Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Panama
Panama: Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) was 0.0907 in 2023. ▲ Rising
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 0.0907 for benefit-cost ratio - all social insurance - 1st quintile (poorest) in 2023.
That represents a change of up 15.2% on the previous year and up 24.3% over ten years.
Over the whole period, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Panama peaked at 0.0927 in 2018 and was at its lowest, 0.0598, in 2008.
Panama ranks 22nd of 34 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.
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.0598 | — |
| 2009 | 0.0756 | +26.4% |
| 2010 | 0.0766 | +1.3% |
| 2011 | 0.0863 | +12.7% |
| 2012 | 0.081 | -6.2% |
| 2013 | 0.073 | -9.9% |
| 2014 | 0.0832 | +13.9% |
| 2015 | 0.0922 | +10.8% |
| 2016 | 0.0816 | -11.5% |
| 2017 | 0.0913 | +11.9% |
| 2018 | 0.0927 | +1.5% |
| 2019 | 0.0857 | -7.6% |
| 2021 | 0.0788 | -8.1% |
| 2023 | 0.0907 | +15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0677 | 0.0598 | 0.0756 | 2 |
| 2010s | 0.0844 | 0.073 | 0.0927 | 10 |
| 2020s | 0.0847 | 0.0788 | 0.0907 | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social insurance - 1st quintile (poorest) in Panama?
- Benefit-cost ratio - all social insurance - 1st quintile (poorest) in Panama was 0.0907 in 2023, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Panama?
- The highest recorded value was 0.0927 in 2018.
- What is the lowest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Panama?
- The lowest recorded value was 0.0598 in 2008.
- How does Panama rank for benefit-cost ratio - all social insurance - 1st quintile (poorest)?
- Panama ranks 22nd out of 34 countries with data for 2023.
- Is benefit-cost ratio - all social insurance - 1st quintile (poorest) rising or falling in Panama?
- Over the last ten years it is up 24.3%. 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 Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)