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

Panama: Adequacy of benefits in 5th quintile (richest) (%) - All Private was 9.2% in 2023. ▲ Rising

Latest (2023)
9.2%
Change on year
down 18.8%
World rank
35th
of 36 countries
All-time high
17.0%
in 2016
All-time low
6.0%
in 2013
Years of data
14
2008–2023

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

0510152008201520232008: 12.62009: 7.22010: 7.82011: 13.12012: 7.22013: 62014: 6.72015: 12.82016: 172017: 13.32018: 13.22019: 13.62021: 11.32023: 9.2

Source: ASPIRE.

Analysis

In 2023, adequacy of benefits in 5th quintile (richest) (%) - all private in Panama stood at 9.2%.

That represents a change of down 18.8% on the previous year and up 53.3% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - all private in Panama peaked at 17.0% in 2016 and was at its lowest, 6.0%, in 2013.

Panama ranks 35th of 36 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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 12.6%
2009 7.2% -42.4%
2010 7.8% +8.4%
2011 13.1% +67.2%
2012 7.2% -44.8%
2013 6.0% -17.2%
2014 6.7% +12.3%
2015 12.8% +90.7%
2016 17.0% +32.6%
2017 13.3% -21.6%
2018 13.2% -1.1%
2019 13.6% +2.8%
2021 11.3% -16.6%
2023 9.2% -18.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.9% 7.2% 12.6% 2
2010s 11.1% 6.0% 17.0% 10
2020s 10.2% 9.2% 11.3% 2

Countries ranked near Panama

  1. 32 Serbia 12.4% compare
  2. 33 Belarus 11.1% compare
  3. 34 El Salvador 11.0% compare
  4. 36 Burkina Faso 7.9% compare

See the full ranking of 36 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 9.2% 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 17.0% in 2016.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - all private recorded in Panama?
The lowest recorded value was 6.0% in 2013.
How does Panama rank for adequacy of benefits in 5th quintile (richest) (%) - all private?
Panama ranks 35th out of 36 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 53.3%. 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 -urban. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 5th quintile (richest) (%) - All Private in Panama. Statizoid, drawing on ASPIRE. Retrieved 07 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 350 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