Coverage of social insurance programs in richest quintile in Panama

Panama: Coverage of social insurance programs in richest quintile was 35.3% in 2023. ▲ Rising

Latest (2023)
35.3%
Change on year
up 1.4%
World rank
16th
of 37 countries
All-time high
35.3%
in 2023
All-time low
28.7%
in 2012
Years of data
14
2008–2023

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

0102030402008201520232008: 29.8 % of population2009: 32.7 % of population2010: 32.8 % of population2011: 29.2 % of population2012: 28.7 % of population2013: 30.9 % of population2014: 29.6 % of population2015: 30.2 % of population2016: 32.9 % of population2017: 30.8 % of population2018: 32 % of population2019: 31.9 % of population2021: 34.8 % of population2023: 35.3 % 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 richest quintile in Panama stood at 35.3%. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 1.4% on the previous year and up 14.3% over ten years.

Over the whole period, coverage of social insurance programs in richest quintile in Panama peaked at 35.3% in 2023 and was at its lowest, 28.7%, in 2012.

Panama ranks 16th 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 richest quintile in Panama, year by year

Annual values for Coverage of social insurance programs in richest quintile (% of population) in Panama, 2008 to 2023.
Year % of population Change
2008 29.8%
2009 32.7% +9.9%
2010 32.8% +0.1%
2011 29.2% -10.9%
2012 28.7% -1.7%
2013 30.9% +7.6%
2014 29.6% -4.2%
2015 30.2% +2.2%
2016 32.9% +8.8%
2017 30.8% -6.3%
2018 32.0% +3.9%
2019 31.9% -0.5%
2021 34.8% +9.1%
2023 35.3% +1.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.3% 29.8% 32.7% 2
2010s 30.9% 28.7% 32.9% 10
2020s 35.0% 34.8% 35.3% 2

Countries ranked near Panama

  1. 13 Brazil 39.0% compare
  2. 14 Republic of Moldova 38.7% compare
  3. 15 Argentina 36.9% compare
  4. 17 Romania 33.8% compare
  5. 18 Costa Rica 33.4% compare
  6. 19 Chile 32.9% 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 richest quintile in Panama?
Coverage of social insurance programs in richest quintile in Panama was 35.3% 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 richest quintile recorded in Panama?
The highest recorded value was 35.3% in 2023.
What is the lowest coverage of social insurance programs in richest quintile recorded in Panama?
The lowest recorded value was 28.7% in 2012.
How does Panama rank for coverage of social insurance programs in richest quintile?
Panama ranks 16th out of 37 countries with data for 2023.
Is coverage of social insurance programs in richest quintile rising or falling in Panama?
Over the last ten years it is up 14.3%. 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 richest quintile (% of population). Statizoid updates them automatically from the source API.

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Coverage of social insurance programs in richest 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-richest-quintile-percent-of-population/panama/

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About this data

Indicator
Coverage of social insurance programs in richest 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.