Coverage of social insurance programs in 3rd quintile in Panama
Panama: Coverage of social insurance programs in 3rd quintile was 25.7% in 2023. ▲ Rising
Coverage of social insurance programs in 3rd quintile in Panama, 2008–2023
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of population.
Analysis
In 2023, coverage of social insurance programs in 3rd quintile in Panama stood at 25.7%. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 8.8% on the previous year and up 52.6% over ten years.
Over the whole period, coverage of social insurance programs in 3rd quintile in Panama peaked at 25.7% in 2023 and was at its lowest, 16.4%, in 2010.
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 3rd quintile in Panama, year by year
| Year | % of population | Change |
|---|---|---|
| 2008 | 17.1% | — |
| 2009 | 18.1% | +5.6% |
| 2010 | 16.4% | -9.5% |
| 2011 | 17.6% | +7.7% |
| 2012 | 17.9% | +1.7% |
| 2013 | 16.8% | -6.0% |
| 2014 | 17.5% | +4.1% |
| 2015 | 18.0% | +2.5% |
| 2016 | 18.2% | +1.0% |
| 2017 | 19.3% | +6.2% |
| 2018 | 22.6% | +17.1% |
| 2019 | 23.7% | +4.9% |
| 2021 | 23.6% | -0.2% |
| 2023 | 25.7% | +8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.6% | 17.1% | 18.1% | 2 |
| 2010s | 18.8% | 16.4% | 23.7% | 10 |
| 2020s | 24.7% | 23.6% | 25.7% | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is coverage of social insurance programs in 3rd quintile in Panama?
- Coverage of social insurance programs in 3rd quintile in Panama was 25.7% 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 3rd quintile recorded in Panama?
- The highest recorded value was 25.7% in 2023.
- What is the lowest coverage of social insurance programs in 3rd quintile recorded in Panama?
- The lowest recorded value was 16.4% in 2010.
- How does Panama rank for coverage of social insurance programs in 3rd quintile?
- Panama ranks 19th out of 36 countries with data for 2023.
- Is coverage of social insurance programs in 3rd quintile rising or falling in Panama?
- Over the last ten years it is up 52.6%. 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 3rd quintile (% of population). Statizoid updates them automatically from the source API.
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About this data
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.