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

Panama: Beneficiary incidence in 5th quintile (richest) (%) -All Social was 15.0% in 2023. ▬ Flat

Latest (2023)
15.0%
Change on year
down 6.6%
World rank
27th
of 39 countries
All-time high
16.1%
in 2021
All-time low
13.5%
in 2016
Years of data
14
2008–2023

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

0510152008201520232008: 15.52009: 13.82010: 14.62011: 14.32012: 14.12013: 15.62014: 14.62015: 13.62016: 13.52017: 142018: 14.92019: 152021: 16.12023: 15

Source: ASPIRE.

Analysis

In 2023, beneficiary incidence in 5th quintile (richest) (%) -all social in Panama stood at 15.0%.

Compared with earlier readings it is down 6.6% on the previous year and down 3.7% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) -all social in Panama peaked at 16.1% in 2021 and was at its lowest, 13.5%, in 2016.

That places Panama 27th out of 39 countries with data for 2023, putting it in the middle of the range.

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

Annual values for Beneficiary incidence in 5th quintile (richest) (%) -All Social Protection and Labor -urban in Panama, 2008 to 2023.
Year Value Change
2008 15.5%
2009 13.8% -10.8%
2010 14.6% +5.8%
2011 14.3% -2.4%
2012 14.1% -0.9%
2013 15.6% +10.1%
2014 14.6% -6.5%
2015 13.6% -6.4%
2016 13.5% -0.8%
2017 14.0% +3.5%
2018 14.9% +6.3%
2019 15.0% +0.6%
2021 16.1% +7.3%
2023 15.0% -6.6%

Panama compared with similar countries

  • Panama's 15.0% is above the median for high income countries, which is 15.0%, 1.0× the median. (7 countries reporting)
  • Panama's 15.0% is below the median for Latin America & Caribbean, which is 15.7%, 96% of the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.6% 13.8% 15.5% 2
2010s 14.4% 13.5% 15.6% 10
2020s 15.5% 15.0% 16.1% 2

Countries ranked near Panama

  1. 24 Honduras 15.7% compare
  2. 25 Russian Federation 15.7% compare
  3. 26 Serbia 15.1% compare
  4. 28 Costa Rica 14.9% compare
  5. 29 Romania 14.9% compare
  6. 30 Peru 14.9% 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 15.0% 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 16.1% in 2021.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) -all social recorded in Panama?
The lowest recorded value was 13.5% in 2016.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) -all social?
Panama ranks 27th 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 down 3.7%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Beneficiary incidence in 5th quintile (richest) (%) -All Social Protection and Labor -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-protection-and-labor-5/panama/

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About this data

Indicator
Beneficiary incidence in 5th quintile (richest) (%) -All Social Protection and Labor -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