Coverage in 3rd quintile (%) - Domestic Private Transfers in Panama

Panama: Coverage in 3rd quintile (%) - Domestic Private Transfers was 29.3% in 2023. β–² Rising

Latest (2023)
29.3%
Change on year
up 22.6%
World rank
8th
of 31 countries
All-time high
36.5%
in 2016
All-time low
11.8%
in 2014
Years of data
14
2008–2023

Coverage in 3rd quintile (%) - Domestic Private Transfers in Panama, 2008–2023

1015202530352008201520232008: 27.62009: 13.72010: 14.72011: 13.92012: 16.22013: 14.62014: 11.82015: 29.42016: 36.52017: 29.92018: 32.82019: 34.42021: 23.92023: 29.3

Source: ASPIRE.

Analysis

Panama recorded 29.3% for coverage in 3rd quintile (%) - domestic private transfers in 2023.

Compared with earlier readings it is up 22.6% on the previous year and up 100.4% over ten years.

Over the whole period, coverage in 3rd quintile (%) - domestic private transfers in Panama peaked at 36.5% in 2016 and was at its lowest, 11.8%, 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.6% 13.7% 27.6% 2
2010s 23.4% 11.8% 36.5% 10
2020s 26.6% 23.9% 29.3% 2

Countries ranked near Panama

  1. 5 Dominican Republic 40.2% compare
  2. 6 Pakistan 35.3% compare
  3. 7 Thailand 32.5% compare
  4. 9 Poland 29.1% compare
  5. 10 Honduras 27.6% compare
  6. 11 Peru 24.6% compare

See the full ranking of 31 places β†’

More work & labour data for Panama

All data for Panama β†’

Frequently asked questions

What is coverage in 3rd quintile (%) - domestic private transfers in Panama?
Coverage in 3rd quintile (%) - domestic private transfers in Panama was 29.3% in 2023, according to ASPIRE.
What is the highest coverage in 3rd quintile (%) - domestic private transfers recorded in Panama?
The highest recorded value was 36.5% in 2016.
What is the lowest coverage in 3rd quintile (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 11.8% in 2014.
How does Panama rank for coverage in 3rd quintile (%) - domestic private transfers?
Panama ranks 8th out of 31 countries with data for 2023.
Is coverage in 3rd quintile (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is up 100.4%. 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 (%) - Domestic Private Transfers. Statizoid updates them automatically from the source API.

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Coverage in 3rd quintile (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/coverage-in-3rd-quintile-percent-domestic-private-transfers/panama/

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About this data

Indicator
Coverage in 3rd quintile (%) - Domestic Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 321 data points, 2003–2023
Last refreshed

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