Coverage in 5th quintile (richest) (%) - Domestic Private Transfers in Panama

Panama: Coverage in 5th quintile (richest) (%) - Domestic Private Transfers was 21.0% in 2023. ◆ Volatile

Latest (2023)
21.0%
Change on year
up 1.5%
World rank
12th
of 30 countries
All-time high
29.2%
in 2008
All-time low
5.2%
in 2009
Years of data
14
2008–2023

Coverage in 5th quintile (richest) (%) - Domestic Private Transfers in Panama, 2008–2023

510152025302008201520232008: 29.22009: 5.22010: 6.52011: 7.92012: 6.82013: 8.32014: 6.52015: 262016: 26.22017: 23.32018: 24.62019: 22.52021: 20.72023: 21

Source: ASPIRE.

Analysis

Panama recorded 21.0% for coverage in 5th quintile (richest) (%) - domestic private transfers in 2023.

That represents a change of up 1.5% on the previous year and up 153.5% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) - domestic private transfers in Panama peaked at 29.2% in 2008 and was at its lowest, 5.2%, in 2009.

Panama ranks 12th of 30 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Coverage in 5th quintile (richest) (%) - Domestic Private Transfers in Panama, year by year

Annual values for Coverage in 5th quintile (richest) (%) - Domestic Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 29.2%
2009 5.2% -82.3%
2010 6.5% +25.9%
2011 7.9% +20.5%
2012 6.8% -14.0%
2013 8.3% +22.5%
2014 6.5% -21.9%
2015 26.0% +302.4%
2016 26.2% +0.7%
2017 23.3% -10.9%
2018 24.6% +5.3%
2019 22.5% -8.5%
2021 20.7% -8.1%
2023 21.0% +1.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.2% 5.2% 29.2% 2
2010s 15.8% 6.5% 26.2% 10
2020s 20.8% 20.7% 21.0% 2

Countries ranked near Panama

  1. 9 Honduras 23.5% compare
  2. 10 Thailand 23.5% compare
  3. 11 Burkina Faso 22.1% compare
  4. 13 Mongolia 18.1% compare
  5. 14 Mexico 17.6% compare
  6. 15 El Salvador 15.6% compare

See the full ranking of 30 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 5th quintile (richest) (%) - domestic private transfers in Panama?
Coverage in 5th quintile (richest) (%) - domestic private transfers in Panama was 21.0% in 2023, according to ASPIRE.
What is the highest coverage in 5th quintile (richest) (%) - domestic private transfers recorded in Panama?
The highest recorded value was 29.2% in 2008.
What is the lowest coverage in 5th quintile (richest) (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 5.2% in 2009.
How does Panama rank for coverage in 5th quintile (richest) (%) - domestic private transfers?
Panama ranks 12th out of 30 countries with data for 2023.
Is coverage in 5th quintile (richest) (%) - domestic private transfers rising or falling in Panama?
Over the last ten years it is up 153.5%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Coverage in 5th quintile (richest) (%) - Domestic Private Transfers -rural. Statizoid updates them automatically from the source API.

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Coverage in 5th quintile (richest) (%) - Domestic Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 31 August 2026, from https://labour.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-domestic-private-transfers-rural/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) - Domestic Private Transfers -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 295 data points, 2003–2023
Last refreshed

Percentage of population participating in Domestic Private Transfers programs (includes direct and indirect beneficiaries)