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

Panama: Beneficiary incidence in 5th quintile (richest) (%) - Domestic was 12.7% in 2023. ▲ Rising

Latest (2023)
12.7%
Change on year
down 16.7%
World rank
23rd
of 31 countries
All-time high
15.2%
in 2021
All-time low
6.5%
in 2012
Years of data
14
2008–2023

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

0510152008201520232008: 13.32009: 8.42010: 9.72011: 8.32012: 6.52013: 7.82014: 7.42015: 13.12016: 12.22017: 12.62018: 11.92019: 11.32021: 15.22023: 12.7

Source: ASPIRE.

Analysis

In 2023, beneficiary incidence in 5th quintile (richest) (%) - domestic in Panama stood at 12.7%.

The figure is down 16.7% on the previous year and up 62.5% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) - domestic in Panama peaked at 15.2% in 2021 and was at its lowest, 6.5%, in 2012.

Panama ranks 23rd of 31 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) (%) - Domestic in Panama, year by year

Annual values for Beneficiary incidence in 5th quintile (richest) (%) - Domestic Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 13.3%
2009 8.4% -37.2%
2010 9.7% +16.1%
2011 8.3% -14.1%
2012 6.5% -21.6%
2013 7.8% +19.5%
2014 7.4% -5.5%
2015 13.1% +77.7%
2016 12.2% -6.8%
2017 12.6% +3.1%
2018 11.9% -5.0%
2019 11.3% -5.5%
2021 15.2% +34.8%
2023 12.7% -16.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.8% 8.4% 13.3% 2
2010s 10.1% 6.5% 13.1% 10
2020s 13.9% 12.7% 15.2% 2

Countries ranked near Panama

  1. 20 Peru 13.3% compare
  2. 21 El Salvador 13.3% compare
  3. 22 Paraguay 13.0% compare
  4. 24 Brazil 12.7% compare
  5. 25 Thailand 12.6% compare
  6. 26 Mexico 12.1% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is beneficiary incidence in 5th quintile (richest) (%) - domestic in Panama?
Beneficiary incidence in 5th quintile (richest) (%) - domestic in Panama was 12.7% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 5th quintile (richest) (%) - domestic recorded in Panama?
The highest recorded value was 15.2% in 2021.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) - domestic recorded in Panama?
The lowest recorded value was 6.5% in 2012.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) - domestic?
Panama ranks 23rd out of 31 countries with data for 2023.
Is beneficiary incidence in 5th quintile (richest) (%) - domestic rising or falling in Panama?
Over the last ten years it is up 62.5%. 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) (%) - Domestic Private Transfers -urban. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 5th quintile (richest) (%) - Domestic in Panama. Statizoid, drawing on ASPIRE. Retrieved 13 September 2026, from https://labour.statizoid.com/stat/beneficiary-incidence-in-5th-quintile-richest-percent-domestic-private-transfers-urban/panama/

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About this data

Indicator
Beneficiary incidence in 5th quintile (richest) (%) - Domestic Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 319 data points, 2003–2023
Last refreshed

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