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

Panama: Adequacy of benefits in 5th quintile (richest) (%) - All Private was 9.1% in 2023. ▲ Rising

Latest (2023)
9.1%
Change on year
down 12.1%
World rank
35th
of 36 countries
All-time high
15.8%
in 2016
All-time low
5.7%
in 2013
Years of data
14
2008–2023

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

0510152008201520232008: 11.52009: 82010: 7.72011: 11.52012: 7.42013: 5.72014: 72015: 14.12016: 15.82017: 12.92018: 12.62019: 12.92021: 10.42023: 9.1

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 5th quintile (richest) (%) - all private in Panama is 9.1%, measured in 2023.

That represents a change of down 12.1% on the previous year and up 61.7% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - all private in Panama peaked at 15.8% in 2016 and was at its lowest, 5.7%, 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 in Panama, 2008 to 2023.
Year Value Change
2008 11.5%
2009 8.0% -30.9%
2010 7.7% -3.0%
2011 11.5% +48.5%
2012 7.4% -35.5%
2013 5.7% -23.6%
2014 7.0% +23.5%
2015 14.1% +101.7%
2016 15.8% +11.9%
2017 12.9% -17.9%
2018 12.6% -2.9%
2019 12.9% +2.7%
2021 10.4% -19.4%
2023 9.1% -12.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.8% 8.0% 11.5% 2
2010s 10.8% 5.7% 15.8% 10
2020s 9.8% 9.1% 10.4% 2

Countries ranked near Panama

  1. 32 Peru 12.6% compare
  2. 33 El Salvador 12.0% compare
  3. 34 Belarus 10.8% compare
  4. 36 Burkina Faso 8.7% 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 9.1% 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 15.8% in 2016.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - all private recorded in Panama?
The lowest recorded value was 5.7% 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 61.7%. 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. 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 03 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-all-private-transfers/panama/

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About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 351 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