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

Panama: Adequacy of benefits in 1st quintile (poorest) (%) - Contributory was 36.2% in 2023. ▼ Falling

Latest (2023)
36.2%
Change on year
down 5.4%
World rank
29th
of 34 countries
All-time high
48.2%
in 2010
All-time low
33.2%
in 2013
Years of data
14
2008–2023

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

010203040502008201520232008: 47.42009: 41.22010: 48.22011: 38.62012: 38.22013: 33.22014: 37.92015: 40.82016: 372017: 42.52018: 34.52019: 37.52021: 38.32023: 36.2

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama is 36.2%, measured in 2023.

That represents a change of down 5.4% on the previous year and up 9.0% over ten years.

Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - contributory in Panama peaked at 48.2% in 2010 and was at its lowest, 33.2%, in 2013.

Panama ranks 29th of 34 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) (%) - Contributory in Panama, year by year

Annual values for Adequacy of benefits in 1st quintile (poorest) (%) - Contributory Pensions in Panama, 2008 to 2023.
Year Value Change
2008 47.4%
2009 41.2% -13.0%
2010 48.2% +17.1%
2011 38.6% -20.1%
2012 38.2% -0.9%
2013 33.2% -13.0%
2014 37.9% +14.1%
2015 40.8% +7.5%
2016 37.0% -9.3%
2017 42.5% +14.8%
2018 34.5% -18.8%
2019 37.5% +8.8%
2021 38.3% +2.1%
2023 36.2% -5.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 44.3% 41.2% 47.4% 2
2010s 38.8% 33.2% 48.2% 10
2020s 37.2% 36.2% 38.3% 2

Countries ranked near Panama

  1. 26 Dominican Republic 39.7% compare
  2. 27 South Africa 39.7% compare
  3. 28 Argentina 37.4% compare
  4. 30 Peru 34.9% compare
  5. 31 Mexico 30.6% compare
  6. 32 El Salvador 27.5% 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 36.2% 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 48.2% in 2010.
What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - contributory recorded in Panama?
The lowest recorded value was 33.2% in 2013.
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 9.0%. 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. 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 31 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-1st-quintile-poorest-percent-contributory-pensions/panama/

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About this data

Indicator
Adequacy of benefits in 1st quintile (poorest) (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 345 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