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

Panama: Coverage in 2nd quintile (%) - Social Pensions was 12.9% in 2023. ▲ Rising

Latest (2023)
12.9%
Change on year
down 10.7%
World rank
10th
of 25 countries
All-time high
18.1%
in 2016
All-time low
8.2%
in 2012
Years of data
11
2011–2023

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

051015202011201720232011: 11.22012: 8.22013: 8.82014: 9.82015: 15.82016: 18.12017: 16.22018: 17.32019: 15.62021: 14.42023: 12.9

Source: ASPIRE.

Analysis

In 2023, coverage in 2nd quintile (%) - social pensions in Panama stood at 12.9%.

That represents a change of down 10.7% on the previous year and up 45.8% over ten years.

Over the whole period, coverage in 2nd quintile (%) - social pensions in Panama peaked at 18.1% in 2016 and was at its lowest, 8.2%, in 2012.

Panama ranks 10th 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 13.5% 8.2% 18.1% 9
2020s 13.6% 12.9% 14.4% 2

Countries ranked near Panama

  1. 7 Kazakhstan 14.8% compare
  2. 8 Paraguay 14.2% compare
  3. 9 Costa Rica 13.0% compare
  4. 11 Colombia 10.1% compare
  5. 12 Sri Lanka 7.9% compare
  6. 13 Peru 7.8% compare

See the full ranking of 25 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 2nd quintile (%) - social pensions in Panama?
Coverage in 2nd quintile (%) - social pensions in Panama was 12.9% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - social pensions recorded in Panama?
The highest recorded value was 18.1% in 2016.
What is the lowest coverage in 2nd quintile (%) - social pensions recorded in Panama?
The lowest recorded value was 8.2% in 2012.
How does Panama rank for coverage in 2nd quintile (%) - social pensions?
Panama ranks 10th 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 45.8%. 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. Statizoid updates them automatically from the source API.

Download this data

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

About this data

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