Benefits incidence in 5th: Domestic Private … Domestic rural in Panama
Panama: Benefits incidence in 5th: Domestic Private … Domestic rural was 30.2% in 2023. ▲ Rising
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 30.2% for benefits incidence in 5th quintile (richest) (%) - domestic private in 2023.
The figure is down 6.8% on the previous year and up 15.2% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - domestic private in Panama peaked at 54.3% in 2015 and was at its lowest, 22.4%, in 2012.
That places Panama 22nd out of 30 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: Domestic Private … Domestic rural in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 33.2% | — |
| 2009 | 31.7% | -4.5% |
| 2010 | 27.2% | -14.3% |
| 2011 | 34.9% | +28.3% |
| 2012 | 22.4% | -35.7% |
| 2013 | 26.2% | +17.1% |
| 2014 | 27.1% | +3.2% |
| 2015 | 54.3% | +100.8% |
| 2016 | 36.8% | -32.2% |
| 2017 | 43.0% | +16.8% |
| 2018 | 40.2% | -6.6% |
| 2019 | 36.9% | -8.2% |
| 2021 | 32.4% | -12.1% |
| 2023 | 30.2% | -6.8% |
Panama compared with similar countries
- Panama's 30.2% is above the median for Latin America & Caribbean, which is 29.7%, 1.0× the median. (14 countries reporting)
- Panama's 30.2% is below the median for high income countries, which is 33.9%, 89% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Benefits incidence in 5th: Domestic Private … Domestic rural in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +100.8% | 27.1% | 54.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.5% | 31.7% | 33.2% | 2 |
| 2010s | 34.9% | 22.4% | 54.3% | 10 |
| 2020s | 31.3% | 30.2% | 32.4% | 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 30.2% 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 54.3% in 2015.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Panama?
- The lowest recorded value was 22.4% in 2012.
- How does Panama rank for benefits incidence in 5th quintile (richest) (%) - domestic private?
- Panama ranks 22nd out of 30 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 15.2%. 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 -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