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

Panama: Adequacy of benefits in 1st quintile (poorest) (%) - All Private was 19.6% in 2023. ▼ Falling

Latest (2023)
19.6%
Change on year
up 2.7%
World rank
30th
of 36 countries
All-time high
26.0%
in 2012
All-time low
19.1%
in 2021
Years of data
14
2008–2023

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

01020302008201520232008: 21.62009: 22.82010: 21.82011: 22.52012: 262013: 232014: 23.42015: 22.82016: 22.12017: 222018: 20.22019: 22.12021: 19.12023: 19.6

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama is 19.6%, measured in 2023.

That represents a change of up 2.7% on the previous year and down 14.5% over ten years.

Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - all private in Panama peaked at 26.0% in 2012 and was at its lowest, 19.1%, 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 in Panama, 2008 to 2023.
Year Value Change
2008 21.6%
2009 22.8% +5.8%
2010 21.8% -4.3%
2011 22.5% +3.2%
2012 26.0% +15.4%
2013 23.0% -11.7%
2014 23.4% +1.7%
2015 22.8% -2.3%
2016 22.1% -3.3%
2017 22.0% -0.4%
2018 20.2% -8.1%
2019 22.1% +9.3%
2021 19.1% -13.4%
2023 19.6% +2.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.2% 21.6% 22.8% 2
2010s 22.6% 20.2% 26.0% 10
2020s 19.4% 19.1% 19.6% 2

Countries ranked near Panama

  1. 27 Peru 21.8% compare
  2. 28 Uruguay 20.8% compare
  3. 29 Kazakhstan 20.7% compare
  4. 31 Türkiye 17.9% compare
  5. 32 Côte d'Ivoire 14.8% compare
  6. 33 Ecuador 14.0% 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 19.6% 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 26.0% in 2012.
What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - all private recorded in Panama?
The lowest recorded value was 19.1% 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 14.5%. 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. 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 04 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-1st-quintile-poorest-percent-all-private-transfers/panama/

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About this data

Indicator
Adequacy of benefits in 1st quintile (poorest) (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 351 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