Coverage in 2nd quintile (%) - All Social Insurance -urban in Panama

Panama: Coverage in 2nd quintile (%) - All Social Insurance -urban was 21.8% in 2023. ▲ Rising

Latest (2023)
21.8%
Change on year
down 1.1%
World rank
21st
of 37 countries
All-time high
22.6%
in 2019
All-time low
14.1%
in 2008
Years of data
14
2008–2023

Coverage in 2nd quintile (%) - All Social Insurance -urban in Panama, 2008–2023

05101520252008201520232008: 14.12009: 16.72010: 16.72011: 162012: 18.22013: 16.82014: 17.92015: 172016: 19.12017: 19.22018: 222019: 22.62021: 222023: 21.8

Source: ASPIRE.

Analysis

The most recent figure for coverage in 2nd quintile (%) - all social insurance -urban in Panama is 21.8%, measured in 2023.

The figure is down 1.1% on the previous year and up 29.2% over ten years.

Over the whole period, coverage in 2nd quintile (%) - all social insurance -urban in Panama peaked at 22.6% in 2019 and was at its lowest, 14.1%, in 2008.

That places Panama 21st out of 37 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.

Coverage in 2nd quintile (%) - All Social Insurance -urban in Panama, year by year

Annual values for Coverage in 2nd quintile (%) - All Social Insurance -urban in Panama, 2008 to 2023.
Year Value Change
2008 14.1%
2009 16.7% +18.9%
2010 16.7% +0.1%
2011 16.0% -4.3%
2012 18.2% +13.4%
2013 16.8% -7.2%
2014 17.9% +6.0%
2015 17.0% -4.8%
2016 19.1% +12.0%
2017 19.2% +0.6%
2018 22.0% +14.8%
2019 22.6% +2.4%
2021 22.0% -2.5%
2023 21.8% -1.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.4% 14.1% 16.7% 2
2010s 18.5% 16.0% 22.6% 10
2020s 21.9% 21.8% 22.0% 2

Countries ranked near Panama

  1. 18 Argentina 28.5% compare
  2. 19 Brazil 23.4% compare
  3. 20 Costa Rica 22.7% compare
  4. 22 Mexico 14.0% compare
  5. 23 Vietnam 13.7% compare
  6. 24 Ecuador 8.8% compare

See the full ranking of 37 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 2nd quintile (%) - all social insurance -urban in Panama?
Coverage in 2nd quintile (%) - all social insurance -urban in Panama was 21.8% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - all social insurance -urban recorded in Panama?
The highest recorded value was 22.6% in 2019.
What is the lowest coverage in 2nd quintile (%) - all social insurance -urban recorded in Panama?
The lowest recorded value was 14.1% in 2008.
How does Panama rank for coverage in 2nd quintile (%) - all social insurance -urban?
Panama ranks 21st out of 37 countries with data for 2023.
Is coverage in 2nd quintile (%) - all social insurance -urban rising or falling in Panama?
Over the last ten years it is up 29.2%. 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 Coverage in 2nd quintile (%) - All Social Insurance -urban. Statizoid updates them automatically from the source API.

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Coverage in 2nd quintile (%) - All Social Insurance -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 29 August 2026, from https://labour.statizoid.com/stat/coverage-in-2nd-quintile-percent-all-social-insurance-urban/panama/

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About this data

Indicator
Coverage in 2nd quintile (%) - All Social Insurance -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 369 data points, 2002–2023
Last refreshed

Percentage of population participating in Social Insurance programs (includes direct and indirect beneficiaries)