Adequacy of benefits in 3rd quintile (%) - All Private Transfers in Panama

Panama: Adequacy of benefits in 3rd quintile (%) - All Private Transfers was 11.2% in 2023. ▲ Rising

Latest (2023)
11.2%
Change on year
down 2.5%
World rank
33rd
of 36 countries
All-time high
12.6%
in 2017
All-time low
9.7%
in 2011
Years of data
14
2008–2023

Adequacy of benefits in 3rd quintile (%) - All Private Transfers in Panama, 2008–2023

0510152008201520232008: 11.2 preT2009: 10.7 preT2010: 11.3 preT2011: 9.7 preT2012: 10.2 preT2013: 10.5 preT2014: 10.7 preT2015: 11.2 preT2016: 12.3 preT2017: 12.6 preT2018: 12.1 preT2019: 12.2 preT2021: 11.5 preT2023: 11.2 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, adequacy of benefits in 3rd quintile (%) - all private transfers in Panama stood at 11.2%.

Compared with earlier readings it is down 2.5% on the previous year and up 6.8% over ten years.

Over the whole period, adequacy of benefits in 3rd quintile (%) - all private transfers in Panama peaked at 12.6% in 2017 and was at its lowest, 9.7%, in 2011.

Panama ranks 33rd 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 3rd quintile (%) - All Private Transfers in Panama, year by year

Annual values for Adequacy of benefits in 3rd quintile (%) - All Private Transfers (preT) in Panama, 2008 to 2023.
Year preT Change
2008 11.2%
2009 10.7% -4.4%
2010 11.3% +6.2%
2011 9.7% -14.6%
2012 10.2% +5.5%
2013 10.5% +3.1%
2014 10.7% +1.1%
2015 11.2% +5.0%
2016 12.3% +10.1%
2017 12.6% +2.4%
2018 12.1% -4.4%
2019 12.2% +1.0%
2021 11.5% -5.4%
2023 11.2% -2.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.9% 10.7% 11.2% 2
2010s 11.3% 9.7% 12.6% 10
2020s 11.4% 11.2% 11.5% 2

Countries ranked near Panama

  1. 30 Peru 15.3% compare
  2. 31 Côte d'Ivoire 14.2% compare
  3. 32 Belarus 11.7% compare
  4. 34 Ecuador 10.0% compare
  5. 35 Burkina Faso 7.9% compare
  6. 36 Malawi 6.5% 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 3rd quintile (%) - all private transfers in Panama?
Adequacy of benefits in 3rd quintile (%) - all private transfers in Panama was 11.2% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 3rd quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 12.6% in 2017.
What is the lowest adequacy of benefits in 3rd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 9.7% in 2011.
How does Panama rank for adequacy of benefits in 3rd quintile (%) - all private transfers?
Panama ranks 33rd out of 36 countries with data for 2023.
Is adequacy of benefits in 3rd quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 6.8%. 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 3rd quintile (%) - All Private Transfers (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 3rd quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-3rd-quintile-percent-all-private-transfers-pret/panama/

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About this data

Indicator
Adequacy of benefits in 3rd 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