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

Panama: Adequacy of benefits in 1st quintile (poorest) (%) - Contributory was 31.4% in 2023. ▼ Falling

Latest (2023)
31.4%
Change on year
up 4.6%
World rank
26th
of 30 countries
All-time high
58.8%
in 2016
All-time low
30.0%
in 2021
Years of data
14
2008–2023

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

02040602008201520232008: 572009: 38.52010: 35.62011: 532012: 40.72013: 32.42014: 31.52015: 38.82016: 58.82017: 42.22018: 40.12019: 34.82021: 302023: 31.4

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama stood at 31.4%.

The figure is up 4.6% on the previous year and down 3.3% over ten years.

Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama peaked at 58.8% in 2016 and was at its lowest, 30.0%, in 2021.

That places Panama 26th out of 30 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 -rural in Panama, 2008 to 2023.
Year Value Change
2008 57.0%
2009 38.5% -32.4%
2010 35.6% -7.5%
2011 53.0% +48.8%
2012 40.7% -23.3%
2013 32.4% -20.3%
2014 31.5% -3.0%
2015 38.8% +23.2%
2016 58.8% +51.6%
2017 42.2% -28.1%
2018 40.1% -5.0%
2019 34.8% -13.3%
2021 30.0% -13.8%
2023 31.4% +4.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 47.7% 38.5% 57.0% 2
2010s 40.8% 31.5% 58.8% 10
2020s 30.7% 30.0% 31.4% 2

Countries ranked near Panama

  1. 24 Dominican Republic 41.2% compare
  2. 25 Viet Nam 40.0% compare
  3. 27 El Salvador 28.1% compare
  4. 28 Mexico 28.1% compare
  5. 29 Côte d'Ivoire 26.2% compare

See the full ranking of 30 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 31.4% 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 58.8% in 2016.
What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - contributory recorded in Panama?
The lowest recorded value was 30.0% in 2021.
How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) - contributory?
Panama ranks 26th out of 30 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 down 3.3%. 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) (%) - Contributory Pensions -rural. 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-rural/panama/

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About this data

Indicator
Adequacy of benefits in 1st quintile (poorest) (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 273 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