Benefits incidence in 5th quintile (richest) (%) - All Social in Panama
Panama: Benefits incidence in 5th quintile (richest) (%) - All Social was 9.3% 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 9.3%.
That represents a change of down 22.2% on the previous year and down 30.7% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - all social in Panama peaked at 13.5% in 2014 and was at its lowest, 6.8%, in 2008.
Panama ranks 25th of 35 countries on this measure, 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 | 6.8% | — |
| 2009 | 9.0% | +32.6% |
| 2010 | 10.2% | +12.4% |
| 2011 | 11.7% | +14.9% |
| 2012 | 13.4% | +14.3% |
| 2013 | 13.5% | +0.8% |
| 2014 | 13.5% | +0.2% |
| 2015 | 10.3% | -23.7% |
| 2016 | 8.6% | -16.7% |
| 2017 | 10.2% | +19.2% |
| 2018 | 11.5% | +12.8% |
| 2019 | 10.6% | -7.9% |
| 2021 | 12.0% | +12.9% |
| 2023 | 9.3% | -22.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.9% | 6.8% | 9.0% | 2 |
| 2010s | 11.3% | 8.6% | 13.5% | 10 |
| 2020s | 10.7% | 9.3% | 12.0% | 2 |
Countries ranked near Panama
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 9.3% 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 13.5% in 2014.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - all social recorded in Panama?
- The lowest recorded value was 6.8% in 2008.
- How does Panama rank for benefits incidence in 5th quintile (richest) (%) - all social?
- Panama ranks 25th out of 35 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 30.7%. 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 5th quintile (richest) (%) - All Social Assistance. 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