Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers in Panama

Panama: Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers was 31.0% in 2023. ▲ Rising

Latest (2023)
31.0%
Change on year
up 20.9%
World rank
8th
of 31 countries
All-time high
40.3%
in 2016
All-time low
15.0%
in 2014
Years of data
14
2008–2023

Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers in Panama, 2008–2023

0102030402008201520232008: 34.42009: 17.52010: 20.42011: 16.92012: 17.12013: 17.72014: 152015: 33.22016: 40.32017: 29.22018: 34.22019: 37.32021: 25.62023: 31

Source: ASPIRE.

Analysis

In 2023, coverage in 1st quintile (poorest) (%) - domestic private transfers in Panama stood at 31.0%.

Compared with earlier readings it is up 20.9% on the previous year and up 75.5% over ten years.

Over the whole period, coverage in 1st quintile (poorest) (%) - domestic private transfers in Panama peaked at 40.3% in 2016 and was at its lowest, 15.0%, in 2014.

Panama ranks 8th of 31 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers in Panama, year by year

Annual values for Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 34.4%
2009 17.5% -49.1%
2010 20.4% +16.8%
2011 16.9% -17.1%
2012 17.1% +0.9%
2013 17.7% +3.4%
2014 15.0% -15.1%
2015 33.2% +121.7%
2016 40.3% +21.2%
2017 29.2% -27.6%
2018 34.2% +17.4%
2019 37.3% +9.1%
2021 25.6% -31.4%
2023 31.0% +20.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.9% 17.5% 34.4% 2
2010s 26.1% 15.0% 40.3% 10
2020s 28.3% 25.6% 31.0% 2

Countries ranked near Panama

  1. 5 Malawi 44.8% compare
  2. 6 Thailand 37.5% compare
  3. 7 Honduras 34.5% compare
  4. 9 Uruguay 30.9% compare
  5. 10 Peru 26.1% compare
  6. 11 Colombia 26.0% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 1st quintile (poorest) (%) - domestic private transfers in Panama?
Coverage in 1st quintile (poorest) (%) - domestic private transfers in Panama was 31.0% in 2023, according to ASPIRE.
What is the highest coverage in 1st quintile (poorest) (%) - domestic private transfers recorded in Panama?
The highest recorded value was 40.3% in 2016.
What is the lowest coverage in 1st quintile (poorest) (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 15.0% in 2014.
How does Panama rank for coverage in 1st quintile (poorest) (%) - domestic private transfers?
Panama ranks 8th out of 31 countries with data for 2023.
Is coverage in 1st quintile (poorest) (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is up 75.5%. 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 Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers -urban. Statizoid updates them automatically from the source API.

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Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/coverage-in-1st-quintile-poorest-percent-domestic-private-transfers-urban/panama/

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About this data

Indicator
Coverage in 1st quintile (poorest) (%) - Domestic Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 319 data points, 2003–2023
Last refreshed

Percentage of population participating in Domestic Private Transfers programs (includes direct and indirect beneficiaries)