Adequacy of benefits in 4th quintile (%) - All Private Transfers in Panama

Panama: Adequacy of benefits in 4th quintile (%) - All Private Transfers was 12.7% in 2023. ▲ Rising

Latest (2023)
12.7%
Change on year
up 3.3%
World rank
28th
of 35 countries
All-time high
13.9%
in 2015
All-time low
8.2%
in 2011
Years of data
14
2008–2023

Adequacy of benefits in 4th quintile (%) - All Private Transfers in Panama, 2008–2023

0510152008201520232008: 10.22009: 9.12010: 10.22011: 8.22012: 9.32013: 9.72014: 9.62015: 13.92016: 13.32017: 12.92018: 12.92019: 12.22021: 12.32023: 12.7

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 4th quintile (%) - all private transfers in Panama stood at 12.7%.

That represents a change of up 3.3% on the previous year and up 30.5% over ten years.

Over the whole period, adequacy of benefits in 4th quintile (%) - all private transfers in Panama peaked at 13.9% in 2015 and was at its lowest, 8.2%, in 2011.

That places Panama 28th out of 35 countries with data for 2023, putting it in the bottom quarter.

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

Adequacy of benefits in 4th quintile (%) - All Private Transfers in Panama, year by year

Annual values for Adequacy of benefits in 4th quintile (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 10.2%
2009 9.1% -10.6%
2010 10.2% +12.1%
2011 8.2% -20.0%
2012 9.3% +14.2%
2013 9.7% +4.1%
2014 9.6% -1.0%
2015 13.9% +44.3%
2016 13.3% -4.3%
2017 12.9% -2.5%
2018 12.9% -0.5%
2019 12.2% -5.4%
2021 12.3% +0.8%
2023 12.7% +3.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.6% 9.1% 10.2% 2
2010s 11.2% 8.2% 13.9% 10
2020s 12.5% 12.3% 12.7% 2

Countries ranked near Panama

  1. 25 Brazil 13.4% compare
  2. 26 Türkiye 13.0% compare
  3. 27 Uruguay 12.7% compare
  4. 29 Peru 12.0% compare
  5. 30 Chile 11.1% compare
  6. 31 Belarus 10.5% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits in 4th quintile (%) - all private transfers in Panama?
Adequacy of benefits in 4th quintile (%) - all private transfers in Panama was 12.7% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 4th quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 13.9% in 2015.
What is the lowest adequacy of benefits in 4th quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 8.2% in 2011.
How does Panama rank for adequacy of benefits in 4th quintile (%) - all private transfers?
Panama ranks 28th out of 35 countries with data for 2023.
Is adequacy of benefits in 4th quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 30.5%. 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 4th quintile (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 4th quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-4th-quintile-percent-all-private-transfers-rural/panama/

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About this data

Indicator
Adequacy of benefits in 4th quintile (%) - All Private Transfers -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 334 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