Benefits incidence in 2nd quintile (%) - All Social Insurance in Panama
Panama: Benefits incidence in 2nd quintile (%) - All Social Insurance was 8.3% in 2023. ▲ Rising
Benefits incidence in 2nd quintile (%) - All Social Insurance in Panama, 2008–2023
Source: ASPIRE. Measured in preT.
Analysis
Panama recorded 8.3% for benefits incidence in 2nd quintile (%) - all social insurance in 2023.
That represents a change of up 17.8% on the previous year and up 23.7% over ten years.
Over the whole period, benefits incidence in 2nd quintile (%) - all social insurance in Panama peaked at 9.3% in 2018 and was at its lowest, 5.6%, in 2008.
Panama ranks 22nd of 34 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 2nd quintile (%) - All Social Insurance in Panama, year by year
| Year | preT | Change |
|---|---|---|
| 2008 | 5.6% | — |
| 2009 | 6.2% | +11.3% |
| 2010 | 5.8% | -6.8% |
| 2011 | 7.7% | +32.5% |
| 2012 | 7.7% | -0.2% |
| 2013 | 6.7% | -12.0% |
| 2014 | 8.0% | +18.6% |
| 2015 | 8.5% | +6.2% |
| 2016 | 7.9% | -7.0% |
| 2017 | 8.3% | +5.0% |
| 2018 | 9.3% | +12.0% |
| 2019 | 9.0% | -3.4% |
| 2021 | 7.1% | -21.1% |
| 2023 | 8.3% | +17.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.9% | 5.6% | 6.2% | 2 |
| 2010s | 7.9% | 5.8% | 9.3% | 10 |
| 2020s | 7.7% | 7.1% | 8.3% | 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 benefits incidence in 2nd quintile (%) - all social insurance in Panama?
- Benefits incidence in 2nd quintile (%) - all social insurance in Panama was 8.3% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 2nd quintile (%) - all social insurance recorded in Panama?
- The highest recorded value was 9.3% in 2018.
- What is the lowest benefits incidence in 2nd quintile (%) - all social insurance recorded in Panama?
- The lowest recorded value was 5.6% in 2008.
- How does Panama rank for benefits incidence in 2nd quintile (%) - all social insurance?
- Panama ranks 22nd out of 34 countries with data for 2023.
- Is benefits incidence in 2nd quintile (%) - all social insurance rising or falling in Panama?
- Over the last ten years it is up 23.7%. 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 2nd quintile (%) - All Social Insurance (preT). 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 second quintile relative to the total benefits going to the population