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

Panama: Adequacy of benefits in 3rd quintile (%) - All Private Transfers was 8.7% in 2023. ▬ Flat

Latest (2023)
8.7%
Change on year
down 12.9%
World rank
35th
of 36 countries
All-time high
12.2%
in 2016
All-time low
8.7%
in 2023
Years of data
14
2008–2023

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

02.557.51012.52008201520232008: 9.82009: 102010: 10.92011: 9.72012: 9.62013: 9.62014: 9.92015: 11.22016: 12.22017: 11.42018: 9.92019: 10.92021: 102023: 8.7

Source: ASPIRE.

Analysis

Panama recorded 8.7% for adequacy of benefits in 3rd quintile (%) - all private transfers in 2023. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 12.9% on the previous year and down 8.9% over ten years.

Over the whole period, adequacy of benefits in 3rd quintile (%) - all private transfers in Panama peaked at 12.2% in 2016 and was at its lowest, 8.7%, in 2023.

Panama ranks 35th of 36 countries on this measure, in the bottom quarter.

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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 9.8%
2009 10.0% +2.0%
2010 10.9% +8.8%
2011 9.7% -10.7%
2012 9.6% -0.5%
2013 9.6% -0.8%
2014 9.9% +3.9%
2015 11.2% +13.0%
2016 12.2% +8.9%
2017 11.4% -6.7%
2018 9.9% -13.1%
2019 10.9% +10.0%
2021 10.0% -8.3%
2023 8.7% -12.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.9% 9.8% 10.0% 2
2010s 10.5% 9.6% 12.2% 10
2020s 9.4% 8.7% 10.0% 2

Countries ranked near Panama

  1. 32 Cote d'Ivoire 13.0% compare
  2. 33 Ecuador 10.3% compare
  3. 34 Belarus 10.1% compare
  4. 36 Burkina Faso 7.9% 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 8.7% 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 12.2% in 2016.
What is the lowest adequacy of benefits in 3rd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 8.7% in 2023.
How does Panama rank for adequacy of benefits in 3rd quintile (%) - all private transfers?
Panama ranks 35th 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 down 8.9%. 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 3rd quintile (%) - All Private Transfers -urban. 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 02 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-3rd-quintile-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Adequacy of benefits in 3rd 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