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

Panama: Coverage in 5th quintile (richest) (%) - Domestic Private Transfers was 15.7% in 2023. ▲ Rising

Latest (2023)
15.7%
Change on year
down 12.1%
World rank
14th
of 31 countries
All-time high
21.2%
in 2016
All-time low
4.9%
in 2014
Years of data
14
2008–2023

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

51015202008201520232008: 20.12009: 6.22010: 72011: 62012: 5.42013: 52014: 4.92015: 18.32016: 21.22017: 16.92018: 18.92019: 18.32021: 17.82023: 15.7

Source: ASPIRE.

Analysis

Panama recorded 15.7% for coverage in 5th quintile (richest) (%) - domestic private transfers in 2023.

Compared with earlier readings it is down 12.1% on the previous year and up 213.0% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) - domestic private transfers in Panama peaked at 21.2% in 2016 and was at its lowest, 4.9%, in 2014.

That places Panama 14th out of 31 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) (%) - Domestic Private Transfers in Panama, year by year

Annual values for Coverage in 5th quintile (richest) (%) - Domestic Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 20.1%
2009 6.2% -68.8%
2010 7.0% +12.1%
2011 6.0% -14.4%
2012 5.4% -9.5%
2013 5.0% -7.8%
2014 4.9% -2.3%
2015 18.3% +275.4%
2016 21.2% +15.7%
2017 16.9% -20.5%
2018 18.9% +11.8%
2019 18.3% -3.2%
2021 17.8% -2.5%
2023 15.7% -12.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.1% 6.2% 20.1% 2
2010s 12.2% 4.9% 21.2% 10
2020s 16.7% 15.7% 17.8% 2

Countries ranked near Panama

  1. 11 Mongolia 17.3% compare
  2. 12 Thailand 17.0% compare
  3. 13 Peru 16.4% compare
  4. 15 Armenia 15.4% compare
  5. 16 Turkey 13.6% compare
  6. 17 El Salvador 12.6% 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 15.7% 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 21.2% in 2016.
What is the lowest coverage in 5th quintile (richest) (%) - domestic private transfers recorded in Panama?
The lowest recorded value was 4.9% 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 213.0%. 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) (%) - Domestic Private Transfers. 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 27 August 2026, from https://labour.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-domestic-private-transfers/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) - Domestic Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 321 data points, 2003–2023
Last refreshed

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