Benefits incidence in 4th quintile (%) - Domestic Private Transfers in Panama

Panama: Benefits incidence in 4th quintile (%) - Domestic Private Transfers was 19.8% in 2023. ▼ Falling

Latest (2023)
19.8%
Change on year
up 2.8%
World rank
25th
of 31 countries
All-time high
24.2%
in 2013
All-time low
17.7%
in 2016
Years of data
14
2008–2023

Benefits incidence in 4th quintile (%) - Domestic Private Transfers in Panama, 2008–2023

05101520252008201520232008: 212009: 23.32010: 23.52011: 22.22012: 21.62013: 24.22014: 22.32015: 202016: 17.72017: 20.12018: 18.42019: 17.92021: 19.32023: 19.8

Source: ASPIRE.

Analysis

In 2023, benefits incidence in 4th quintile (%) - domestic private transfers in Panama stood at 19.8%.

That represents a change of up 2.8% on the previous year and down 18.1% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) - domestic private transfers in Panama peaked at 24.2% in 2013 and was at its lowest, 17.7%, in 2016.

Panama ranks 25th of 31 countries on this measure, in the bottom quarter.

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

Benefits incidence in 4th quintile (%) - Domestic Private Transfers in Panama, year by year

Annual values for Benefits incidence in 4th quintile (%) - Domestic Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 21.0%
2009 23.3% +11.3%
2010 23.5% +0.7%
2011 22.2% -5.4%
2012 21.6% -2.8%
2013 24.2% +12.1%
2014 22.3% -7.9%
2015 20.0% -10.3%
2016 17.7% -11.5%
2017 20.1% +13.8%
2018 18.4% -8.7%
2019 17.9% -2.7%
2021 19.3% +7.7%
2023 19.8% +2.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.2% 21.0% 23.3% 2
2010s 20.8% 17.7% 24.2% 10
2020s 19.6% 19.3% 19.8% 2

Countries ranked near Panama

  1. 22 Brazil 20.3% compare
  2. 23 Georgia 20.2% compare
  3. 24 Kazakhstan 19.8% compare
  4. 26 Thailand 19.8% compare
  5. 27 Kyrgyzstan 19.0% compare
  6. 28 Malawi 18.5% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 4th quintile (%) - domestic private transfers in Panama?
Benefits incidence in 4th quintile (%) - domestic private transfers in Panama was 19.8% in 2023, according to ASPIRE.
What is the highest benefits incidence in 4th quintile (%) - domestic private transfers recorded in Panama?
The highest recorded value was 24.2% in 2013.
What is the lowest benefits incidence in 4th quintile (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 17.7% in 2016.
How does Panama rank for benefits incidence in 4th quintile (%) - domestic private transfers?
Panama ranks 25th out of 31 countries with data for 2023.
Is benefits incidence in 4th quintile (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is down 18.1%. 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 4th quintile (%) - Domestic Private Transfers. Statizoid updates them automatically from the source API.

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Benefits incidence in 4th quintile (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 05 September 2026, from https://labour.statizoid.com/stat/benefits-incidence-in-4th-quintile-percent-domestic-private-transfers/panama/

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About this data

Indicator
Benefits incidence in 4th quintile (%) - Domestic Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 318 data points, 2003–2023
Last refreshed

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