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

Panama: Benefits incidence in 4th quintile (%) -All Social Protection and was 23.4% in 2023. ▲ Rising

Latest (2023)
23.4%
Change on year
up 2.1%
World rank
9th
of 36 countries
All-time high
23.4%
in 2023
All-time low
15.8%
in 2008
Years of data
14
2008–2023

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

05101520252008201520232008: 15.82009: 16.72010: 19.72011: 21.62012: 20.92013: 20.72014: 20.72015: 22.42016: 23.22017: 21.52018: 21.22019: 20.62021: 22.92023: 23.4

Source: ASPIRE.

Analysis

In 2023, benefits incidence in 4th quintile (%) -all social protection and in Panama stood at 23.4%. That is the highest value across all 14 years on record.

That represents a change of up 2.1% on the previous year and up 12.7% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) -all social protection and in Panama peaked at 23.4% in 2023 and was at its lowest, 15.8%, in 2008.

That places Panama 9th out of 36 countries with data for 2023, putting it 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 Protection and in Panama, year by year

Annual values for Benefits incidence in 4th quintile (%) -All Social Protection and Labor -rural in Panama, 2008 to 2023.
Year Value Change
2008 15.8%
2009 16.7% +5.4%
2010 19.7% +18.4%
2011 21.6% +9.5%
2012 20.9% -3.0%
2013 20.7% -1.0%
2014 20.7% -0.2%
2015 22.4% +8.4%
2016 23.2% +3.4%
2017 21.5% -7.2%
2018 21.2% -1.8%
2019 20.6% -2.7%
2021 22.9% +11.2%
2023 23.4% +2.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.2% 15.8% 16.7% 2
2010s 21.3% 19.7% 23.2% 10
2020s 23.1% 22.9% 23.4% 2

Countries ranked near Panama

  1. 6 Uruguay 24.3% compare
  2. 7 Romania 23.7% compare
  3. 8 Viet Nam 23.6% compare
  4. 10 Republic of Moldova 22.2% compare
  5. 11 Pakistan 21.9% compare
  6. 12 Peru 21.5% compare

See the full ranking of 36 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 4th quintile (%) -all social protection and in Panama?
Benefits incidence in 4th quintile (%) -all social protection and in Panama was 23.4% in 2023, according to ASPIRE.
What is the highest benefits incidence in 4th quintile (%) -all social protection and recorded in Panama?
The highest recorded value was 23.4% in 2023.
What is the lowest benefits incidence in 4th quintile (%) -all social protection and recorded in Panama?
The lowest recorded value was 15.8% in 2008.
How does Panama rank for benefits incidence in 4th quintile (%) -all social protection and?
Panama ranks 9th out of 36 countries with data for 2023.
Is benefits incidence in 4th quintile (%) -all social protection and rising or falling in Panama?
Over the last ten years it is up 12.7%. 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 Protection and Labor -rural. Statizoid updates them automatically from the source API.

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Benefits incidence in 4th quintile (%) -All Social Protection and in Panama. Statizoid, drawing on ASPIRE. Retrieved 11 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-4th-quintile-percent-all-social-protection-and-labor-rural/panama/

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About this data

Indicator
Benefits incidence in 4th quintile (%) -All Social Protection and Labor -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 352 data points, 2002–2023
Last refreshed

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