Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Panama
Panama: Benefits incidence in 5th quintile (richest) (%) - Domestic Private was 32.8% in 2023. ▲ Rising
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for benefits incidence in 5th quintile (richest) (%) - domestic private in Panama is 32.8%, measured in 2023.
Compared with earlier readings it is down 21.7% on the previous year and up 106.3% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - domestic private in Panama peaked at 47.8% in 2015 and was at its lowest, 15.9%, 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 | Value | Change |
|---|---|---|
| 2008 | 42.0% | — |
| 2009 | 30.3% | -27.9% |
| 2010 | 26.4% | -12.7% |
| 2011 | 33.8% | +27.8% |
| 2012 | 21.6% | -36.2% |
| 2013 | 15.9% | -26.2% |
| 2014 | 20.2% | +26.9% |
| 2015 | 47.8% | +136.7% |
| 2016 | 47.3% | -0.9% |
| 2017 | 42.5% | -10.1% |
| 2018 | 40.9% | -3.8% |
| 2019 | 41.8% | +2.2% |
| 2021 | 41.9% | +0.2% |
| 2023 | 32.8% | -21.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.1% | 30.3% | 42.0% | 2 |
| 2010s | 33.8% | 15.9% | 47.8% | 10 |
| 2020s | 37.3% | 32.8% | 41.9% | 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 32.8% 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 47.8% in 2015.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Panama?
- The lowest recorded value was 15.9% 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 106.3%. 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. Statizoid updates them automatically from the source API.
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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