Adequacy of benefits in 5th quintile (richest) (%) - All Private in Panama

Panama: Adequacy of benefits in 5th quintile (richest) (%) - All Private was 8.5% in 2023. ▲ Rising

Latest (2023)
8.5%
Change on year
down 7.2%
World rank
34th
of 35 countries
All-time high
20.0%
in 2015
All-time low
5.7%
in 2012
Years of data
14
2008–2023

Adequacy of benefits in 5th quintile (richest) (%) - All Private in Panama, 2008–2023

51015202008201520232008: 6.32009: 8.12010: 7.12011: 7.62012: 5.72013: 5.92014: 72015: 202016: 10.92017: 13.52018: 11.82019: 11.72021: 9.12023: 8.5

Source: ASPIRE.

Analysis

Panama recorded 8.5% for adequacy of benefits in 5th quintile (richest) (%) - all private in 2023.

That represents a change of down 7.2% on the previous year and up 42.3% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - all private in Panama peaked at 20.0% in 2015 and was at its lowest, 5.7%, in 2012.

Panama ranks 34th of 35 countries on this measure, in the bottom quarter.

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

Adequacy of benefits in 5th quintile (richest) (%) - All Private in Panama, year by year

Annual values for Adequacy of benefits in 5th quintile (richest) (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 6.3%
2009 8.1% +29.0%
2010 7.1% -12.5%
2011 7.6% +7.2%
2012 5.7% -24.7%
2013 5.9% +4.0%
2014 7.0% +18.0%
2015 20.0% +184.7%
2016 10.9% -45.5%
2017 13.5% +24.2%
2018 11.8% -12.6%
2019 11.7% -1.2%
2021 9.1% -21.9%
2023 8.5% -7.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.2% 6.3% 8.1% 2
2010s 10.1% 5.7% 20.0% 10
2020s 8.8% 8.5% 9.1% 2

Countries ranked near Panama

  1. 31 Belarus 10.4% compare
  2. 32 Peru 9.7% compare
  3. 33 Ecuador 9.5% compare
  4. 35 Burkina Faso 8.4% 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 5th quintile (richest) (%) - all private in Panama?
Adequacy of benefits in 5th quintile (richest) (%) - all private in Panama was 8.5% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 5th quintile (richest) (%) - all private recorded in Panama?
The highest recorded value was 20.0% in 2015.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - all private recorded in Panama?
The lowest recorded value was 5.7% in 2012.
How does Panama rank for adequacy of benefits in 5th quintile (richest) (%) - all private?
Panama ranks 34th out of 35 countries with data for 2023.
Is adequacy of benefits in 5th quintile (richest) (%) - all private rising or falling in Panama?
Over the last ten years it is up 42.3%. 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 5th quintile (richest) (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Adequacy of benefits in 5th quintile (richest) (%) - All Private in Panama. Statizoid, drawing on ASPIRE. Retrieved 06 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-all-private-transfers-rural/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-all-private-transfers-rural/panama/">Adequacy of benefits in 5th quintile (richest) (%) - All Private in Panama</a> — Statizoid

About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - 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