Benefits incidence in 5th quintile (richest) (%) - All Social in Panama
Panama: Benefits incidence in 5th quintile (richest) (%) - All Social was 15.4% in 2023. ▲ Rising
Benefits incidence in 5th quintile (richest) (%) - All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
In 2023, benefits incidence in 5th quintile (richest) (%) - all social in Panama stood at 15.4%.
Compared with earlier readings it is down 17.1% on the previous year and down 16.6% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - all social in Panama peaked at 21.0% in 2012 and was at its lowest, 4.6%, in 2008.
That places Panama 17th 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 5th quintile (richest) (%) - All Social in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 4.6% | — |
| 2009 | 15.1% | +231.5% |
| 2010 | 20.3% | +34.2% |
| 2011 | 20.1% | -1.0% |
| 2012 | 21.0% | +4.5% |
| 2013 | 18.5% | -12.0% |
| 2014 | 20.9% | +13.1% |
| 2015 | 14.6% | -30.5% |
| 2016 | 15.1% | +3.6% |
| 2017 | 13.7% | -8.8% |
| 2018 | 16.5% | +19.9% |
| 2019 | 14.0% | -14.8% |
| 2021 | 18.6% | +32.7% |
| 2023 | 15.4% | -17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.9% | 4.6% | 15.1% | 2 |
| 2010s | 17.5% | 13.7% | 21.0% | 10 |
| 2020s | 17.0% | 15.4% | 18.6% | 2 |
Countries ranked near Panama
- 14 Serbia 15.8% compare
- 15 Indonesia 15.7% compare
- 16 Republic of Moldova 15.5% compare
- 18 Kazakhstan 14.4% compare
- 19 Mongolia 13.0% compare
- 20 El Salvador 13.0% compare
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is benefits incidence in 5th quintile (richest) (%) - all social in Panama?
- Benefits incidence in 5th quintile (richest) (%) - all social in Panama was 15.4% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 5th quintile (richest) (%) - all social recorded in Panama?
- The highest recorded value was 21.0% in 2012.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - all social recorded in Panama?
- The lowest recorded value was 4.6% in 2008.
- How does Panama rank for benefits incidence in 5th quintile (richest) (%) - all social?
- Panama ranks 17th out of 34 countries with data for 2023.
- Is benefits incidence in 5th quintile (richest) (%) - all social rising or falling in Panama?
- Over the last ten years it is down 16.6%. 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 5th quintile (richest) (%) - All Social Assistance -rural. Statizoid updates them automatically from the source API.
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About this data
Percentage of benefits going to the richestquintile relative to the total benefits going to the population