Coverage in 4th quintile (%) - Social Pensions in Panama

Panama: Coverage in 4th quintile (%) - Social Pensions was 5.1% in 2023. ▲ Rising

Latest (2023)
5.1%
Change on year
down 32.3%
World rank
10th
of 25 countries
All-time high
8.6%
in 2019
All-time low
5.1%
in 2023
Years of data
11
2011–2023

Coverage in 4th quintile (%) - Social Pensions in Panama, 2011–2023

024682011201720232011: 6.62012: 5.62013: 6.52014: 5.72015: 6.82016: 7.92017: 7.52018: 6.92019: 8.62021: 7.62023: 5.1

Source: ASPIRE.

Analysis

In 2023, coverage in 4th quintile (%) - social pensions in Panama stood at 5.1%. That is the lowest value across all 11 years on record.

Compared with earlier readings it is down 32.3% on the previous year and down 20.8% over ten years.

Over the whole period, coverage in 4th quintile (%) - social pensions in Panama peaked at 8.6% in 2019 and was at its lowest, 5.1%, in 2023.

That places Panama 10th 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.9% 5.6% 8.6% 9
2020s 6.4% 5.1% 7.6% 2

Countries ranked near Panama

  1. 7 Kazakhstan 10.7% compare
  2. 8 Paraguay 8.0% compare
  3. 9 Costa Rica 5.3% compare
  4. 11 Colombia 4.6% compare
  5. 12 Moldova 4.0% compare
  6. 13 Sri Lanka 3.7% 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 4th quintile (%) - social pensions in Panama?
Coverage in 4th quintile (%) - social pensions in Panama was 5.1% in 2023, according to ASPIRE.
What is the highest coverage in 4th quintile (%) - social pensions recorded in Panama?
The highest recorded value was 8.6% in 2019.
What is the lowest coverage in 4th quintile (%) - social pensions recorded in Panama?
The lowest recorded value was 5.1% in 2023.
How does Panama rank for coverage in 4th quintile (%) - social pensions?
Panama ranks 10th out of 25 countries with data for 2023.
Is coverage in 4th quintile (%) - social pensions rising or falling in Panama?
Over the last ten years it is down 20.8%. 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 4th 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 4th 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)