Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Panama

Panama: Adequacy of benefits in 2nd quintile (%) - Contributory Pensions was 43.2% in 2023. ▼ Falling

Latest (2023)
43.2%
Change on year
up 7.6%
World rank
23rd
of 34 countries
All-time high
50.2%
in 2009
All-time low
40.1%
in 2021
Years of data
14
2008–2023

Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Panama, 2008–2023

02040602008201520232008: 48.3 preT2009: 50.2 preT2010: 44.2 preT2011: 48.1 preT2012: 45.5 preT2013: 41.1 preT2014: 44.2 preT2015: 45.8 preT2016: 42.1 preT2017: 42.3 preT2018: 43.8 preT2019: 40.5 preT2021: 40.1 preT2023: 43.2 preT

Source: ASPIRE. Measured in preT.

Analysis

The most recent figure for adequacy of benefits in 2nd quintile (%) - contributory pensions in Panama is 43.2%, measured in 2023.

That represents a change of up 7.6% on the previous year and up 5.0% over ten years.

Over the whole period, adequacy of benefits in 2nd quintile (%) - contributory pensions in Panama peaked at 50.2% in 2009 and was at its lowest, 40.1%, in 2021.

That places Panama 23rd out of 34 countries with data for 2023, putting it in the middle of the range.

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

Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Adequacy of benefits in 2nd quintile (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 48.3%
2009 50.2% +3.9%
2010 44.2% -12.0%
2011 48.1% +8.8%
2012 45.5% -5.3%
2013 41.1% -9.6%
2014 44.2% +7.4%
2015 45.8% +3.6%
2016 42.1% -8.0%
2017 42.3% +0.3%
2018 43.8% +3.7%
2019 40.5% -7.7%
2021 40.1% -0.8%
2023 43.2% +7.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 49.3% 48.3% 50.2% 2
2010s 43.7% 40.5% 48.1% 10
2020s 41.7% 40.1% 43.2% 2

Countries ranked near Panama

  1. 20 Pakistan 45.5% compare
  2. 21 Argentina 44.7% compare
  3. 22 Costa Rica 44.2% compare
  4. 24 Ecuador 43.0% compare
  5. 25 Honduras 40.7% compare
  6. 26 Paraguay 38.6% 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 2nd quintile (%) - contributory pensions in Panama?
Adequacy of benefits in 2nd quintile (%) - contributory pensions in Panama was 43.2% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 2nd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 50.2% in 2009.
What is the lowest adequacy of benefits in 2nd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 40.1% in 2021.
How does Panama rank for adequacy of benefits in 2nd quintile (%) - contributory pensions?
Panama ranks 23rd out of 34 countries with data for 2023.
Is adequacy of benefits in 2nd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 5.0%. 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 2nd quintile (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 2nd quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-2nd-quintile-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Adequacy of benefits in 2nd quintile (%) - Contributory Pensions (preT)
Unit
preT
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