Coverage of social insurance programs in poorest quintile in Panama

Panama: Coverage of social insurance programs in poorest quintile was 8.0% in 2023. ▲ Rising

Latest (2023)
8.0%
Change on year
up 13.0%
World rank
21st
of 37 countries
All-time high
8.0%
in 2023
All-time low
2.6%
in 2008
Years of data
14
2008–2023

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

24682008201520232008: 2.6 % of population2009: 5.1 % of population2010: 4.8 % of population2011: 5.6 % of population2012: 5.2 % of population2013: 5 % of population2014: 6.1 % of population2015: 4.5 % of population2016: 4.9 % of population2017: 7.5 % of population2018: 7.8 % of population2019: 5.8 % of population2021: 7.1 % of population2023: 8 % of population

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 poorest quintile in Panama stood at 8.0%. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 13.0% on the previous year and up 62.0% over ten years.

Over the whole period, coverage of social insurance programs in poorest quintile in Panama peaked at 8.0% in 2023 and was at its lowest, 2.6%, in 2008.

Panama ranks 21st of 37 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 poorest quintile in Panama, year by year

Annual values for Coverage of social insurance programs in poorest quintile (% of population) in Panama, 2008 to 2023.
Year % of population Change
2008 2.6%
2009 5.1% +94.0%
2010 4.8% -7.0%
2011 5.6% +17.1%
2012 5.2% -7.1%
2013 5.0% -4.0%
2014 6.1% +22.3%
2015 4.5% -26.0%
2016 4.9% +9.0%
2017 7.5% +52.3%
2018 7.8% +4.4%
2019 5.8% -25.9%
2021 7.1% +23.5%
2023 8.0% +13.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.9% 2.6% 5.1% 2
2010s 5.7% 4.5% 7.8% 10
2020s 7.6% 7.1% 8.0% 2

Countries ranked near Panama

  1. 18 Uruguay 19.7% compare
  2. 19 Brazil 9.8% compare
  3. 20 Costa Rica 8.3% compare
  4. 22 Mexico 5.1% compare
  5. 23 Viet Nam 3.9% compare
  6. 24 Dominican Republic 3.0% compare

See the full ranking of 37 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is coverage of social insurance programs in poorest quintile in Panama?
Coverage of social insurance programs in poorest quintile in Panama was 8.0% 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 poorest quintile recorded in Panama?
The highest recorded value was 8.0% in 2023.
What is the lowest coverage of social insurance programs in poorest quintile recorded in Panama?
The lowest recorded value was 2.6% in 2008.
How does Panama rank for coverage of social insurance programs in poorest quintile?
Panama ranks 21st out of 37 countries with data for 2023.
Is coverage of social insurance programs in poorest quintile rising or falling in Panama?
Over the last ten years it is up 62.0%. 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 poorest quintile (% of population). Statizoid updates them automatically from the source API.

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Coverage of social insurance programs in poorest quintile in Panama. Statizoid, drawing on ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Retrieved 05 September 2026, from https://labour.statizoid.com/stat/coverage-of-social-insurance-programs-in-poorest-quintile-percent-of-population/panama/

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About this data

Indicator
Coverage of social insurance programs in poorest 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
37 places, 369 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.