Coverage in 2nd quintile (%) - Social Pensions in Panama

Panama: Coverage in 2nd quintile (%) - Social Pensions was 11.6% in 2023. β–² Rising

Latest (2023)
11.6%
Change on year
down 9.6%
World rank
9th
of 25 countries
All-time high
15.7%
in 2016
All-time low
7.2%
in 2012
Years of data
11
2011–2023

Coverage in 2nd quintile (%) - Social Pensions in Panama, 2011–2023

0510152011201720232011: 9.4 preT2012: 7.2 preT2013: 8.6 preT2014: 9.2 preT2015: 13.3 preT2016: 15.7 preT2017: 14 preT2018: 15.1 preT2019: 12.4 preT2021: 12.8 preT2023: 11.6 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 11.6% for coverage in 2nd quintile (%) - social pensions in 2023.

Compared with earlier readings it is down 9.6% on the previous year and up 33.8% over ten years.

Over the whole period, coverage in 2nd quintile (%) - social pensions in Panama peaked at 15.7% in 2016 and was at its lowest, 7.2%, in 2012.

Panama ranks 9th of 25 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.7% 7.2% 15.7% 9
2020s 12.2% 11.6% 12.8% 2

Countries ranked near Panama

  1. 6 Bolivia 17.8% compare
  2. 7 Kazakhstan 14.2% compare
  3. 8 Paraguay 11.9% compare
  4. 10 Costa Rica 10.1% compare
  5. 11 Colombia 10.0% compare
  6. 12 Sri Lanka 7.4% compare

See the full ranking of 25 places β†’

More work & labour data for Panama

All data for Panama β†’

Frequently asked questions

What is coverage in 2nd quintile (%) - social pensions in Panama?
Coverage in 2nd quintile (%) - social pensions in Panama was 11.6% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - social pensions recorded in Panama?
The highest recorded value was 15.7% in 2016.
What is the lowest coverage in 2nd quintile (%) - social pensions recorded in Panama?
The lowest recorded value was 7.2% in 2012.
How does Panama rank for coverage in 2nd quintile (%) - social pensions?
Panama ranks 9th out of 25 countries with data for 2023.
Is coverage in 2nd quintile (%) - social pensions rising or falling in Panama?
Over the last ten years it is up 33.8%. 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 Coverage in 2nd quintile (%) - Social Pensions (preT). Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Coverage in 2nd quintile (%) - Social Pensions (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
25 places, 222 data points, 2004–2023
Last refreshed

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