Coverage of social insurance programs in 2nd quintile in Panama

Panama: Coverage of social insurance programs in 2nd quintile was 17.5% in 2023. ▲ Rising

Latest (2023)
17.5%
Change on year
up 4.8%
World rank
19th
of 36 countries
All-time high
17.5%
in 2023
All-time low
9.1%
in 2008
Years of data
14
2008–2023

Coverage of social insurance programs in 2nd quintile in Panama, 2008–2023

051015202008201520232008: 9.1 % of population2009: 11.9 % of population2010: 12.5 % of population2011: 11.1 % of population2012: 12 % of population2013: 12.8 % of population2014: 12.3 % of population2015: 12.3 % of population2016: 13.6 % of population2017: 14.6 % of population2018: 14 % of population2019: 15.6 % of population2021: 16.7 % of population2023: 17.5 % of population

Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of population.

Analysis

Panama recorded 17.5% for coverage of social insurance programs in 2nd quintile in 2023. That is the highest value across all 14 years on record.

The figure is up 4.8% on the previous year and up 36.3% over ten years.

Over the whole period, coverage of social insurance programs in 2nd quintile in Panama peaked at 17.5% in 2023 and was at its lowest, 9.1%, in 2008.

Panama ranks 19th of 36 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Coverage of social insurance programs in 2nd quintile in Panama, year by year

Annual values for Coverage of social insurance programs in 2nd quintile (% of population) in Panama, 2008 to 2023.
Year % of population Change
2008 9.1%
2009 11.9% +30.2%
2010 12.5% +5.7%
2011 11.1% -11.9%
2012 12.0% +8.1%
2013 12.8% +7.4%
2014 12.3% -4.4%
2015 12.3% +0.3%
2016 13.6% +10.5%
2017 14.6% +7.0%
2018 14.0% -3.8%
2019 15.6% +11.7%
2021 16.7% +6.8%
2023 17.5% +4.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.5% 9.1% 11.9% 2
2010s 13.1% 11.1% 15.6% 10
2020s 17.1% 16.7% 17.5% 2

Countries ranked near Panama

  1. 16 Türkiye 32.4% compare
  2. 17 Argentina 28.5% compare
  3. 18 Brazil 23.4% compare
  4. 20 Costa Rica 17.3% compare
  5. 21 Mexico 10.8% compare
  6. 22 Ecuador 9.2% compare

See the full ranking of 36 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage of social insurance programs in 2nd quintile in Panama?
Coverage of social insurance programs in 2nd quintile in Panama was 17.5% in 2023, according to ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB).
What is the highest coverage of social insurance programs in 2nd quintile recorded in Panama?
The highest recorded value was 17.5% in 2023.
What is the lowest coverage of social insurance programs in 2nd quintile recorded in Panama?
The lowest recorded value was 9.1% in 2008.
How does Panama rank for coverage of social insurance programs in 2nd quintile?
Panama ranks 19th out of 36 countries with data for 2023.
Is coverage of social insurance programs in 2nd quintile rising or falling in Panama?
Over the last ten years it is up 36.3%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB), published as part of Coverage of social insurance programs in 2nd quintile (% of population). Statizoid updates them automatically from the source API.

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Coverage of social insurance programs in 2nd quintile in Panama. Statizoid, drawing on ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Retrieved 03 September 2026, from https://labour.statizoid.com/stat/coverage-of-social-insurance-programs-in-2nd-quintile-percent-of-population/panama/

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About this data

Indicator
Coverage of social insurance programs in 2nd quintile (% of population)
Unit
% of population
Source
ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 364 data points, 2002–2023
Last refreshed

Coverage of social insurance programs shows the percentage of population participating in programs that provide old age contributory pensions (including survivors and disability) and social security and health insurance benefits (including occupational injury benefits, paid sick leave, maternity and other social insurance). Estimates include both direct and indirect beneficiaries.