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

Panama: Coverage in 5th quintile (richest) (%) - Domestic Private Transfers was 15.2% in 2023. ◆ Volatile

Latest (2023)
15.2%
Change on year
down 10.3%
World rank
14th
of 31 countries
All-time high
19.4%
in 2016
All-time low
3.9%
in 2014
Years of data
14
2008–2023

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

51015202008201520232008: 18.52009: 5.42010: 6.62011: 52012: 4.12013: 4.72014: 3.92015: 17.72016: 19.42017: 16.32018: 16.92019: 16.82021: 16.92023: 15.2

Source: ASPIRE.

Analysis

In 2023, coverage in 5th quintile (richest) (%) - domestic private transfers in Panama stood at 15.2%.

The figure is down 10.3% on the previous year and up 221.9% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) - domestic private transfers in Panama peaked at 19.4% in 2016 and was at its lowest, 3.9%, in 2014.

Panama ranks 14th of 31 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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 18.5%
2009 5.4% -71.0%
2010 6.6% +22.9%
2011 5.0% -23.7%
2012 4.1% -18.1%
2013 4.7% +14.0%
2014 3.9% -17.0%
2015 17.7% +351.9%
2016 19.4% +9.7%
2017 16.3% -16.0%
2018 16.9% +4.0%
2019 16.8% -0.8%
2021 16.9% +0.8%
2023 15.2% -10.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.0% 5.4% 18.5% 2
2010s 11.1% 3.9% 19.4% 10
2020s 16.0% 15.2% 16.9% 2

Countries ranked near Panama

  1. 11 Mongolia 17.4% compare
  2. 12 Peru 15.8% compare
  3. 13 Armenia 15.7% compare
  4. 15 Thailand 14.9% compare
  5. 16 Turkey 13.6% compare
  6. 17 Kazakhstan 12.3% compare

See the full ranking of 31 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 15.2% 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 19.4% in 2016.
What is the lowest coverage in 5th quintile (richest) (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 3.9% in 2014.
How does Panama rank for coverage in 5th quintile (richest) (%) - domestic private transfers?
Panama ranks 14th out of 31 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 221.9%. 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 -urban. 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 02 September 2026, from https://labour.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-domestic-private-transfers-urban/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) - Domestic Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 319 data points, 2003–2023
Last refreshed

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