Adequacy of benefits in 2nd quintile (%) - All Private Transfers in Panama

Panama: Adequacy of benefits in 2nd quintile (%) - All Private Transfers was 13.8% in 2023. ▲ Rising

Latest (2023)
13.8%
Change on year
down 0.7%
World rank
32nd
of 36 countries
All-time high
16.3%
in 2016
All-time low
12.7%
in 2009
Years of data
14
2008–2023

Adequacy of benefits in 2nd quintile (%) - All Private Transfers in Panama, 2008–2023

0510152008201520232008: 14.2 preT2009: 12.7 preT2010: 14.4 preT2011: 13 preT2012: 14.9 preT2013: 14.9 preT2014: 14.2 preT2015: 16 preT2016: 16.3 preT2017: 15.8 preT2018: 14.3 preT2019: 15.1 preT2021: 13.9 preT2023: 13.8 preT

Source: ASPIRE. Measured in preT.

Analysis

The most recent figure for adequacy of benefits in 2nd quintile (%) - all private transfers in Panama is 13.8%, measured in 2023.

The figure is down 0.7% on the previous year and down 7.0% over ten years.

Over the whole period, adequacy of benefits in 2nd quintile (%) - all private transfers in Panama peaked at 16.3% in 2016 and was at its lowest, 12.7%, in 2009.

Panama ranks 32nd of 36 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Adequacy of benefits in 2nd quintile (%) - All Private Transfers in Panama, year by year

Annual values for Adequacy of benefits in 2nd quintile (%) - All Private Transfers (preT) in Panama, 2008 to 2023.
Year preT Change
2008 14.2%
2009 12.7% -10.6%
2010 14.4% +13.2%
2011 13.0% -9.9%
2012 14.9% +14.9%
2013 14.9% -0.4%
2014 14.2% -4.5%
2015 16.0% +12.5%
2016 16.3% +2.1%
2017 15.8% -2.8%
2018 14.3% -9.4%
2019 15.1% +4.9%
2021 13.9% -7.6%
2023 13.8% -0.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.5% 12.7% 14.2% 2
2010s 14.9% 13.0% 16.3% 10
2020s 13.9% 13.8% 13.9% 2

Countries ranked near Panama

  1. 29 Uruguay 16.9% compare
  2. 30 Brazil 16.1% compare
  3. 31 Ecuador 13.9% compare
  4. 33 Côte d'Ivoire 12.3% compare
  5. 34 Belarus 11.9% compare
  6. 35 Malawi 8.7% 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 2nd quintile (%) - all private transfers in Panama?
Adequacy of benefits in 2nd quintile (%) - all private transfers in Panama was 13.8% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 2nd quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 16.3% in 2016.
What is the lowest adequacy of benefits in 2nd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 12.7% in 2009.
How does Panama rank for adequacy of benefits in 2nd quintile (%) - all private transfers?
Panama ranks 32nd out of 36 countries with data for 2023.
Is adequacy of benefits in 2nd quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is down 7.0%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) - All Private Transfers (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 2nd quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-2nd-quintile-percent-all-private-transfers-pret/panama/

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About this data

Indicator
Adequacy of benefits in 2nd quintile (%) - All Private Transfers (preT)
Unit
preT
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