Coverage in 4th quintile (%) - Domestic Private Transfers in Panama

Panama: Coverage in 4th quintile (%) - Domestic Private Transfers was 21.7% in 2023. ▲ Rising

Latest (2023)
21.7%
Change on year
up 4.5%
World rank
11th
of 31 countries
All-time high
30.2%
in 2008
All-time low
8.5%
in 2014
Years of data
14
2008–2023

Coverage in 4th quintile (%) - Domestic Private Transfers in Panama, 2008–2023

10152025302008201520232008: 30.22009: 11.32010: 10.82011: 112012: 10.22013: 9.92014: 8.52015: 28.42016: 29.12017: 26.62018: 26.92019: 28.92021: 20.82023: 21.7

Source: ASPIRE.

Analysis

In 2023, coverage in 4th quintile (%) - domestic private transfers in Panama stood at 21.7%.

The figure is up 4.5% on the previous year and up 119.1% over ten years.

Over the whole period, coverage in 4th quintile (%) - domestic private transfers in Panama peaked at 30.2% in 2008 and was at its lowest, 8.5%, in 2014.

That places Panama 11th out of 31 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 4th quintile (%) - Domestic Private Transfers in Panama, year by year

Annual values for Coverage in 4th quintile (%) - Domestic Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 30.2% —
2009 11.3% -62.7%
2010 10.8% -3.9%
2011 11.0% +1.7%
2012 10.2% -7.5%
2013 9.9% -2.6%
2014 8.5% -14.2%
2015 28.4% +234.5%
2016 29.1% +2.4%
2017 26.6% -8.6%
2018 26.9% +1.3%
2019 28.9% +7.4%
2021 20.8% -28.2%
2023 21.7% +4.5%

Panama compared with similar countries

  • Panama's 21.7% is above the median for Latin America & Caribbean, which is 16.4%, 1.3× the median. (15 countries reporting)
  • Panama's 21.7% is above the median for high income countries, which is 14.0%, 1.6× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Coverage in 4th quintile (%) - Domestic Private Transfers in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +234.5% 8.5% 28.4%
2009 -62.7% 30.2% 11.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.7% 11.3% 30.2% 2
2010s 19.0% 8.5% 29.1% 10
2020s 21.2% 20.8% 21.7% 2

Countries ranked near Panama

  1. 8 Honduras 28.3% compare
  2. 9 Peru 24.9% compare
  3. 10 Thailand 23.6% compare
  4. 12 Bolivia 19.3% compare
  5. 13 Mongolia 18.2% compare
  6. 14 Burkina Faso 17.7% compare

See the full ranking of 31 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 4th quintile (%) - domestic private transfers in Panama?
Coverage in 4th quintile (%) - domestic private transfers in Panama was 21.7% in 2023, according to ASPIRE.
What is the highest coverage in 4th quintile (%) - domestic private transfers recorded in Panama?
The highest recorded value was 30.2% in 2008.
What is the lowest coverage in 4th quintile (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 8.5% in 2014.
How does Panama rank for coverage in 4th quintile (%) - domestic private transfers?
Panama ranks 11th out of 31 countries with data for 2023.
Is coverage in 4th quintile (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is up 119.1%. 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 4th quintile (%) - Domestic Private Transfers. Statizoid updates them automatically from the source API.

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Coverage in 4th quintile (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 11 November 2026, from https://labour.statizoid.com/stat/coverage-in-4th-quintile-percent-domestic-private-transfers/panama/

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About this data

Indicator
Coverage in 4th 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)