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

Panama: Adequacy of benefits in 2nd quintile (%) - All Private Transfers was 12.4% in 2023. ▬ Flat

Latest (2023)
12.4%
Change on year
up 3.2%
World rank
34th
of 36 countries
All-time high
13.0%
in 2016
All-time low
10.4%
in 2011
Years of data
14
2008–2023

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

0510152008201520232008: 12.92009: 12.42010: 12.62011: 10.42012: 12.32013: 12.12014: 12.32015: 12.12016: 132017: 12.32018: 12.52019: 12.62021: 122023: 12.4

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 2nd quintile (%) - all private transfers in Panama is 12.4%, measured in 2023.

That represents a change of up 3.2% on the previous year and up 3.0% over ten years.

Over the whole period, adequacy of benefits in 2nd quintile (%) - all private transfers in Panama peaked at 13.0% in 2016 and was at its lowest, 10.4%, in 2011.

Panama ranks 34th of 36 countries on this measure, in the bottom quarter.

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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 12.9%
2009 12.4% -3.9%
2010 12.6% +1.8%
2011 10.4% -17.6%
2012 12.3% +18.3%
2013 12.1% -1.8%
2014 12.3% +1.8%
2015 12.1% -1.1%
2016 13.0% +7.1%
2017 12.3% -5.6%
2018 12.5% +1.9%
2019 12.6% +1.3%
2021 12.0% -4.9%
2023 12.4% +3.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.6% 12.4% 12.9% 2
2010s 12.2% 10.4% 13.0% 10
2020s 12.2% 12.0% 12.4% 2

Countries ranked near Panama

  1. 31 Belarus 13.4% compare
  2. 32 Pakistan 12.9% compare
  3. 33 Ecuador 12.6% compare
  4. 35 Burkina Faso 6.7% compare
  5. 36 Malawi 5.5% 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 12.4% 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 13.0% in 2016.
What is the lowest adequacy of benefits in 2nd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 10.4% in 2011.
How does Panama rank for adequacy of benefits in 2nd quintile (%) - all private transfers?
Panama ranks 34th 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 up 3.0%. The long-run trend across the full record is flat.
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 -urban. 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 04 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-2nd-quintile-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Adequacy of benefits in 2nd quintile (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 350 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