Benefit-cost ratio - All Social Insurance -1st quintile in Panama
Panama: Benefit-cost ratio - All Social Insurance -1st quintile was 0.0502 poorest in 2023. ▲ Rising
Benefit-cost ratio - All Social Insurance -1st quintile in Panama, 2008–2023
Source: ASPIRE. Measured in poorest.
Analysis
Panama recorded 0.0502 poorest for benefit-cost ratio - all social insurance -1st quintile in 2023.
That represents a change of up 19.9% on the previous year and up 54.7% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -1st quintile in Panama peaked at 0.0511 poorest in 2018 and was at its lowest, 0.0295 poorest, in 2008.
Panama ranks 26th of 34 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Benefit-cost ratio - All Social Insurance -1st quintile in Panama, year by year
| Year | poorest | Change |
|---|---|---|
| 2008 | 0.0295 poorest | — |
| 2009 | 0.0362 poorest | +22.6% |
| 2010 | 0.0328 poorest | -9.5% |
| 2011 | 0.044 poorest | +34.3% |
| 2012 | 0.0401 poorest | -9.0% |
| 2013 | 0.0324 poorest | -19.1% |
| 2014 | 0.0424 poorest | +30.8% |
| 2015 | 0.0447 poorest | +5.4% |
| 2016 | 0.0381 poorest | -14.6% |
| 2017 | 0.0475 poorest | +24.5% |
| 2018 | 0.0511 poorest | +7.7% |
| 2019 | 0.0455 poorest | -11.1% |
| 2021 | 0.0418 poorest | -8.0% |
| 2023 | 0.0502 poorest | +19.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0329 poorest | 0.0295 poorest | 0.0362 poorest | 2 |
| 2010s | 0.0419 poorest | 0.0324 poorest | 0.0511 poorest | 10 |
| 2020s | 0.046 poorest | 0.0418 poorest | 0.0502 poorest | 2 |
Countries ranked near Panama
- 23 Dominican Republic 0.0861 poorest compare
- 24 Costa Rica 0.0642 poorest compare
- 25 Mexico 0.0526 poorest compare
- 27 Peru 0.0496 poorest compare
- 28 South Africa 0.0439 poorest compare
- 29 Bolivia, Plurinational State of 0.035 poorest compare
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 in Panama?
- Benefit-cost ratio - all social insurance -1st quintile in Panama was 0.0502 poorest in 2023, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -1st quintile recorded in Panama?
- The highest recorded value was 0.0511 poorest in 2018.
- What is the lowest benefit-cost ratio - all social insurance -1st quintile recorded in Panama?
- The lowest recorded value was 0.0295 poorest in 2008.
- How does Panama rank for benefit-cost ratio - all social insurance -1st quintile?
- Panama ranks 26th out of 34 countries with data for 2023.
- Is benefit-cost ratio - all social insurance -1st quintile rising or falling in Panama?
- Over the last ten years it is up 54.7%. 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). 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 (%)