Benefits incidence in 2nd quintile (%) - Domestic Private Transfers in Panama
Panama: Benefits incidence in 2nd quintile (%) - Domestic Private Transfers was 17.8% in 2023. ▼ Falling
Benefits incidence in 2nd quintile (%) - Domestic Private Transfers in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 17.8% for benefits incidence in 2nd quintile (%) - domestic private transfers in 2023.
That represents a change of up 33.4% on the previous year and down 28.0% over ten years.
Over the whole period, benefits incidence in 2nd quintile (%) - domestic private transfers in Panama peaked at 25.1% in 2012 and was at its lowest, 10.8%, in 2015.
Panama ranks 4th of 31 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 14 years of available data.
Benefits incidence in 2nd quintile (%) - Domestic Private Transfers in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 12.3% | — |
| 2009 | 19.2% | +56.1% |
| 2010 | 19.9% | +4.1% |
| 2011 | 15.5% | -22.1% |
| 2012 | 25.1% | +61.3% |
| 2013 | 24.7% | -1.4% |
| 2014 | 24.1% | -2.7% |
| 2015 | 10.8% | -54.9% |
| 2016 | 12.7% | +16.8% |
| 2017 | 12.6% | -0.6% |
| 2018 | 15.3% | +21.6% |
| 2019 | 14.5% | -5.1% |
| 2021 | 13.3% | -8.1% |
| 2023 | 17.8% | +33.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.7% | 12.3% | 19.2% | 2 |
| 2010s | 17.5% | 10.8% | 25.1% | 10 |
| 2020s | 15.6% | 13.3% | 17.8% | 2 |
Countries ranked near Panama
- 1 Viet Nam 25.7% compare
- 2 El Salvador 20.9% compare
- 3 Ecuador 18.0% compare
- 5 Dominican Republic 17.7% compare
- 6 Costa Rica 17.6% compare
- 7 Sri Lanka 17.4% compare
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 (%) - domestic private transfers in Panama?
- Benefits incidence in 2nd quintile (%) - domestic private transfers in Panama was 17.8% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 2nd quintile (%) - domestic private transfers recorded in Panama?
- The highest recorded value was 25.1% in 2012.
- What is the lowest benefits incidence in 2nd quintile (%) - domestic private transfers recorded in Panama?
- The lowest recorded value was 10.8% in 2015.
- How does Panama rank for benefits incidence in 2nd quintile (%) - domestic private transfers?
- Panama ranks 4th out of 31 countries with data for 2023.
- Is benefits incidence in 2nd quintile (%) - domestic private transfers rising or falling in Panama?
- Over the last ten years it is down 28.0%. 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 2nd quintile (%) - Domestic Private Transfers -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 second quintile relative to the total benefits going to the population