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

Panama: Adequacy of benefits in 4th quintile (%) - Contributory Pensions was 36.4% in 2023. ▬ Flat

Latest (2023)
36.4%
Change on year
down 2.1%
World rank
24th
of 31 countries
All-time high
40.9%
in 2008
All-time low
31.8%
in 2011
Years of data
14
2008–2023

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

0102030402008201520232008: 40.92009: 38.82010: 34.42011: 31.82012: 34.92013: 35.82014: 32.72015: 38.32016: 40.62017: 35.92018: 36.12019: 34.12021: 37.22023: 36.4

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 4th quintile (%) - contributory pensions in Panama stood at 36.4%.

That represents a change of down 2.1% on the previous year and up 1.7% 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, 31.8%, in 2011.

Panama ranks 24th of 31 countries on this measure, in the bottom quarter.

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

Annual values for Adequacy of benefits in 4th quintile (%) - Contributory Pensions -rural in Panama, 2008 to 2023.
Year Value Change
2008 40.9%
2009 38.8% -5.1%
2010 34.4% -11.4%
2011 31.8% -7.6%
2012 34.9% +9.7%
2013 35.8% +2.8%
2014 32.7% -8.8%
2015 38.3% +17.3%
2016 40.6% +5.8%
2017 35.9% -11.6%
2018 36.1% +0.8%
2019 34.1% -5.8%
2021 37.2% +9.3%
2023 36.4% -2.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.9% 38.8% 40.9% 2
2010s 35.5% 31.8% 40.6% 10
2020s 36.8% 36.4% 37.2% 2

Countries ranked near Panama

  1. 21 Pakistan 38.5% compare
  2. 22 Ukraine 37.6% compare
  3. 23 Bolivia 37.4% compare
  4. 25 Cote d'Ivoire 36.0% compare
  5. 26 Armenia 32.4% compare
  6. 27 Mexico 27.4% compare

See the full ranking of 31 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 36.4% 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 31.8% in 2011.
How does Panama rank for adequacy of benefits in 4th quintile (%) - contributory pensions?
Panama ranks 24th out of 31 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 up 1.7%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Adequacy of benefits in 4th quintile (%) - Contributory Pensions -rural. 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 28 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-4th-quintile-percent-contributory-pensions-rural/panama/

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About this data

Indicator
Adequacy of benefits in 4th quintile (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 292 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