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

Panama: Adequacy of benefits in 5th quintile (richest) (%) - Contributory was 30.7% in 2023. ▼ Falling

Latest (2023)
30.7%
Change on year
down 1.4%
World rank
24th
of 34 countries
All-time high
38.6%
in 2010
All-time low
26.4%
in 2019
Years of data
14
2008–2023

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

0102030402008201520232008: 34.62009: 37.22010: 38.62011: 36.72012: 35.12013: 35.12014: 32.12015: 26.92016: 29.42017: 28.82018: 28.12019: 26.42021: 31.12023: 30.7

Source: ASPIRE.

Analysis

Panama recorded 30.7% for adequacy of benefits in 5th quintile (richest) (%) - contributory in 2023.

Compared with earlier readings it is down 1.4% on the previous year and down 12.7% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - contributory in Panama peaked at 38.6% in 2010 and was at its lowest, 26.4%, in 2019.

Panama ranks 24th of 34 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 in Panama, 2008 to 2023.
Year Value Change
2008 34.6%
2009 37.2% +7.4%
2010 38.6% +3.8%
2011 36.7% -5.1%
2012 35.1% -4.4%
2013 35.1% +0.3%
2014 32.1% -8.5%
2015 26.9% -16.5%
2016 29.4% +9.6%
2017 28.8% -2.1%
2018 28.1% -2.3%
2019 26.4% -6.1%
2021 31.1% +17.9%
2023 30.7% -1.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 35.9% 34.6% 37.2% 2
2010s 31.7% 26.4% 38.6% 10
2020s 30.9% 30.7% 31.1% 2

Countries ranked near Panama

  1. 21 Dominican Republic 35.9% compare
  2. 22 Ecuador 35.5% compare
  3. 23 Paraguay 33.4% compare
  4. 25 Armenia 28.3% compare
  5. 26 Sri Lanka 27.1% compare
  6. 27 Cote d'Ivoire 26.9% 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 30.7% 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 38.6% in 2010.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - contributory recorded in Panama?
The lowest recorded value was 26.4% in 2019.
How does Panama rank for adequacy of benefits in 5th quintile (richest) (%) - contributory?
Panama ranks 24th 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 12.7%. 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. 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 29 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-contributory-pensions/panama/

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About this data

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