Benefit-cost ratio: All Social Protection … rural Protection in Panama
Panama: Benefit-cost ratio: All Social Protection … rural Protection was 0.1594 in 2023. ▲ Rising
Benefit-cost ratio - All Social Protection and Labor -1st quintile in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 0.1594 for benefit-cost ratio - all social protection and labor -1st quintile in 2023.
The figure is up 2.1% on the previous year and up 39.5% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor -1st quintile in Panama peaked at 0.1906 in 2015 and was at its lowest, 0.0567, in 2008.
That places Panama 31st out of 36 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Benefit-cost ratio: All Social Protection … rural Protection in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.0567 | — |
| 2009 | 0.1327 | +134.2% |
| 2010 | 0.1262 | -4.9% |
| 2011 | 0.1199 | -5.0% |
| 2012 | 0.1155 | -3.7% |
| 2013 | 0.1142 | -1.1% |
| 2014 | 0.1094 | -4.3% |
| 2015 | 0.1906 | +74.2% |
| 2016 | 0.1758 | -7.8% |
| 2017 | 0.1889 | +7.5% |
| 2018 | 0.1704 | -9.8% |
| 2019 | 0.168 | -1.4% |
| 2021 | 0.1562 | -7.0% |
| 2023 | 0.1594 | +2.1% |
Panama compared with similar countries
- Panama's 0.1594 is below the median for high income countries, which is 0.3189, 50% of the median. (6 countries reporting)
- Panama's 0.1594 is below the median for Latin America & Caribbean, which is 0.1933, 82% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where Benefit-cost ratio: All Social Protection … rural Protection in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +134.2% | 0.0567 | 0.1327 |
| 2015 | +74.2% | 0.1094 | 0.1906 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0947 | 0.0567 | 0.1327 | 2 |
| 2010s | 0.1479 | 0.1094 | 0.1906 | 10 |
| 2020s | 0.1578 | 0.1562 | 0.1594 | 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 protection and labor -1st quintile in Panama?
- Benefit-cost ratio - all social protection and labor -1st quintile in Panama was 0.1594 in 2023, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor -1st quintile recorded in Panama?
- The highest recorded value was 0.1906 in 2015.
- What is the lowest benefit-cost ratio - all social protection and labor -1st quintile recorded in Panama?
- The lowest recorded value was 0.0567 in 2008.
- How does Panama rank for benefit-cost ratio - all social protection and labor -1st quintile?
- Panama ranks 31st out of 36 countries with data for 2023.
- Is benefit-cost ratio - all social protection and labor -1st quintile rising or falling in Panama?
- Over the last ten years it is up 39.5%. 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 Benefit-cost ratio - All Social Protection and Labor -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
Download this data
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 SPL programs (%)