Adequacy of benefits in 3rd quintile (%) - Contributory Pensions in Panama

Panama: Adequacy of benefits in 3rd quintile (%) - Contributory Pensions was 36.8% in 2023. ▼ Falling

Latest (2023)
36.8%
Change on year
down 8.6%
World rank
24th
of 34 countries
All-time high
46.0%
in 2008
All-time low
34.0%
in 2019
Years of data
14
2008–2023

Adequacy of benefits in 3rd quintile (%) - Contributory Pensions in Panama, 2008–2023

010203040502008201520232008: 46 preT2009: 39.7 preT2010: 42.6 preT2011: 42.9 preT2012: 38.6 preT2013: 35.4 preT2014: 36.8 preT2015: 37.5 preT2016: 36 preT2017: 37.3 preT2018: 36.3 preT2019: 34 preT2021: 40.3 preT2023: 36.8 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 36.8% for adequacy of benefits in 3rd quintile (%) - contributory pensions in 2023.

That represents a change of down 8.6% on the previous year and up 4.0% over ten years.

Over the whole period, adequacy of benefits in 3rd quintile (%) - contributory pensions in Panama peaked at 46.0% in 2008 and was at its lowest, 34.0%, in 2019.

Panama ranks 24th of 34 countries on this measure, 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 3rd quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Adequacy of benefits in 3rd quintile (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 46.0%
2009 39.7% -13.7%
2010 42.6% +7.2%
2011 42.9% +0.7%
2012 38.6% -10.1%
2013 35.4% -8.2%
2014 36.8% +4.1%
2015 37.5% +1.7%
2016 36.0% -3.8%
2017 37.3% +3.5%
2018 36.3% -2.7%
2019 34.0% -6.4%
2021 40.3% +18.5%
2023 36.8% -8.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.9% 39.7% 46.0% 2
2010s 37.7% 34.0% 42.9% 10
2020s 38.5% 36.8% 40.3% 2

Countries ranked near Panama

  1. 21 Kyrgyzstan 39.5% compare
  2. 22 Paraguay 38.9% compare
  3. 23 Ukraine 38.4% compare
  4. 25 Armenia 36.6% compare
  5. 26 Viet Nam 36.1% compare
  6. 27 Mexico 33.7% 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 3rd quintile (%) - contributory pensions in Panama?
Adequacy of benefits in 3rd quintile (%) - contributory pensions in Panama was 36.8% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 3rd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 46.0% in 2008.
What is the lowest adequacy of benefits in 3rd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 34.0% in 2019.
How does Panama rank for adequacy of benefits in 3rd quintile (%) - contributory pensions?
Panama ranks 24th out of 34 countries with data for 2023.
Is adequacy of benefits in 3rd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 4.0%. 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 3rd quintile (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 3rd quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-3rd-quintile-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Adequacy of benefits in 3rd 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