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

Panama: Adequacy of benefits in 1st quintile (poorest) (%) - All Private was 17.3% in 2023. ▼ Falling

Latest (2023)
17.3%
Change on year
up 7.8%
World rank
30th
of 36 countries
All-time high
21.5%
in 2008
All-time low
16.0%
in 2021
Years of data
14
2008–2023

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

051015202008201520232008: 21.52009: 17.62010: 18.52011: 20.32012: 202013: 19.22014: 19.32015: 19.42016: 18.92017: 19.42018: 17.72019: 18.92021: 162023: 17.3

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama stood at 17.3%.

The figure is up 7.8% on the previous year and down 10.2% over ten years.

Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama peaked at 21.5% in 2008 and was at its lowest, 16.0%, in 2021.

Panama ranks 30th of 36 countries on this measure, in the bottom quarter.

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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 21.5%
2009 17.6% -17.8%
2010 18.5% +5.2%
2011 20.3% +9.3%
2012 20.0% -1.3%
2013 19.2% -4.0%
2014 19.3% +0.5%
2015 19.4% +0.3%
2016 18.9% -2.3%
2017 19.4% +2.7%
2018 17.7% -8.9%
2019 18.9% +6.6%
2021 16.0% -15.1%
2023 17.3% +7.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.5% 17.6% 21.5% 2
2010s 19.2% 17.7% 20.3% 10
2020s 16.6% 16.0% 17.3% 2

Countries ranked near Panama

  1. 27 Uruguay 20.9% compare
  2. 28 Mexico 20.3% compare
  3. 29 Türkiye 17.9% compare
  4. 31 Ecuador 16.5% compare
  5. 32 Côte d'Ivoire 15.8% compare
  6. 33 Pakistan 15.6% compare

See the full ranking of 36 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 17.3% 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 21.5% in 2008.
What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - all private recorded in Panama?
The lowest recorded value was 16.0% in 2021.
How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) - all private?
Panama ranks 30th out of 36 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 10.2%. 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 -urban. 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 08 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-1st-quintile-poorest-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Adequacy of benefits in 1st quintile (poorest) (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 350 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