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

Panama: Adequacy of benefits in 3rd quintile (%) - All Private Transfers was 11.4% in 2023. ▲ Rising

Latest (2023)
11.4%
Change on year
up 1.0%
World rank
32nd
of 36 countries
All-time high
12.3%
in 2016
All-time low
9.7%
in 2012
Years of data
14
2008–2023

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

02.557.51012.52008201520232008: 11.62009: 10.92010: 11.12011: 10.32012: 9.72013: 10.42014: 10.62015: 11.22016: 12.32017: 12.32018: 12.32019: 11.92021: 11.32023: 11.4

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 3rd quintile (%) - all private transfers in Panama is 11.4%, measured in 2023.

That represents a change of up 1.0% on the previous year and up 9.7% over ten years.

Over the whole period, adequacy of benefits in 3rd quintile (%) - all private transfers in Panama peaked at 12.3% in 2016 and was at its lowest, 9.7%, in 2012.

Panama ranks 32nd 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 in Panama, 2008 to 2023.
Year Value Change
2008 11.6%
2009 10.9% -6.2%
2010 11.1% +2.1%
2011 10.3% -7.9%
2012 9.7% -5.2%
2013 10.4% +7.2%
2014 10.6% +1.7%
2015 11.2% +5.3%
2016 12.3% +10.6%
2017 12.3% -0.7%
2018 12.3% +0.2%
2019 11.9% -3.3%
2021 11.3% -4.7%
2023 11.4% +1.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.3% 10.9% 11.6% 2
2010s 11.2% 9.7% 12.3% 10
2020s 11.4% 11.3% 11.4% 2

Countries ranked near Panama

  1. 29 Brazil 14.7% compare
  2. 30 Chile 14.6% compare
  3. 31 Cote d'Ivoire 14.0% compare
  4. 33 Belarus 10.1% compare
  5. 34 Ecuador 9.8% compare
  6. 35 Burkina Faso 7.8% 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 11.4% 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 12.3% in 2016.
What is the lowest adequacy of benefits in 3rd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 9.7% in 2012.
How does Panama rank for adequacy of benefits in 3rd quintile (%) - all private transfers?
Panama ranks 32nd 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 9.7%. 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. 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 28 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-3rd-quintile-percent-all-private-transfers/panama/

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About this data

Indicator
Adequacy of benefits in 3rd 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