Benefits incidence in 4th quintile (%) - All Social Insurance in Panama

Panama: Benefits incidence in 4th quintile (%) - All Social Insurance was 22.2% in 2023. ▲ Rising

Latest (2023)
22.2%
Change on year
up 5.2%
World rank
8th
of 34 countries
All-time high
24.3%
in 2019
All-time low
19.5%
in 2010
Years of data
14
2008–2023

Benefits incidence in 4th quintile (%) - All Social Insurance in Panama, 2008–2023

05101520252008201520232008: 21.8 preT2009: 20.8 preT2010: 19.5 preT2011: 22.4 preT2012: 21.1 preT2013: 20.2 preT2014: 20.5 preT2015: 23.9 preT2016: 21.5 preT2017: 23 preT2018: 23.9 preT2019: 24.3 preT2021: 21.1 preT2023: 22.2 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, benefits incidence in 4th quintile (%) - all social insurance in Panama stood at 22.2%.

Compared with earlier readings it is up 5.2% on the previous year and up 9.8% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) - all social insurance in Panama peaked at 24.3% in 2019 and was at its lowest, 19.5%, in 2010.

Panama ranks 8th of 34 countries on this measure, in the top quarter.

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

Benefits incidence in 4th quintile (%) - All Social Insurance in Panama, year by year

Annual values for Benefits incidence in 4th quintile (%) - All Social Insurance (preT) in Panama, 2008 to 2023.
Year preT Change
2008 21.8%
2009 20.8% -4.4%
2010 19.5% -6.4%
2011 22.4% +15.1%
2012 21.1% -5.7%
2013 20.2% -4.4%
2014 20.5% +1.2%
2015 23.9% +17.0%
2016 21.5% -10.3%
2017 23.0% +7.0%
2018 23.9% +3.8%
2019 24.3% +1.7%
2021 21.1% -13.1%
2023 22.2% +5.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.3% 20.8% 21.8% 2
2010s 22.0% 19.5% 24.3% 10
2020s 21.7% 21.1% 22.2% 2

Countries ranked near Panama

  1. 5 Honduras 23.5% compare
  2. 6 Costa Rica 23.3% compare
  3. 7 Uruguay 23.2% compare
  4. 9 Sri Lanka 22.2% compare
  5. 10 Türkiye 21.8% compare
  6. 11 Bolivia, Plurinational State of 21.6% 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 4th quintile (%) - all social insurance in Panama?
Benefits incidence in 4th quintile (%) - all social insurance in Panama was 22.2% in 2023, according to ASPIRE.
What is the highest benefits incidence in 4th quintile (%) - all social insurance recorded in Panama?
The highest recorded value was 24.3% in 2019.
What is the lowest benefits incidence in 4th quintile (%) - all social insurance recorded in Panama?
The lowest recorded value was 19.5% in 2010.
How does Panama rank for benefits incidence in 4th quintile (%) - all social insurance?
Panama ranks 8th out of 34 countries with data for 2023.
Is benefits incidence in 4th quintile (%) - all social insurance rising or falling in Panama?
Over the last ten years it is up 9.8%. 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 4th quintile (%) - All Social Insurance (preT). Statizoid updates them automatically from the source API.

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Benefits incidence in 4th quintile (%) - All Social Insurance in Panama. Statizoid, drawing on ASPIRE. Retrieved 09 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-4th-quintile-percent-all-social-insurance-pret/panama/

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About this data

Indicator
Benefits incidence in 4th 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 fourth quintile relative to the total benefits going to the population