Benefits incidence in 1st quintile (poorest) (%) -All Social in Panama
Panama: Benefits incidence in 1st quintile (poorest) (%) -All Social was 7.9% in 2023. ▲ Rising
Benefits incidence in 1st quintile (poorest) (%) -All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 7.9% for benefits incidence in 1st quintile (poorest) (%) -all social in 2023.
The figure is down 18.7% on the previous year and up 82.3% over ten years.
Over the whole period, benefits incidence in 1st quintile (poorest) (%) -all social in Panama peaked at 9.7% in 2021 and was at its lowest, 1.8%, in 2008.
Panama ranks 22nd of 36 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Benefits incidence in 1st quintile (poorest) (%) -All Social in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1.8% | — |
| 2009 | 4.1% | +131.1% |
| 2010 | 4.3% | +4.4% |
| 2011 | 3.9% | -8.4% |
| 2012 | 4.5% | +15.1% |
| 2013 | 4.3% | -4.2% |
| 2014 | 5.0% | +14.4% |
| 2015 | 8.0% | +62.2% |
| 2016 | 7.0% | -13.0% |
| 2017 | 8.0% | +14.7% |
| 2018 | 7.7% | -3.7% |
| 2019 | 7.4% | -3.7% |
| 2021 | 9.7% | +30.5% |
| 2023 | 7.9% | -18.7% |
Panama compared with similar countries
- Panama's 7.9% is below the median for high income countries, which is 8.9%, 89% of the median. (6 countries reporting)
- Panama's 7.9% is above the median for Latin America & Caribbean, which is 5.9%, 1.3× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Benefits incidence in 1st quintile (poorest) (%) -All Social 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 | +131.1% | 1.8% | 4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | 1.8% | 4.1% | 2 |
| 2010s | 6.0% | 3.9% | 8.0% | 10 |
| 2020s | 8.8% | 7.9% | 9.7% | 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 benefits incidence in 1st quintile (poorest) (%) -all social in Panama?
- Benefits incidence in 1st quintile (poorest) (%) -all social in Panama was 7.9% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 1st quintile (poorest) (%) -all social recorded in Panama?
- The highest recorded value was 9.7% in 2021.
- What is the lowest benefits incidence in 1st quintile (poorest) (%) -all social recorded in Panama?
- The lowest recorded value was 1.8% in 2008.
- How does Panama rank for benefits incidence in 1st quintile (poorest) (%) -all social?
- Panama ranks 22nd out of 36 countries with data for 2023.
- Is benefits incidence in 1st quintile (poorest) (%) -all social rising or falling in Panama?
- Over the last ten years it is up 82.3%. 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 Benefits incidence in 1st quintile (poorest) (%) -All Social Protection and Labor -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
Percentage of benefits going to the 1st quintile (poorest) relative to the total benefits going to the population