Benefits incidence in 3rd quintile (%) - Domestic Private Transfers in Panama
Panama: Benefits incidence in 3rd quintile (%) - Domestic Private Transfers was 21.2% in 2023. ▼ Falling
Benefits incidence in 3rd quintile (%) - Domestic Private Transfers in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for benefits incidence in 3rd quintile (%) - domestic private transfers in Panama is 21.2%, measured in 2023.
That represents a change of down 5.5% on the previous year and down 29.0% over ten years.
Over the whole period, benefits incidence in 3rd quintile (%) - domestic private transfers in Panama peaked at 29.9% in 2013 and was at its lowest, 14.3%, in 2015.
That places Panama 4th out of 30 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Benefits incidence in 3rd quintile (%) - Domestic Private Transfers in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 20.7% | — |
| 2009 | 17.1% | -17.3% |
| 2010 | 20.3% | +18.8% |
| 2011 | 21.3% | +4.9% |
| 2012 | 26.5% | +24.3% |
| 2013 | 29.9% | +12.9% |
| 2014 | 28.8% | -3.7% |
| 2015 | 14.3% | -50.3% |
| 2016 | 19.7% | +37.7% |
| 2017 | 18.1% | -8.3% |
| 2018 | 18.8% | +4.2% |
| 2019 | 19.4% | +3.0% |
| 2021 | 22.5% | +15.7% |
| 2023 | 21.2% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.9% | 17.1% | 20.7% | 2 |
| 2010s | 21.7% | 14.3% | 29.9% | 10 |
| 2020s | 21.8% | 21.2% | 22.5% | 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 (%) - domestic private transfers in Panama?
- Benefits incidence in 3rd quintile (%) - domestic private transfers in Panama was 21.2% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 3rd quintile (%) - domestic private transfers recorded in Panama?
- The highest recorded value was 29.9% in 2013.
- What is the lowest benefits incidence in 3rd quintile (%) - domestic private transfers recorded in Panama?
- The lowest recorded value was 14.3% in 2015.
- How does Panama rank for benefits incidence in 3rd quintile (%) - domestic private transfers?
- Panama ranks 4th out of 30 countries with data for 2023.
- Is benefits incidence in 3rd quintile (%) - domestic private transfers rising or falling in Panama?
- Over the last ten years it is down 29.0%. 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 3rd quintile (%) - Domestic Private Transfers -rural. 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