25.7%, in 2019.

That places Panama 19th out of 37 countries with data for 2023, putting it 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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 29.9%
2009 28.9% -3.5%
2010 29.2% +1.3%
2011 28.4% -2.8%
2012 29.6% +4.1%
2013 30.9% +4.4%
2014 28.0% -9.3%
2015 28.0% -0.1%
2016 28.2% +0.7%
2017 27.1% -3.6%
2018 26.6% -2.1%
2019 25.7% -3.4%
2021 27.5% +7.3%
2023 26.9% -2.4%

Panama compared with similar countries

  • Panama's 26.9% is above the median for high income countries, which is 18.8%, 1.4× the median. (7 countries reporting)
  • Panama's 26.9% is below the median for Latin America & Caribbean, which is 36.6%, 74% of the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 29.4% 28.9% 29.9% 2
2010s 28.2% 25.7% 30.9% 10
2020s 27.2% 26.9% 27.5% 2

Countries ranked near Panama

  1. 16 Mexico 30.6% compare
  2. 17 Costa Rica 29.3% compare
  3. 18 Brazil 27.9% compare
  4. 20 Kazakhstan 25.0% compare
  5. 21 Argentina 23.4% compare
  6. 22 Uruguay 23.0% 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 26.9% 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 30.9% in 2013.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) - all social recorded in Panama?
The lowest recorded value was 25.7% in 2019.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) - all social?
Panama ranks 19th 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 12.9%. 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 -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 14 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-5th-quintile-richest-percent-all-social-insurance-urban/panama/

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About this data

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