Coverage in 3rd quintile (%) - Social Pensions in Panama
Panama: Coverage in 3rd quintile (%) - Social Pensions was 10.5% in 2023. ▲ Rising
Coverage in 3rd quintile (%) - Social Pensions in Panama, 2011–2023
Source: ASPIRE.
Analysis
The most recent figure for coverage in 3rd quintile (%) - social pensions in Panama is 10.5%, measured in 2023.
That represents a change of down 5.8% on the previous year and up 21.6% over ten years.
Over the whole period, coverage in 3rd quintile (%) - social pensions in Panama peaked at 13.0% in 2018 and was at its lowest, 7.5%, in 2011.
That places Panama 9th out of 25 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Coverage in 3rd quintile (%) - Social Pensions in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 7.5% | — |
| 2012 | 8.0% | +6.8% |
| 2013 | 8.6% | +7.9% |
| 2014 | 9.2% | +7.0% |
| 2015 | 11.2% | +21.9% |
| 2016 | 12.1% | +7.5% |
| 2017 | 11.2% | -7.1% |
| 2018 | 13.0% | +15.7% |
| 2019 | 10.2% | -21.7% |
| 2021 | 11.1% | +9.4% |
| 2023 | 10.5% | -5.8% |
Panama compared with similar countries
- Panama's 10.5% is above the median for Latin America & Caribbean, which is 8.9%, 1.2× the median. (12 countries reporting)
- Panama's 10.5% is above the median for high income countries, which is 7.4%, 1.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.1% | 7.5% | 13.0% | 9 |
| 2020s | 10.8% | 10.5% | 11.1% | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is coverage in 3rd quintile (%) - social pensions in Panama?
- Coverage in 3rd quintile (%) - social pensions in Panama was 10.5% in 2023, according to ASPIRE.
- What is the highest coverage in 3rd quintile (%) - social pensions recorded in Panama?
- The highest recorded value was 13.0% in 2018.
- What is the lowest coverage in 3rd quintile (%) - social pensions recorded in Panama?
- The lowest recorded value was 7.5% in 2011.
- How does Panama rank for coverage in 3rd quintile (%) - social pensions?
- Panama ranks 9th out of 25 countries with data for 2023.
- Is coverage in 3rd quintile (%) - social pensions rising or falling in Panama?
- Over the last ten years it is up 21.6%. 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 (%) - 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
Percentage of population participating in Social Pensions programs (includes direct and indirect beneficiaries)