Adequacy of benefits in 1st quintile (poorest) (%) - All Private in Panama

Panama: Adequacy of benefits in 1st quintile (poorest) (%) - All Private was 20.2% in 2023. ▼ Falling

Latest (2023)
20.2%
Change on year
up 13.2%
World rank
24th
of 35 countries
All-time high
32.3%
in 2013
All-time low
17.0%
in 2015
Years of data
14
2008–2023

Adequacy of benefits in 1st quintile (poorest) (%) - All Private in Panama, 2008–2023

01020302008201520232008: 19.12009: 24.62010: 26.72011: 17.12012: 17.42013: 32.32014: 20.12015: 172016: 18.52017: 20.92018: 20.12019: 21.72021: 17.92023: 20.2

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama stood at 20.2%.

That represents a change of up 13.2% on the previous year and down 37.3% over ten years.

Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama peaked at 32.3% in 2013 and was at its lowest, 17.0%, in 2015.

Panama ranks 24th of 35 countries on this measure, in the middle of the range.

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

Adequacy of benefits in 1st quintile (poorest) (%) - All Private in Panama, year by year

Annual values for Adequacy of benefits in 1st quintile (poorest) (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 19.1%
2009 24.6% +28.5%
2010 26.7% +8.7%
2011 17.1% -36.0%
2012 17.4% +1.8%
2013 32.3% +85.3%
2014 20.1% -37.8%
2015 17.0% -15.4%
2016 18.5% +9.0%
2017 20.9% +13.0%
2018 20.1% -3.7%
2019 21.7% +7.9%
2021 17.9% -17.7%
2023 20.2% +13.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.9% 19.1% 24.6% 2
2010s 21.2% 17.0% 32.3% 10
2020s 19.1% 17.9% 20.2% 2

Countries ranked near Panama

  1. 21 Mexico 25.8% compare
  2. 22 Chile 23.0% compare
  3. 23 Bolivia, Plurinational State of 21.6% compare
  4. 25 Türkiye 20.0% compare
  5. 26 Kazakhstan 19.9% compare
  6. 27 Mongolia 19.2% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama?
Adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama was 20.2% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 1st quintile (poorest) (%) - all private recorded in Panama?
The highest recorded value was 32.3% in 2013.
What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - all private recorded in Panama?
The lowest recorded value was 17.0% in 2015.
How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) - all private?
Panama ranks 24th out of 35 countries with data for 2023.
Is adequacy of benefits in 1st quintile (poorest) (%) - all private rising or falling in Panama?
Over the last ten years it is down 37.3%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Adequacy of benefits in 1st quintile (poorest) (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 1st quintile (poorest) (%) - All Private in Panama. Statizoid, drawing on ASPIRE. Retrieved 07 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-1st-quintile-poorest-percent-all-private-transfers-rural/panama/

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About this data

Indicator
Adequacy of benefits in 1st quintile (poorest) (%) - All Private Transfers -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 334 data points, 2002–2023
Last refreshed

Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group