Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Panama
Panama: Benefits incidence in 5th quintile (richest) (%) - Domestic Private was 32.0% in 2023. ▲ Rising
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Panama, 2008–2023
Source: ASPIRE.
Analysis
Panama recorded 32.0% for benefits incidence in 5th quintile (richest) (%) - domestic private in 2023.
Compared with earlier readings it is down 27.6% on the previous year and up 110.8% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - domestic private in Panama peaked at 45.4% in 2016 and was at its lowest, 15.2%, in 2013.
Panama ranks 22nd of 31 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) (%) - Domestic Private in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 39.8% | — |
| 2009 | 23.3% | -41.3% |
| 2010 | 23.1% | -1.0% |
| 2011 | 31.0% | +34.2% |
| 2012 | 16.5% | -46.8% |
| 2013 | 15.2% | -8.0% |
| 2014 | 15.7% | +3.3% |
| 2015 | 45.1% | +187.4% |
| 2016 | 45.4% | +0.8% |
| 2017 | 43.2% | -4.9% |
| 2018 | 39.4% | -8.8% |
| 2019 | 41.4% | +4.9% |
| 2021 | 44.2% | +6.8% |
| 2023 | 32.0% | -27.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.6% | 23.3% | 39.8% | 2 |
| 2010s | 31.6% | 15.2% | 45.4% | 10 |
| 2020s | 38.1% | 32.0% | 44.2% | 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 32.0% 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 45.4% in 2016.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Panama?
- The lowest recorded value was 15.2% in 2013.
- How does Panama rank for benefits incidence in 5th quintile (richest) (%) - domestic private?
- Panama ranks 22nd 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 110.8%. 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 -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