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

Panama: Adequacy of benefits in 4th quintile (%) - Contributory Pensions was 32.8% in 2023. ▼ Falling

Latest (2023)
32.8%
Change on year
down 7.1%
World rank
25th
of 34 countries
All-time high
40.8%
in 2008
All-time low
27.2%
in 2019
Years of data
14
2008–2023

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

0102030402008201520232008: 40.82009: 352010: 35.32011: 36.62012: 34.62013: 34.72014: 32.12015: 29.82016: 30.42017: 29.42018: 28.82019: 27.22021: 35.32023: 32.8

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 4th quintile (%) - contributory pensions in Panama is 32.8%, measured in 2023.

Compared with earlier readings it is down 7.1% on the previous year and down 5.5% over ten years.

Over the whole period, adequacy of benefits in 4th quintile (%) - contributory pensions in Panama peaked at 40.8% in 2008 and was at its lowest, 27.2%, in 2019.

Panama ranks 25th 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 4th quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Adequacy of benefits in 4th quintile (%) - Contributory Pensions in Panama, 2008 to 2023.
Year Value Change
2008 40.8%
2009 35.0% -14.2%
2010 35.3% +1.0%
2011 36.6% +3.4%
2012 34.6% -5.4%
2013 34.7% +0.2%
2014 32.1% -7.5%
2015 29.8% -6.9%
2016 30.4% +1.9%
2017 29.4% -3.4%
2018 28.8% -2.1%
2019 27.2% -5.7%
2021 35.3% +29.9%
2023 32.8% -7.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 37.9% 35.0% 40.8% 2
2010s 31.9% 27.2% 36.6% 10
2020s 34.0% 32.8% 35.3% 2

Countries ranked near Panama

  1. 22 Costa Rica 36.0% compare
  2. 23 Paraguay 34.0% compare
  3. 24 Dominican Republic 33.2% compare
  4. 26 Honduras 31.6% compare
  5. 27 Chile 30.5% compare
  6. 28 Kosovo 30.0% compare
  7. 28 Kosovo (UNSCR 1244) 30.0% 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 32.8% 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 40.8% in 2008.
What is the lowest adequacy of benefits in 4th quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 27.2% 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 5.5%. 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. 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 23 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-4th-quintile-percent-contributory-pensions/panama/

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About this data

Indicator
Adequacy of benefits in 4th 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