Benefits incidence in 1st quintile (poorest) (%) - Domestic Private in Panama
Panama: Benefits incidence in 1st quintile (poorest) (%) - Domestic Private was 10.5% in 2023. ▼ Falling
Benefits incidence in 1st quintile (poorest) (%) - Domestic Private in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 10.5% for benefits incidence in 1st quintile (poorest) (%) - domestic private in 2023.
The figure is up 23.8% on the previous year and down 6.4% over ten years.
Over the whole period, benefits incidence in 1st quintile (poorest) (%) - domestic private in Panama peaked at 11.2% in 2013 and was at its lowest, 6.5%, in 2016.
That places Panama 16th out of 31 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Benefits incidence in 1st quintile (poorest) (%) - Domestic Private in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 7.5% | — |
| 2009 | 9.2% | +22.2% |
| 2010 | 10.0% | +8.7% |
| 2011 | 10.3% | +2.6% |
| 2012 | 10.2% | -1.0% |
| 2013 | 11.2% | +10.3% |
| 2014 | 10.4% | -7.2% |
| 2015 | 6.7% | -35.6% |
| 2016 | 6.5% | -3.3% |
| 2017 | 7.4% | +14.5% |
| 2018 | 7.8% | +4.2% |
| 2019 | 8.4% | +8.4% |
| 2021 | 8.5% | +1.0% |
| 2023 | 10.5% | +23.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.4% | 7.5% | 9.2% | 2 |
| 2010s | 8.9% | 6.5% | 11.2% | 10 |
| 2020s | 9.5% | 8.5% | 10.5% | 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) (%) - domestic private in Panama?
- Benefits incidence in 1st quintile (poorest) (%) - domestic private in Panama was 10.5% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 1st quintile (poorest) (%) - domestic private recorded in Panama?
- The highest recorded value was 11.2% in 2013.
- What is the lowest benefits incidence in 1st quintile (poorest) (%) - domestic private recorded in Panama?
- The lowest recorded value was 6.5% in 2016.
- How does Panama rank for benefits incidence in 1st quintile (poorest) (%) - domestic private?
- Panama ranks 16th out of 31 countries with data for 2023.
- Is benefits incidence in 1st quintile (poorest) (%) - domestic private rising or falling in Panama?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Benefits incidence in 1st quintile (poorest) (%) - Domestic Private Transfers. 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