Benefits incidence in 3rd quintile (%) -All Social Protection and in Panama
Panama: Benefits incidence in 3rd quintile (%) -All Social Protection and was 14.0% in 2023. ▲ Rising
Benefits incidence in 3rd quintile (%) -All Social Protection and in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for benefits incidence in 3rd quintile (%) -all social protection and in Panama is 14.0%, measured in 2023.
Compared with earlier readings it is down 12.5% on the previous year and up 32.0% over ten years.
Over the whole period, benefits incidence in 3rd quintile (%) -all social protection and in Panama peaked at 16.0% in 2021 and was at its lowest, 8.2%, in 2008.
That places Panama 24th out of 37 countries with data for 2023, putting it 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 Protection and in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 8.2% | — |
| 2009 | 9.5% | +16.1% |
| 2010 | 9.2% | -3.6% |
| 2011 | 11.3% | +22.8% |
| 2012 | 12.0% | +5.8% |
| 2013 | 10.6% | -11.5% |
| 2014 | 11.8% | +11.7% |
| 2015 | 13.7% | +15.8% |
| 2016 | 12.9% | -5.9% |
| 2017 | 13.4% | +4.2% |
| 2018 | 14.9% | +11.3% |
| 2019 | 14.3% | -4.5% |
| 2021 | 16.0% | +11.9% |
| 2023 | 14.0% | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.9% | 8.2% | 9.5% | 2 |
| 2010s | 12.4% | 9.2% | 14.9% | 10 |
| 2020s | 15.0% | 14.0% | 16.0% | 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 3rd quintile (%) -all social protection and in Panama?
- Benefits incidence in 3rd quintile (%) -all social protection and in Panama was 14.0% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 3rd quintile (%) -all social protection and recorded in Panama?
- The highest recorded value was 16.0% in 2021.
- What is the lowest benefits incidence in 3rd quintile (%) -all social protection and recorded in Panama?
- The lowest recorded value was 8.2% in 2008.
- How does Panama rank for benefits incidence in 3rd quintile (%) -all social protection and?
- Panama ranks 24th out of 37 countries with data for 2023.
- Is benefits incidence in 3rd quintile (%) -all social protection and rising or falling in Panama?
- Over the last ten years it is up 32.0%. 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 Protection and Labor. 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 third quintile relative to the total benefits going to the population