Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Panama
Panama: Benefits incidence in 5th quintile (richest) (%) - Domestic Private was 32.1% in 2023. ▲ Rising
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Panama, 2008–2023
Source: ASPIRE. Measured in preT.
Analysis
The most recent figure for benefits incidence in 5th quintile (richest) (%) - domestic private in Panama is 32.1%, measured in 2023.
Compared with earlier readings it is down 21.9% on the previous year and up 91.1% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - domestic private in Panama peaked at 47.4% in 2016 and was at its lowest, 16.8%, in 2013.
That places Panama 20th out of 31 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) (%) - Domestic Private in Panama, year by year
| Year | preT | Change |
|---|---|---|
| 2008 | 41.0% | — |
| 2009 | 30.2% | -26.2% |
| 2010 | 29.1% | -3.9% |
| 2011 | 32.9% | +13.4% |
| 2012 | 20.5% | -37.6% |
| 2013 | 16.8% | -18.2% |
| 2014 | 21.2% | +26.3% |
| 2015 | 47.3% | +123.0% |
| 2016 | 47.4% | +0.0% |
| 2017 | 42.3% | -10.6% |
| 2018 | 40.4% | -4.7% |
| 2019 | 41.9% | +3.8% |
| 2021 | 41.1% | -1.8% |
| 2023 | 32.1% | -21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.6% | 30.2% | 41.0% | 2 |
| 2010s | 34.0% | 16.8% | 47.4% | 10 |
| 2020s | 36.6% | 32.1% | 41.1% | 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) (%) - domestic private in Panama?
- Benefits incidence in 5th quintile (richest) (%) - domestic private in Panama was 32.1% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Panama?
- The highest recorded value was 47.4% in 2016.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Panama?
- The lowest recorded value was 16.8% in 2013.
- How does Panama rank for benefits incidence in 5th quintile (richest) (%) - domestic private?
- Panama ranks 20th out of 31 countries with data for 2023.
- Is benefits incidence in 5th quintile (richest) (%) - domestic private rising or falling in Panama?
- Over the last ten years it is up 91.1%. 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) (%) - Domestic Private Transfers (preT). 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