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

Panama: Benefits incidence in 4th quintile (%) - All Social Insurance was 21.0% in 2023. ▲ Rising

Latest (2023)
21.0%
Change on year
up 12.6%
World rank
19th
of 34 countries
All-time high
21.0%
in 2015
All-time low
15.7%
in 2013
Years of data
14
2008–2023

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

051015202008201520232008: 19.82009: 172010: 16.72011: 19.32012: 18.42013: 15.72014: 19.32015: 212016: 17.42017: 19.72018: 20.92019: 20.72021: 18.72023: 21

Source: ASPIRE.

Analysis

In 2023, benefits incidence in 4th quintile (%) - all social insurance in Panama stood at 21.0%.

Compared with earlier readings it is up 12.6% on the previous year and up 33.5% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) - all social insurance in Panama peaked at 21.0% in 2015 and was at its lowest, 15.7%, in 2013.

That places Panama 19th out of 34 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 4th quintile (%) - All Social Insurance in Panama, year by year

Annual values for Benefits incidence in 4th quintile (%) - All Social Insurance in Panama, 2008 to 2023.
Year Value Change
2008 19.8%
2009 17.0% -14.1%
2010 16.7% -1.7%
2011 19.3% +15.5%
2012 18.4% -4.7%
2013 15.7% -14.3%
2014 19.3% +22.3%
2015 21.0% +9.2%
2016 17.4% -17.1%
2017 19.7% +13.1%
2018 20.9% +5.9%
2019 20.7% -1.0%
2021 18.7% -9.8%
2023 21.0% +12.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.4% 17.0% 19.8% 2
2010s 18.9% 15.7% 21.0% 10
2020s 19.8% 18.7% 21.0% 2

Countries ranked near Panama

  1. 16 Viet Nam 22.0% compare
  2. 17 Sri Lanka 22.0% compare
  3. 18 Brazil 21.4% compare
  4. 20 Thailand 20.0% compare
  5. 21 Ukraine 19.9% compare
  6. 22 Pakistan 19.7% 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 21.0% 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 21.0% in 2015.
What is the lowest benefits incidence in 4th quintile (%) - all social insurance recorded in Panama?
The lowest recorded value was 15.7% in 2013.
How does Panama rank for benefits incidence in 4th quintile (%) - all social insurance?
Panama ranks 19th 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 33.5%. 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. 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 06 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-4th-quintile-percent-all-social-insurance/panama/

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About this data

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