Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Panama
Panama: Benefit-cost ratio - All Social Protection and Labor - 1st quintile was 0.1449 in 2023. ▲ Rising
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 0.1449 for benefit-cost ratio - all social protection and labor - 1st quintile in 2023.
The figure is down 21.3% on the previous year and up 44.9% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor - 1st quintile in Panama peaked at 0.1841 in 2021 and was at its lowest, 0.0605, in 2008.
That places Panama 25th out of 36 countries with data for 2023, putting it 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 Protection and Labor - 1st quintile in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.0605 | — |
| 2009 | 0.0979 | +61.8% |
| 2010 | 0.1017 | +3.9% |
| 2011 | 0.111 | +9.1% |
| 2012 | 0.1097 | -1.1% |
| 2013 | 0.1 | -8.8% |
| 2014 | 0.1127 | +12.6% |
| 2015 | 0.1472 | +30.6% |
| 2016 | 0.1358 | -7.7% |
| 2017 | 0.146 | +7.5% |
| 2018 | 0.1476 | +1.1% |
| 2019 | 0.1366 | -7.4% |
| 2021 | 0.1841 | +34.8% |
| 2023 | 0.1449 | -21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0792 | 0.0605 | 0.0979 | 2 |
| 2010s | 0.1248 | 0.1 | 0.1476 | 10 |
| 2020s | 0.1645 | 0.1449 | 0.1841 | 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 0.1449 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 0.1841 in 2021.
- What is the lowest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Panama?
- The lowest recorded value was 0.0605 in 2008.
- How does Panama rank for benefit-cost ratio - all social protection and labor - 1st quintile?
- Panama ranks 25th 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 44.9%. 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) -urban. 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 (%)