Coverage in 3rd quintile (%) - All Social Insurance -urban in Panama

Panama: Coverage in 3rd quintile (%) - All Social Insurance -urban was 30.7% in 2023. ▲ Rising

Latest (2023)
30.7%
Change on year
up 10.8%
World rank
20th
of 37 countries
All-time high
30.7%
in 2023
All-time low
20.7%
in 2013
Years of data
14
2008–2023

Coverage in 3rd quintile (%) - All Social Insurance -urban in Panama, 2008–2023

01020302008201520232008: 23.12009: 24.12010: 22.82011: 21.42012: 21.42013: 20.72014: 21.32015: 24.32016: 232017: 23.72018: 27.82019: 282021: 27.72023: 30.7

Source: ASPIRE.

Analysis

Panama recorded 30.7% for coverage in 3rd quintile (%) - all social insurance -urban in 2023. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 10.8% on the previous year and up 48.4% over ten years.

Over the whole period, coverage in 3rd quintile (%) - all social insurance -urban in Panama peaked at 30.7% in 2023 and was at its lowest, 20.7%, in 2013.

That places Panama 20th 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 3rd quintile (%) - All Social Insurance -urban in Panama, year by year

Annual values for Coverage in 3rd quintile (%) - All Social Insurance -urban in Panama, 2008 to 2023.
Year Value Change
2008 23.1%
2009 24.1% +4.4%
2010 22.8% -5.5%
2011 21.4% -5.9%
2012 21.4% -0.3%
2013 20.7% -3.1%
2014 21.3% +2.9%
2015 24.3% +14.1%
2016 23.0% -5.3%
2017 23.7% +2.7%
2018 27.8% +17.3%
2019 28.0% +0.8%
2021 27.7% -0.9%
2023 30.7% +10.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.6% 23.1% 24.1% 2
2010s 23.4% 20.7% 28.0% 10
2020s 29.2% 27.7% 30.7% 2

Countries ranked near Panama

  1. 17 Argentina 33.6% compare
  2. 18 Kazakhstan 33.5% compare
  3. 19 Brazil 31.0% compare
  4. 21 Costa Rica 22.8% compare
  5. 22 Viet Nam 21.9% compare
  6. 23 Mexico 19.6% 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 3rd quintile (%) - all social insurance -urban in Panama?
Coverage in 3rd quintile (%) - all social insurance -urban in Panama was 30.7% in 2023, according to ASPIRE.
What is the highest coverage in 3rd quintile (%) - all social insurance -urban recorded in Panama?
The highest recorded value was 30.7% in 2023.
What is the lowest coverage in 3rd quintile (%) - all social insurance -urban recorded in Panama?
The lowest recorded value was 20.7% in 2013.
How does Panama rank for coverage in 3rd quintile (%) - all social insurance -urban?
Panama ranks 20th out of 37 countries with data for 2023.
Is coverage in 3rd quintile (%) - all social insurance -urban rising or falling in Panama?
Over the last ten years it is up 48.4%. 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 3rd quintile (%) - All Social Insurance -urban. Statizoid updates them automatically from the source API.

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Coverage in 3rd quintile (%) - All Social Insurance -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 August 2026, from https://labour.statizoid.com/stat/coverage-in-3rd-quintile-percent-all-social-insurance-urban/panama/

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About this data

Indicator
Coverage in 3rd 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)