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

Panama: Adequacy of benefits in 5th quintile (richest) (%) - Contributory was 28.3% in 2023. ▼ Falling

Latest (2023)
28.3%
Change on year
down 3.1%
World rank
22nd
of 34 countries
All-time high
36.7%
in 2010
All-time low
23.7%
in 2019
Years of data
14
2008–2023

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

0102030402008201520232008: 31.8 preT2009: 35.2 preT2010: 36.7 preT2011: 34.2 preT2012: 32.5 preT2013: 32.9 preT2014: 30.1 preT2015: 24.1 preT2016: 27.1 preT2017: 26.1 preT2018: 25.3 preT2019: 23.7 preT2021: 29.2 preT2023: 28.3 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 28.3% for adequacy of benefits in 5th quintile (richest) (%) - contributory in 2023.

Compared with earlier readings it is down 3.1% on the previous year and down 13.9% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - contributory in Panama peaked at 36.7% in 2010 and was at its lowest, 23.7%, in 2019.

That places Panama 22nd out of 34 countries with data for 2023, putting it 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 5th quintile (richest) (%) - Contributory in Panama, year by year

Annual values for Adequacy of benefits in 5th quintile (richest) (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 31.8%
2009 35.2% +10.8%
2010 36.7% +4.3%
2011 34.2% -7.0%
2012 32.5% -4.9%
2013 32.9% +1.2%
2014 30.1% -8.5%
2015 24.1% -20.0%
2016 27.1% +12.5%
2017 26.1% -3.8%
2018 25.3% -3.0%
2019 23.7% -6.3%
2021 29.2% +23.3%
2023 28.3% -3.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.5% 31.8% 35.2% 2
2010s 29.3% 23.7% 36.7% 10
2020s 28.8% 28.3% 29.2% 2

Countries ranked near Panama

  1. 19 Belarus 30.2% compare
  2. 20 Serbia 30.0% compare
  3. 21 Moldova 28.7% compare
  4. 23 Kyrgyzstan 27.4% compare
  5. 24 Ukraine 25.9% compare
  6. 25 Honduras 23.6% 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 5th quintile (richest) (%) - contributory in Panama?
Adequacy of benefits in 5th quintile (richest) (%) - contributory in Panama was 28.3% in 2023, according to ASPIRE.
What is the highest adequacy of benefits in 5th quintile (richest) (%) - contributory recorded in Panama?
The highest recorded value was 36.7% in 2010.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - contributory recorded in Panama?
The lowest recorded value was 23.7% in 2019.
How does Panama rank for adequacy of benefits in 5th quintile (richest) (%) - contributory?
Panama ranks 22nd out of 34 countries with data for 2023.
Is adequacy of benefits in 5th quintile (richest) (%) - contributory rising or falling in Panama?
Over the last ten years it is down 13.9%. 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 5th quintile (richest) (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 5th quintile (richest) (%) - Contributory in Panama. Statizoid, drawing on ASPIRE. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - Contributory Pensions (preT)
Unit
preT
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