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

Panama: Adequacy of benefits in 1st quintile (poorest) (%) - Contributory was 44.3% in 2023. ▼ Falling

Latest (2023)
44.3%
Change on year
up 0.7%
World rank
29th
of 34 countries
All-time high
60.1%
in 2008
All-time low
42.5%
in 2018
Years of data
14
2008–2023

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

02040602008201520232008: 60.1 preT2009: 53.5 preT2010: 56.7 preT2011: 52.4 preT2012: 52.6 preT2013: 42.5 preT2014: 46.9 preT2015: 51 preT2016: 47.7 preT2017: 50.5 preT2018: 42.5 preT2019: 46.1 preT2021: 44 preT2023: 44.3 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama stood at 44.3%.

Compared with earlier readings it is up 0.7% on the previous year and up 4.1% over ten years.

Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama peaked at 60.1% in 2008 and was at its lowest, 42.5%, in 2018.

That places Panama 29th out of 34 countries with data for 2023, putting it 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) (%) - Contributory in Panama, year by year

Annual values for Adequacy of benefits in 1st quintile (poorest) (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 60.1%
2009 53.5% -10.9%
2010 56.7% +5.8%
2011 52.4% -7.5%
2012 52.6% +0.4%
2013 42.5% -19.1%
2014 46.9% +10.2%
2015 51.0% +8.7%
2016 47.7% -6.5%
2017 50.5% +6.0%
2018 42.5% -15.9%
2019 46.1% +8.4%
2021 44.0% -4.5%
2023 44.3% +0.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 56.8% 53.5% 60.1% 2
2010s 48.9% 42.5% 56.7% 10
2020s 44.1% 44.0% 44.3% 2

Countries ranked near Panama

  1. 26 Costa Rica 51.9% compare
  2. 27 Paraguay 47.1% compare
  3. 28 Argentina 47.1% compare
  4. 30 Dominican Republic 43.9% compare
  5. 31 Peru 43.0% compare
  6. 32 Mexico 41.0% compare

See the full ranking of 34 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama?
Adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama was 44.3% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 1st quintile (poorest) (%) - contributory recorded in Panama?
The highest recorded value was 60.1% in 2008.
What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - contributory recorded in Panama?
The lowest recorded value was 42.5% in 2018.
How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) - contributory?
Panama ranks 29th out of 34 countries with data for 2023.
Is adequacy of benefits in 1st quintile (poorest) (%) - contributory rising or falling in Panama?
Over the last ten years it is up 4.1%. 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) (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 1st quintile (poorest) (%) - Contributory in Panama. Statizoid, drawing on ASPIRE. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-1st-quintile-poorest-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Adequacy of benefits in 1st quintile (poorest) (%) - Contributory Pensions (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 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