Coverage in 5th quintile (richest) (%) - All Social Insurance -rural in Panama

Panama: Coverage in 5th quintile (richest) (%) - All Social Insurance -rural was 23.5% in 2023. ▲ Rising

Latest (2023)
23.5%
Change on year
down 6.2%
World rank
18th
of 33 countries
All-time high
25.0%
in 2021
All-time low
19.2%
in 2016
Years of data
14
2008–2023

Coverage in 5th quintile (richest) (%) - All Social Insurance -rural in Panama, 2008–2023

01020302008201520232008: 21.62009: 22.52010: 20.52011: 21.62012: 20.82013: 21.42014: 21.12015: 19.92016: 19.22017: 19.92018: 20.72019: 24.62021: 252023: 23.5

Source: ASPIRE.

Analysis

The most recent figure for coverage in 5th quintile (richest) (%) - all social insurance -rural in Panama is 23.5%, measured in 2023.

The figure is down 6.2% on the previous year and up 10.0% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) - all social insurance -rural in Panama peaked at 25.0% in 2021 and was at its lowest, 19.2%, in 2016.

That places Panama 18th out of 33 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 5th quintile (richest) (%) - All Social Insurance -rural in Panama, year by year

Annual values for Coverage in 5th quintile (richest) (%) - All Social Insurance -rural in Panama, 2008 to 2023.
Year Value Change
2008 21.6%
2009 22.5% +4.2%
2010 20.5% -8.9%
2011 21.6% +5.7%
2012 20.8% -3.8%
2013 21.4% +2.6%
2014 21.1% -1.1%
2015 19.9% -5.6%
2016 19.2% -3.7%
2017 19.9% +3.7%
2018 20.7% +3.8%
2019 24.6% +19.2%
2021 25.0% +1.7%
2023 23.5% -6.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.0% 21.6% 22.5% 2
2010s 21.0% 19.2% 24.6% 10
2020s 24.3% 23.5% 25.0% 2

Countries ranked near Panama

  1. 15 Uruguay 35.9% compare
  2. 16 Kosovo 30.0% compare
  3. 16 Kosovo (UNSCR 1244) 30.0% compare
  4. 19 Costa Rica 21.0% compare
  5. 20 Ecuador 17.7% compare
  6. 21 Sri Lanka 16.1% compare

See the full ranking of 33 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 5th quintile (richest) (%) - all social insurance -rural in Panama?
Coverage in 5th quintile (richest) (%) - all social insurance -rural in Panama was 23.5% in 2023, according to ASPIRE.
What is the highest coverage in 5th quintile (richest) (%) - all social insurance -rural recorded in Panama?
The highest recorded value was 25.0% in 2021.
What is the lowest coverage in 5th quintile (richest) (%) - all social insurance -rural recorded in Panama?
The lowest recorded value was 19.2% in 2016.
How does Panama rank for coverage in 5th quintile (richest) (%) - all social insurance -rural?
Panama ranks 18th out of 33 countries with data for 2023.
Is coverage in 5th quintile (richest) (%) - all social insurance -rural rising or falling in Panama?
Over the last ten years it is up 10.0%. 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 5th quintile (richest) (%) - All Social Insurance -rural. Statizoid updates them automatically from the source API.

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Coverage in 5th quintile (richest) (%) - All Social Insurance -rural in Panama. Statizoid, drawing on ASPIRE. Retrieved 01 September 2026, from https://labour.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-all-social-insurance-rural/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) - All Social Insurance -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 310 data points, 2002–2023
Last refreshed

Percentage of population participating in Social Insurance programs (includes direct and indirect beneficiaries)