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

Panama: Benefits incidence in 4th quintile (%) -All Social Protection and was 19.8% in 2023. ▲ Rising

Latest (2023)
19.8%
Change on year
up 2.1%
World rank
22nd
of 37 countries
All-time high
19.9%
in 2019
All-time low
16.2%
in 2013
Years of data
14
2008–2023

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

051015202008201520232008: 19.52009: 16.92010: 17.12011: 18.62012: 18.22013: 16.22014: 18.82015: 19.42016: 172017: 18.52018: 19.12019: 19.92021: 19.42023: 19.8

Source: ASPIRE.

Analysis

Panama recorded 19.8% for benefits incidence in 4th quintile (%) -all social protection and in 2023.

Compared with earlier readings it is up 2.1% on the previous year and up 22.0% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) -all social protection and in Panama peaked at 19.9% in 2019 and was at its lowest, 16.2%, in 2013.

That places Panama 22nd 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 4th quintile (%) -All Social Protection and in Panama, year by year

Annual values for Benefits incidence in 4th quintile (%) -All Social Protection and Labor in Panama, 2008 to 2023.
Year Value Change
2008 19.5%
2009 16.9% -13.3%
2010 17.1% +0.8%
2011 18.6% +9.1%
2012 18.2% -2.4%
2013 16.2% -10.7%
2014 18.8% +16.1%
2015 19.4% +3.0%
2016 17.0% -12.5%
2017 18.5% +9.0%
2018 19.1% +3.0%
2019 19.9% +4.2%
2021 19.4% -2.4%
2023 19.8% +2.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.2% 16.9% 19.5% 2
2010s 18.3% 16.2% 19.9% 10
2020s 19.6% 19.4% 19.8% 2

Countries ranked near Panama

  1. 19 Ukraine 20.0% compare
  2. 20 Thailand 20.0% compare
  3. 21 Sri Lanka 20.0% compare
  4. 23 Pakistan 18.9% compare
  5. 24 Dominican Republic 18.5% compare
  6. 25 Bolivia, Plurinational State of 18.3% compare

See the full ranking of 37 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 19.8% 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 19.9% in 2019.
What is the lowest benefits incidence in 4th quintile (%) -all social protection and recorded in Panama?
The lowest recorded value was 16.2% in 2013.
How does Panama rank for benefits incidence in 4th quintile (%) -all social protection and?
Panama ranks 22nd out of 37 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 22.0%. 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 4th quintile (%) -All Social Protection and Labor. 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 09 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-4th-quintile-percent-all-social-protection-and-labor/panama/

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About this data

Indicator
Benefits incidence in 4th quintile (%) -All Social Protection and Labor
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 372 data points, 2002–2023
Last refreshed

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