Benefit incidence of social safety net programs to poorest quintile in Panama
Panama: Benefit incidence of social safety net programs to poorest quintile was 24.3% in 2023. ▼ Falling
Benefit incidence of social safety net programs to poorest quintile in Panama, 2008–2023
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of total safety net benefits.
Analysis
In 2023, benefit incidence of social safety net programs to poorest quintile in Panama stood at 24.3%.
Compared with earlier readings it is up 42.0% on the previous year and up 7.1% over ten years.
Over the whole period, benefit incidence of social safety net programs to poorest quintile in Panama peaked at 48.7% in 2008 and was at its lowest, 17.1%, in 2021.
Panama ranks 27th of 35 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Benefit incidence of social safety net programs to poorest quintile in Panama, year by year
| Year | % of total safety net benefits | Change |
|---|---|---|
| 2008 | 48.7% | — |
| 2009 | 30.0% | -38.4% |
| 2010 | 25.7% | -14.4% |
| 2011 | 24.4% | -4.8% |
| 2012 | 23.0% | -6.1% |
| 2013 | 22.7% | -1.0% |
| 2014 | 23.3% | +2.3% |
| 2015 | 25.1% | +8.0% |
| 2016 | 25.8% | +2.8% |
| 2017 | 26.9% | +3.9% |
| 2018 | 24.9% | -7.3% |
| 2019 | 25.1% | +0.8% |
| 2021 | 17.1% | -31.7% |
| 2023 | 24.3% | +42.0% |
Panama compared with similar countries
- Panama's 24.3% is below the median for Latin America & Caribbean, which is 28.4%, 86% of the median. (15 countries reporting)
- Panama's 24.3% is below the median for high income countries, which is 28.0%, 87% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.3% | 30.0% | 48.7% | 2 |
| 2010s | 24.7% | 22.7% | 26.9% | 10 |
| 2020s | 20.7% | 17.1% | 24.3% | 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 safety net programs to poorest quintile in Panama?
- Benefit incidence of social safety net programs to poorest quintile in Panama was 24.3% 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 safety net programs to poorest quintile recorded in Panama?
- The highest recorded value was 48.7% in 2008.
- What is the lowest benefit incidence of social safety net programs to poorest quintile recorded in Panama?
- The lowest recorded value was 17.1% in 2021.
- How does Panama rank for benefit incidence of social safety net programs to poorest quintile?
- Panama ranks 27th out of 35 countries with data for 2023.
- Is benefit incidence of social safety net programs to poorest quintile rising or falling in Panama?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is falling.
- 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 safety net programs to poorest quintile (% of total safety net benefits). 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
Benefit incidence of social safety net programs to poorest quintile shows the percentage of total social safety net benefits received by the poorest 20% of the population. Social safety net programs include cash transfers and last resort programs, noncontributory social pensions, other cash transfers programs (child, family and orphan allowances, birth and death grants, disability benefits, and other allowances), conditional cash transfers, in-kind food transfers (food stamps and vouchers, food rations, supplementary feeding, and emergency food distribution), school feeding, other social assistance programs (housing allowances, scholarships, fee waivers, health subsidies, and other social assistance) and public works programs (cash for work and food for work). Estimates include both direct and indirect beneficiaries.