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

Panama: Coverage in 5th quintile (richest) (%) -All Social Protection and was 55.3% in 2023. ▲ Rising

Latest (2023)
55.3%
Change on year
down 18.3%
World rank
15th
of 39 countries
All-time high
67.7%
in 2021
All-time low
37.3%
in 2011
Years of data
14
2008–2023

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

02040602008201520232008: 48.12009: 39.52010: 41.32011: 37.32012: 39.32013: 44.32014: 41.12015: 46.82016: 46.82017: 47.72018: 53.52019: 54.62021: 67.72023: 55.3

Source: ASPIRE.

Analysis

In 2023, coverage in 5th quintile (richest) (%) -all social protection and in Panama stood at 55.3%.

That represents a change of down 18.3% on the previous year and up 24.8% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) -all social protection and in Panama peaked at 67.7% in 2021 and was at its lowest, 37.3%, in 2011.

That places Panama 15th out of 39 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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 48.1%
2009 39.5% -17.8%
2010 41.3% +4.6%
2011 37.3% -9.7%
2012 39.3% +5.3%
2013 44.3% +12.9%
2014 41.1% -7.3%
2015 46.8% +13.8%
2016 46.8% +0.1%
2017 47.7% +1.9%
2018 53.5% +12.1%
2019 54.6% +2.1%
2021 67.7% +23.9%
2023 55.3% -18.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 43.8% 39.5% 48.1% 2
2010s 45.3% 37.3% 54.6% 10
2020s 61.5% 55.3% 67.7% 2

Countries ranked near Panama

  1. 12 Russian Federation 58.9% compare
  2. 13 Romania 57.6% compare
  3. 14 Kazakhstan 56.2% compare
  4. 16 Indonesia 51.2% compare
  5. 17 Georgia 51.2% compare
  6. 18 Costa Rica 50.6% compare

See the full ranking of 39 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 55.3% 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 67.7% in 2021.
What is the lowest coverage in 5th quintile (richest) (%) -all social protection and recorded in Panama?
The lowest recorded value was 37.3% in 2011.
How does Panama rank for coverage in 5th quintile (richest) (%) -all social protection and?
Panama ranks 15th out of 39 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 24.8%. 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 5th quintile (richest) (%) -All Social Protection and Labor -urban. 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 05 September 2026, from https://labour.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-all-social-protection-and-labor-urban/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) -All Social Protection and Labor -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 390 data points, 2002–2023
Last refreshed

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