Coverage in 5th quintile (richest) (%) -All Social Protection and in Panama

Panama: Coverage in 5th quintile (richest) (%) -All Social Protection and was 69.4% in 2023. ▲ Rising

Latest (2023)
69.4%
Change on year
down 13.6%
World rank
11th
of 37 countries
All-time high
80.4%
in 2021
All-time low
56.3%
in 2009
Years of data
14
2008–2023

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

0204060802008201520232008: 64.82009: 56.32010: 58.82011: 56.72012: 58.72013: 60.22014: 582015: 662016: 67.52017: 66.92018: 67.92019: 662021: 80.42023: 69.4

Source: ASPIRE.

Analysis

The most recent figure for coverage in 5th quintile (richest) (%) -all social protection and in Panama is 69.4%, measured in 2023.

That represents a change of down 13.6% on the previous year and up 15.3% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) -all social protection and in Panama peaked at 80.4% in 2021 and was at its lowest, 56.3%, in 2009.

That places Panama 11th out of 37 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 Protection and in Panama, year by year

Annual values for Coverage in 5th quintile (richest) (%) -All Social Protection and Labor -rural in Panama, 2008 to 2023.
Year Value Change
2008 64.8%
2009 56.3% -13.1%
2010 58.8% +4.3%
2011 56.7% -3.5%
2012 58.7% +3.6%
2013 60.2% +2.6%
2014 58.0% -3.6%
2015 66.0% +13.7%
2016 67.5% +2.4%
2017 66.9% -0.9%
2018 67.9% +1.4%
2019 66.0% -2.8%
2021 80.4% +21.7%
2023 69.4% -13.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 60.6% 56.3% 64.8% 2
2010s 62.7% 56.7% 67.9% 10
2020s 74.9% 69.4% 80.4% 2

Countries ranked near Panama

  1. 8 Poland 73.6% compare
  2. 9 Russian Federation 71.4% compare
  3. 10 South Africa 71.0% compare
  4. 12 Romania 67.7% compare
  5. 13 Armenia 67.4% compare
  6. 14 Belarus 65.8% compare

See the full ranking of 37 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 5th quintile (richest) (%) -all social protection and in Panama?
Coverage in 5th quintile (richest) (%) -all social protection and in Panama was 69.4% in 2023, according to ASPIRE.
What is the highest coverage in 5th quintile (richest) (%) -all social protection and recorded in Panama?
The highest recorded value was 80.4% in 2021.
What is the lowest coverage in 5th quintile (richest) (%) -all social protection and recorded in Panama?
The lowest recorded value was 56.3% in 2009.
How does Panama rank for coverage in 5th quintile (richest) (%) -all social protection and?
Panama ranks 11th out of 37 countries with data for 2023.
Is coverage in 5th quintile (richest) (%) -all social protection and rising or falling in Panama?
Over the last ten years it is up 15.3%. 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 Protection and Labor -rural. Statizoid updates them automatically from the source API.

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Coverage in 5th quintile (richest) (%) -All Social Protection and in Panama. Statizoid, drawing on ASPIRE. Retrieved 04 September 2026, from https://labour.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-all-social-protection-and-labor-rural/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) -All Social Protection and Labor -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 365 data points, 2002–2023
Last refreshed

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