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

Panama: Adequacy of benefits in 2nd quintile (%) - All Private Transfers was 13.5% in 2023. ▬ Flat

Latest (2023)
13.5%
Change on year
up 1.2%
World rank
31st
of 36 countries
All-time high
16.1%
in 2016
All-time low
12.2%
in 2011
Years of data
14
2008–2023

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

0510152008201520232008: 14.12009: 132010: 14.72011: 12.22012: 14.72013: 14.42014: 14.42015: 15.72016: 16.12017: 15.62018: 142019: 14.82021: 13.42023: 13.5

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 2nd quintile (%) - all private transfers in Panama stood at 13.5%.

Compared with earlier readings it is up 1.2% on the previous year and down 6.2% over ten years.

Over the whole period, adequacy of benefits in 2nd quintile (%) - all private transfers in Panama peaked at 16.1% in 2016 and was at its lowest, 12.2%, in 2011.

Panama ranks 31st 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 in Panama, 2008 to 2023.
Year Value Change
2008 14.1%
2009 13.0% -8.2%
2010 14.7% +13.1%
2011 12.2% -16.8%
2012 14.7% +20.3%
2013 14.4% -1.8%
2014 14.4% -0.3%
2015 15.7% +8.9%
2016 16.1% +3.2%
2017 15.6% -3.2%
2018 14.0% -10.1%
2019 14.8% +5.2%
2021 13.4% -9.6%
2023 13.5% +1.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.5% 13.0% 14.1% 2
2010s 14.7% 12.2% 16.1% 10
2020s 13.4% 13.4% 13.5% 2

Countries ranked near Panama

  1. 28 Chile 16.6% compare
  2. 29 Türkiye 16.5% compare
  3. 30 Brazil 16.1% compare
  4. 32 Ecuador 13.1% compare
  5. 33 Belarus 13.1% compare
  6. 34 Côte d'Ivoire 12.5% 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 13.5% 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 16.1% in 2016.
What is the lowest adequacy of benefits in 2nd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 12.2% in 2011.
How does Panama rank for adequacy of benefits in 2nd quintile (%) - all private transfers?
Panama ranks 31st 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 6.2%. 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. 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 30 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-2nd-quintile-percent-all-private-transfers/panama/

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About this data

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