Adequacy of benefits in 4th quintile (%) - Contributory Pensions in Panama

Panama: Adequacy of benefits in 4th quintile (%) - Contributory Pensions was 33.6% in 2023. ▼ Falling

Latest (2023)
33.6%
Change on year
down 7.2%
World rank
25th
of 34 countries
All-time high
40.9%
in 2008
All-time low
30.2%
in 2019
Years of data
14
2008–2023

Adequacy of benefits in 4th quintile (%) - Contributory Pensions in Panama, 2008–2023

0102030402008201520232008: 40.9 preT2009: 38.7 preT2010: 37.7 preT2011: 38.2 preT2012: 38.5 preT2013: 39.9 preT2014: 34 preT2015: 32.3 preT2016: 33.8 preT2017: 32.1 preT2018: 30.8 preT2019: 30.2 preT2021: 36.2 preT2023: 33.6 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, adequacy of benefits in 4th quintile (%) - contributory pensions in Panama stood at 33.6%.

That represents a change of down 7.2% on the previous year and down 15.8% over ten years.

Over the whole period, adequacy of benefits in 4th quintile (%) - contributory pensions in Panama peaked at 40.9% in 2008 and was at its lowest, 30.2%, in 2019.

That places Panama 25th out of 34 countries with data for 2023, putting it 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 4th quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Adequacy of benefits in 4th quintile (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 40.9%
2009 38.7% -5.5%
2010 37.7% -2.4%
2011 38.2% +1.2%
2012 38.5% +0.8%
2013 39.9% +3.7%
2014 34.0% -14.9%
2015 32.3% -4.9%
2016 33.8% +4.5%
2017 32.1% -4.9%
2018 30.8% -4.0%
2019 30.2% -2.2%
2021 36.2% +20.0%
2023 33.6% -7.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.8% 38.7% 40.9% 2
2010s 34.8% 30.2% 39.9% 10
2020s 34.9% 33.6% 36.2% 2

Countries ranked near Panama

  1. 22 Kyrgyzstan 35.0% compare
  2. 23 Mexico 34.4% compare
  3. 24 Ecuador 33.9% compare
  4. 26 Ukraine 31.7% compare
  5. 27 Armenia 31.0% compare
  6. 28 Viet Nam 30.1% 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 4th quintile (%) - contributory pensions in Panama?
Adequacy of benefits in 4th quintile (%) - contributory pensions in Panama was 33.6% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 4th quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 40.9% in 2008.
What is the lowest adequacy of benefits in 4th quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 30.2% in 2019.
How does Panama rank for adequacy of benefits in 4th quintile (%) - contributory pensions?
Panama ranks 25th out of 34 countries with data for 2023.
Is adequacy of benefits in 4th quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is down 15.8%. 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 4th quintile (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 4th quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-4th-quintile-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Adequacy of benefits in 4th 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