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

Panama: Benefits incidence in 3rd quintile (%) - All Social Insurance was 14.8% in 2023. ▲ Rising

Latest (2023)
14.8%
Change on year
up 21.4%
World rank
19th
of 34 countries
All-time high
15.0%
in 2018
All-time low
11.0%
in 2013
Years of data
14
2008–2023

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

0510152008201520232008: 14.5 preT2009: 11.1 preT2010: 11.5 preT2011: 13 preT2012: 13.2 preT2013: 11 preT2014: 13.1 preT2015: 14 preT2016: 11.4 preT2017: 14.1 preT2018: 15 preT2019: 14.1 preT2021: 12.2 preT2023: 14.8 preT

Source: ASPIRE. Measured in preT.

Analysis

The most recent figure for benefits incidence in 3rd quintile (%) - all social insurance in Panama is 14.8%, measured in 2023.

The figure is up 21.4% on the previous year and up 34.2% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - all social insurance in Panama peaked at 15.0% in 2018 and was at its lowest, 11.0%, in 2013.

Panama ranks 19th 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 3rd quintile (%) - All Social Insurance in Panama, year by year

Annual values for Benefits incidence in 3rd quintile (%) - All Social Insurance (preT) in Panama, 2008 to 2023.
Year preT Change
2008 14.5%
2009 11.1% -23.4%
2010 11.5% +3.8%
2011 13.0% +12.3%
2012 13.2% +1.7%
2013 11.0% -16.7%
2014 13.1% +19.5%
2015 14.0% +6.7%
2016 11.4% -18.4%
2017 14.1% +23.8%
2018 15.0% +6.2%
2019 14.1% -6.2%
2021 12.2% -13.8%
2023 14.8% +21.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.8% 11.1% 14.5% 2
2010s 13.1% 11.0% 15.0% 10
2020s 13.5% 12.2% 14.8% 2

Countries ranked near Panama

  1. 16 Ukraine 15.0% compare
  2. 17 Kazakhstan 14.9% compare
  3. 18 Pakistan 14.9% compare
  4. 20 Côte d'Ivoire 14.4% compare
  5. 21 Peru 13.6% compare
  6. 22 Sri Lanka 13.2% compare

See the full ranking of 34 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 3rd quintile (%) - all social insurance in Panama?
Benefits incidence in 3rd quintile (%) - all social insurance in Panama was 14.8% in 2023, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - all social insurance recorded in Panama?
The highest recorded value was 15.0% in 2018.
What is the lowest benefits incidence in 3rd quintile (%) - all social insurance recorded in Panama?
The lowest recorded value was 11.0% in 2013.
How does Panama rank for benefits incidence in 3rd quintile (%) - all social insurance?
Panama ranks 19th out of 34 countries with data for 2023.
Is benefits incidence in 3rd quintile (%) - all social insurance rising or falling in Panama?
Over the last ten years it is up 34.2%. 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 Insurance (preT). Statizoid updates them automatically from the source API.

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Benefits incidence in 3rd quintile (%) - All Social Insurance in Panama. Statizoid, drawing on ASPIRE. Retrieved 08 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-3rd-quintile-percent-all-social-insurance-pret/panama/

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About this data

Indicator
Benefits incidence in 3rd quintile (%) - All Social Insurance (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

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