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

Panama: Adequacy of benefits in 5th quintile (richest) (%) - Contributory was 33.0% in 2023. ▼ Falling

Latest (2023)
33.0%
Change on year
down 10.2%
World rank
21st
of 31 countries
All-time high
42.4%
in 2008
All-time low
31.0%
in 2012
Years of data
14
2008–2023

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

0102030402008201520232008: 42.42009: 42.42010: 41.52011: 332012: 312013: 34.72014: 34.52015: 35.72016: 37.82017: 38.22018: 352019: 31.62021: 36.72023: 33

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 5th quintile (richest) (%) - contributory in Panama is 33.0%, measured in 2023.

The figure is down 10.2% on the previous year and down 5.0% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - contributory in Panama peaked at 42.4% in 2008 and was at its lowest, 31.0%, in 2012.

Panama ranks 21st of 31 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 5th quintile (richest) (%) - Contributory in Panama, year by year

Annual values for Adequacy of benefits in 5th quintile (richest) (%) - Contributory Pensions -rural in Panama, 2008 to 2023.
Year Value Change
2008 42.4%
2009 42.4% -0.1%
2010 41.5% -2.0%
2011 33.0% -20.6%
2012 31.0% -6.0%
2013 34.7% +12.0%
2014 34.5% -0.6%
2015 35.7% +3.5%
2016 37.8% +5.8%
2017 38.2% +1.2%
2018 35.0% -8.5%
2019 31.6% -9.5%
2021 36.7% +16.2%
2023 33.0% -10.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.4% 42.4% 42.4% 2
2010s 35.3% 31.0% 41.5% 10
2020s 34.9% 33.0% 36.7% 2

Countries ranked near Panama

  1. 18 Côte d'Ivoire 34.3% compare
  2. 19 Kyrgyzstan 34.0% compare
  3. 20 Ukraine 33.1% compare
  4. 22 Serbia 33.0% compare
  5. 23 Peru 31.2% compare
  6. 24 Sri Lanka 29.7% compare

See the full ranking of 31 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 33.0% 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 42.4% in 2008.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - contributory recorded in Panama?
The lowest recorded value was 31.0% in 2012.
How does Panama rank for adequacy of benefits in 5th quintile (richest) (%) - contributory?
Panama ranks 21st out of 31 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 5.0%. 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 -rural. 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 02 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-contributory-pensions-rural/panama/

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About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 292 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