Benefits incidence in 5th quintile (richest) (%) - All Social in Panama
Panama: Benefits incidence in 5th quintile (richest) (%) - All Social was 8.6% in 2023. ▼ Falling
Benefits incidence in 5th quintile (richest) (%) - All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 8.6% for benefits incidence in 5th quintile (richest) (%) - all social in 2023. That is the lowest value across all 14 years on record.
The figure is down 16.4% on the previous year and down 48.4% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - all social in Panama peaked at 31.6% in 2008 and was at its lowest, 8.6%, in 2023.
Panama ranks 23rd of 34 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Benefits incidence in 5th quintile (richest) (%) - All Social in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 31.6% | — |
| 2009 | 9.8% | -69.0% |
| 2010 | 10.5% | +7.4% |
| 2011 | 8.6% | -17.8% |
| 2012 | 17.1% | +98.0% |
| 2013 | 16.6% | -3.0% |
| 2014 | 13.2% | -20.5% |
| 2015 | 12.3% | -7.0% |
| 2016 | 10.1% | -17.3% |
| 2017 | 11.8% | +16.7% |
| 2018 | 12.5% | +5.3% |
| 2019 | 11.8% | -5.4% |
| 2021 | 10.2% | -13.3% |
| 2023 | 8.6% | -16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.7% | 9.8% | 31.6% | 2 |
| 2010s | 12.5% | 8.6% | 17.1% | 10 |
| 2020s | 9.4% | 8.6% | 10.2% | 2 |
Countries ranked near Panama
- 20 Sri Lanka 11.6% compare
- 21 Kyrgyzstan 11.4% compare
- 22 Poland 10.4% compare
- 24 Kosovo 8.5% compare
- 24 Kosovo (UNSCR 1244) 8.5% compare
- 26 El Salvador 8.1% 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 8.6% 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 31.6% in 2008.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - all social recorded in Panama?
- The lowest recorded value was 8.6% in 2023.
- How does Panama rank for benefits incidence in 5th quintile (richest) (%) - all social?
- Panama ranks 23rd 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 48.4%. 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 5th quintile (richest) (%) - All Social Assistance -urban. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of benefits going to the richestquintile relative to the total benefits going to the population