Benefit incidence of social protection and labor programs to poorest in Panama
Panama: Benefit incidence of social protection and labor programs to poorest was 7.4% in 2023. ▲ Rising
Benefit incidence of social protection and labor programs to poorest in Panama, 2008–2023
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of total SPL benefits.
Analysis
The most recent figure for benefit incidence of social protection and labor programs to poorest in Panama is 7.4%, measured in 2023.
Compared with earlier readings it is down 3.4% on the previous year and up 45.5% over ten years.
Over the whole period, benefit incidence of social protection and labor programs to poorest in Panama peaked at 8.9% in 2017 and was at its lowest, 1.4%, in 2008.
That places Panama 25th out of 37 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 incidence of social protection and labor programs to poorest in Panama, year by year
| Year | % of total SPL benefits | Change |
|---|---|---|
| 2008 | 1.4% | — |
| 2009 | 5.0% | +257.4% |
| 2010 | 5.2% | +5.5% |
| 2011 | 5.4% | +3.2% |
| 2012 | 5.3% | -1.6% |
| 2013 | 5.1% | -4.8% |
| 2014 | 5.7% | +13.1% |
| 2015 | 8.6% | +49.8% |
| 2016 | 8.0% | -7.2% |
| 2017 | 8.9% | +11.7% |
| 2018 | 8.4% | -5.7% |
| 2019 | 7.9% | -5.2% |
| 2021 | 7.6% | -4.0% |
| 2023 | 7.4% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | 1.4% | 5.0% | 2 |
| 2010s | 6.9% | 5.1% | 8.9% | 10 |
| 2020s | 7.5% | 7.4% | 7.6% | 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 incidence of social protection and labor programs to poorest in Panama?
- Benefit incidence of social protection and labor programs to poorest in Panama was 7.4% in 2023, according to ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB).
- What is the highest benefit incidence of social protection and labor programs to poorest recorded in Panama?
- The highest recorded value was 8.9% in 2017.
- What is the lowest benefit incidence of social protection and labor programs to poorest recorded in Panama?
- The lowest recorded value was 1.4% in 2008.
- How does Panama rank for benefit incidence of social protection and labor programs to poorest?
- Panama ranks 25th out of 37 countries with data for 2023.
- Is benefit incidence of social protection and labor programs to poorest rising or falling in Panama?
- Over the last ten years it is up 45.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB), published as part of Benefit incidence of social protection and labor programs to poorest quintile (% of total SPL benefits). 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
Benefit incidence of social protection and labor programs (SPL) to poorest quintile shows the percentage of total social protection and labor programs benefits received by the poorest 20% of the population. Social protection and labor programs include social insurance, social safety nets, and unemployment benefits and active labor market programs. Estimates include both direct and indirect beneficiaries.