Benefits incidence in 3rd quintile (%) - All Social Assistance in Panama

Panama: Benefits incidence in 3rd quintile (%) - All Social Assistance was 23.2% in 2023. ▲ Rising

Latest (2023)
23.2%
Change on year
down 8.2%
World rank
4th
of 35 countries
All-time high
25.2%
in 2021
All-time low
10.0%
in 2008
Years of data
14
2008–2023

Benefits incidence in 3rd quintile (%) - All Social Assistance in Panama, 2008–2023

01020302008201520232008: 102009: 18.22010: 20.72011: 22.12012: 22.32013: 21.32014: 21.22015: 21.32016: 21.92017: 20.52018: 22.32019: 20.82021: 25.22023: 23.2

Source: ASPIRE.

Analysis

The most recent figure for benefits incidence in 3rd quintile (%) - all social assistance in Panama is 23.2%, measured in 2023.

Compared with earlier readings it is down 8.2% on the previous year and up 8.6% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - all social assistance in Panama peaked at 25.2% in 2021 and was at its lowest, 10.0%, in 2008.

That places Panama 4th out of 35 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Benefits incidence in 3rd quintile (%) - All Social Assistance in Panama, year by year

Annual values for Benefits incidence in 3rd quintile (%) - All Social Assistance in Panama, 2008 to 2023.
Year Value Change
2008 10.0%
2009 18.2% +81.6%
2010 20.7% +13.8%
2011 22.1% +7.1%
2012 22.3% +0.6%
2013 21.3% -4.1%
2014 21.2% -0.8%
2015 21.3% +0.5%
2016 21.9% +3.1%
2017 20.5% -6.5%
2018 22.3% +8.7%
2019 20.8% -6.8%
2021 25.2% +21.5%
2023 23.2% -8.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.1% 10.0% 18.2% 2
2010s 21.4% 20.5% 22.3% 10
2020s 24.2% 23.2% 25.2% 2

Countries ranked near Panama

  1. 1 Ecuador 27.7% compare
  2. 2 Chile 24.6% compare
  3. 3 Paraguay 23.3% compare
  4. 5 Colombia 23.1% compare
  5. 6 Pakistan 22.5% compare
  6. 7 Malawi 22.4% compare

See the full ranking of 35 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 3rd quintile (%) - all social assistance in Panama?
Benefits incidence in 3rd quintile (%) - all social assistance in Panama was 23.2% in 2023, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - all social assistance recorded in Panama?
The highest recorded value was 25.2% in 2021.
What is the lowest benefits incidence in 3rd quintile (%) - all social assistance recorded in Panama?
The lowest recorded value was 10.0% in 2008.
How does Panama rank for benefits incidence in 3rd quintile (%) - all social assistance?
Panama ranks 4th out of 35 countries with data for 2023.
Is benefits incidence in 3rd quintile (%) - all social assistance rising or falling in Panama?
Over the last ten years it is up 8.6%. 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 3rd quintile (%) - All Social Assistance. Statizoid updates them automatically from the source API.

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Benefits incidence in 3rd quintile (%) - All Social Assistance in Panama. Statizoid, drawing on ASPIRE. Retrieved 02 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-3rd-quintile-percent-all-social-assistance/panama/

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About this data

Indicator
Benefits incidence in 3rd quintile (%) - All Social Assistance
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 348 data points, 2004–2023
Last refreshed

Percentage of benefits going to the third quintile relative to the total benefits going to the population