Adequacy of benefits (%) - All Private Transfers -rural in Panama

Panama: Adequacy of benefits (%) - All Private Transfers -rural was 11.9% in 2023. ▲ Rising

Latest (2023)
11.9%
Change on year
down 2.2%
World rank
31st
of 35 countries
All-time high
18.0%
in 2015
All-time low
9.2%
in 2008
Years of data
14
2008–2023

Adequacy of benefits (%) - All Private Transfers -rural in Panama, 2008–2023

051015202008201520232008: 9.22009: 10.12010: 10.52011: 9.52012: 9.42013: 102014: 10.52015: 182016: 13.72017: 14.92018: 13.62019: 13.52021: 12.22023: 11.9

Source: ASPIRE.

Analysis

Panama recorded 11.9% for adequacy of benefits (%) - all private transfers -rural in 2023.

The figure is down 2.2% on the previous year and up 19.8% over ten years.

Over the whole period, adequacy of benefits (%) - all private transfers -rural in Panama peaked at 18.0% in 2015 and was at its lowest, 9.2%, in 2008.

That places Panama 31st out of 35 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Adequacy of benefits (%) - All Private Transfers -rural in Panama, year by year

Annual values for Adequacy of benefits (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 9.2%
2009 10.1% +9.7%
2010 10.5% +3.6%
2011 9.5% -9.7%
2012 9.4% -0.4%
2013 10.0% +5.6%
2014 10.5% +4.8%
2015 18.0% +71.7%
2016 13.7% -23.9%
2017 14.9% +8.9%
2018 13.6% -8.5%
2019 13.5% -0.7%
2021 12.2% -9.6%
2023 11.9% -2.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.7% 9.2% 10.1% 2
2010s 12.3% 9.4% 18.0% 10
2020s 12.1% 11.9% 12.2% 2

Countries ranked near Panama

  1. 28 Côte d'Ivoire 12.3% compare
  2. 29 Georgia 12.3% compare
  3. 30 Peru 12.1% compare
  4. 32 Belarus 10.5% compare
  5. 33 Ecuador 9.7% compare
  6. 34 Malawi 9.6% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits (%) - all private transfers -rural in Panama?
Adequacy of benefits (%) - all private transfers -rural in Panama was 11.9% in 2023, according to ASPIRE.
What is the highest adequacy of benefits (%) - all private transfers -rural recorded in Panama?
The highest recorded value was 18.0% in 2015.
What is the lowest adequacy of benefits (%) - all private transfers -rural recorded in Panama?
The lowest recorded value was 9.2% in 2008.
How does Panama rank for adequacy of benefits (%) - all private transfers -rural?
Panama ranks 31st out of 35 countries with data for 2023.
Is adequacy of benefits (%) - all private transfers -rural rising or falling in Panama?
Over the last ten years it is up 19.8%. 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 (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

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Adequacy of benefits (%) - All Private Transfers -rural in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-percent-all-private-transfers-rural/panama/

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About this data

Indicator
Adequacy of benefits (%) - All Private Transfers -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 334 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