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

Panama: Adequacy of benefits in 1st quintile (poorest) (%) - Contributory was 37.1% in 2023. ▼ Falling

Latest (2023)
37.1%
Change on year
up 3.6%
World rank
27th
of 34 countries
All-time high
47.5%
in 2010
All-time low
32.8%
in 2016
Years of data
14
2008–2023

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

010203040502008201520232008: 41.22009: 46.72010: 47.52011: 42.82012: 44.82013: 342014: 43.72015: 412016: 32.82017: 382018: 35.52019: 37.12021: 35.82023: 37.1

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama is 37.1%, measured in 2023.

The figure is up 3.6% on the previous year and up 9.1% over ten years.

Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama peaked at 47.5% in 2010 and was at its lowest, 32.8%, in 2016.

That places Panama 27th 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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 41.2%
2009 46.7% +13.5%
2010 47.5% +1.6%
2011 42.8% -9.8%
2012 44.8% +4.6%
2013 34.0% -24.0%
2014 43.7% +28.6%
2015 41.0% -6.2%
2016 32.8% -20.2%
2017 38.0% +15.9%
2018 35.5% -6.5%
2019 37.1% +4.6%
2021 35.8% -3.5%
2023 37.1% +3.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 44.0% 41.2% 46.7% 2
2010s 39.7% 32.8% 47.5% 10
2020s 36.5% 35.8% 37.1% 2

Countries ranked near Panama

  1. 25 Dominican Republic 39.1% compare
  2. 26 Argentina 37.4% compare
  3. 28 Ecuador 35.7% compare
  4. 29 Paraguay 33.4% compare
  5. 30 Pakistan 33.0% 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 37.1% 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 47.5% in 2010.
What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - contributory recorded in Panama?
The lowest recorded value was 32.8% in 2016.
How does Panama rank for adequacy of benefits in 1st quintile (poorest) (%) - contributory?
Panama ranks 27th 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 9.1%. 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 -urban. 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 05 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-1st-quintile-poorest-percent-contributory-pensions-urban/panama/

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About this data

Indicator
Adequacy of benefits in 1st quintile (poorest) (%) - Contributory Pensions -urban
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