Coverage of social insurance programs in Panama

Panama: Coverage of social insurance programs was 23.4% in 2023. ▲ Rising

Latest (2023)
23.4%
Change on year
up 7.0%
World rank
19th
of 36 countries
All-time high
23.4%
in 2023
All-time low
16.3%
in 2008
Years of data
14
2008–2023

Coverage of social insurance programs in Panama, 2008–2023

05101520252008201520232008: 16.3 % of population2009: 18.7 % of population2010: 18.4 % of population2011: 17.5 % of population2012: 17.2 % of population2013: 17.2 % of population2014: 17.9 % of population2015: 18 % of population2016: 18.7 % of population2017: 19.5 % of population2018: 20.8 % of population2019: 21.4 % of population2021: 21.9 % of population2023: 23.4 % of population

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

Analysis

The most recent figure for coverage of social insurance programs in Panama is 23.4%, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 7.0% on the previous year and up 36.2% over ten years.

Over the whole period, coverage of social insurance programs in Panama peaked at 23.4% in 2023 and was at its lowest, 16.3%, in 2008.

That places Panama 19th out of 36 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 of social insurance programs in Panama, year by year

Annual values for Coverage of social insurance programs (% of population) in Panama, 2008 to 2023.
Year % of population Change
2008 16.3%
2009 18.7% +15.1%
2010 18.4% -1.8%
2011 17.5% -5.0%
2012 17.2% -1.2%
2013 17.2% -0.4%
2014 17.9% +4.1%
2015 18.0% +0.7%
2016 18.7% +3.9%
2017 19.5% +4.3%
2018 20.8% +6.7%
2019 21.4% +2.9%
2021 21.9% +2.1%
2023 23.4% +7.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.5% 16.3% 18.7% 2
2010s 18.7% 17.2% 21.4% 10
2020s 22.6% 21.9% 23.4% 2

Countries ranked near Panama

  1. 16 Uruguay 34.9% compare
  2. 17 Argentina 31.6% compare
  3. 18 Brazil 28.3% compare
  4. 20 Costa Rica 21.7% compare
  5. 21 Mexico 16.2% compare
  6. 22 Ecuador 14.9% 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 Panama?
Coverage of social insurance programs in Panama was 23.4% 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 recorded in Panama?
The highest recorded value was 23.4% in 2023.
What is the lowest coverage of social insurance programs recorded in Panama?
The lowest recorded value was 16.3% in 2008.
How does Panama rank for coverage of social insurance programs?
Panama ranks 19th out of 36 countries with data for 2023.
Is coverage of social insurance programs rising or falling in Panama?
Over the last ten years it is up 36.2%. 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 (% of population). Statizoid updates them automatically from the source API.

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Coverage of social insurance programs in Panama. Statizoid, drawing on ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Retrieved 27 August 2026, from https://labour.statizoid.com/stat/coverage-of-social-insurance-programs-percent-of-population/panama/

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About this data

Indicator
Coverage of social insurance programs (% 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.