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

Panama: Adequacy of benefits (%) - All Private Transfers -urban was 10.3% in 2023. ▲ Rising

Latest (2023)
10.3%
Change on year
down 5.3%
World rank
35th
of 36 countries
All-time high
14.3%
in 2016
All-time low
9.9%
in 2009
Years of data
14
2008–2023

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

0510152008201520232008: 122009: 9.92010: 10.62011: 11.82012: 10.42013: 102014: 10.42015: 12.42016: 14.32017: 12.42018: 11.92019: 12.12021: 10.92023: 10.3

Source: ASPIRE.

Analysis

Panama recorded 10.3% for adequacy of benefits (%) - all private transfers -urban in 2023.

Compared with earlier readings it is down 5.3% on the previous year and up 3.0% over ten years.

Over the whole period, adequacy of benefits (%) - all private transfers -urban in Panama peaked at 14.3% in 2016 and was at its lowest, 9.9%, in 2009.

That places Panama 35th out of 36 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 -urban in Panama, year by year

Annual values for Adequacy of benefits (%) - All Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 12.0%
2009 9.9% -17.5%
2010 10.6% +6.4%
2011 11.8% +11.6%
2012 10.4% -12.2%
2013 10.0% -3.1%
2014 10.4% +4.0%
2015 12.4% +19.3%
2016 14.3% +14.8%
2017 12.4% -12.9%
2018 11.9% -4.2%
2019 12.1% +1.4%
2021 10.9% -9.7%
2023 10.3% -5.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.0% 9.9% 12.0% 2
2010s 11.6% 10.0% 14.3% 10
2020s 10.6% 10.3% 10.9% 2

Countries ranked near Panama

  1. 32 El Salvador 13.9% compare
  2. 33 Ecuador 13.0% compare
  3. 34 Belarus 11.2% compare
  4. 36 Burkina Faso 8.0% 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 (%) - all private transfers -urban in Panama?
Adequacy of benefits (%) - all private transfers -urban in Panama was 10.3% in 2023, according to ASPIRE.
What is the highest adequacy of benefits (%) - all private transfers -urban recorded in Panama?
The highest recorded value was 14.3% in 2016.
What is the lowest adequacy of benefits (%) - all private transfers -urban recorded in Panama?
The lowest recorded value was 9.9% in 2009.
How does Panama rank for adequacy of benefits (%) - all private transfers -urban?
Panama ranks 35th out of 36 countries with data for 2023.
Is adequacy of benefits (%) - all private transfers -urban rising or falling in Panama?
Over the last ten years it is up 3.0%. 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 -urban. Statizoid updates them automatically from the source API.

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Adequacy of benefits (%) - All Private Transfers -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Adequacy of benefits (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 350 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