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

Panama: Adequacy of benefits in 3rd quintile (%) - Contributory Pensions was 30.0% in 2023. ▼ Falling

Latest (2023)
30.0%
Change on year
down 11.8%
World rank
28th
of 34 countries
All-time high
37.6%
in 2009
All-time low
30.0%
in 2023
Years of data
14
2008–2023

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

0102030402008201520232008: 36.82009: 37.62010: 33.62011: 36.72012: 35.42013: 32.72014: 33.52015: 332016: 33.42017: 33.72018: 32.32019: 30.92021: 342023: 30

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 3rd quintile (%) - contributory pensions in Panama stood at 30.0%. That is the lowest value across all 14 years on record.

The figure is down 11.8% on the previous year and down 8.2% over ten years.

Over the whole period, adequacy of benefits in 3rd quintile (%) - contributory pensions in Panama peaked at 37.6% in 2009 and was at its lowest, 30.0%, in 2023.

Panama ranks 28th of 34 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 37.2% 36.8% 37.6% 2
2010s 33.5% 30.9% 36.7% 10
2020s 32.0% 30.0% 34.0% 2

Countries ranked near Panama

  1. 25 Chile 35.4% compare
  2. 26 Ecuador 34.6% compare
  3. 27 Paraguay 34.3% compare
  4. 29 Mexico 28.5% compare
  5. 30 Kosovo 28.4% compare
  6. 30 Kosovo (UNSCR 1244) 28.4% 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 30.0% 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 37.6% in 2009.
What is the lowest adequacy of benefits in 3rd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 30.0% in 2023.
How does Panama rank for adequacy of benefits in 3rd quintile (%) - contributory pensions?
Panama ranks 28th 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 down 8.2%. 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. 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 22 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-3rd-quintile-percent-contributory-pensions/panama/

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About this data

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