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

Panama: Adequacy of benefits (%) - All Private Transfers was 10.6% in 2023. β–² Rising

Latest (2023)
10.6%
Change on year
down 4.7%
World rank
34th
of 35 countries
All-time high
14.2%
in 2016
All-time low
10.0%
in 2009
Years of data
14
2008–2023

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

0510152008201520232008: 11.52009: 102010: 10.62011: 11.32012: 10.22013: 102014: 10.42015: 13.42016: 14.22017: 12.92018: 12.22019: 12.32021: 11.22023: 10.6

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits (%) - all private transfers in Panama is 10.6%, measured in 2023.

The figure is down 4.7% on the previous year and up 6.1% over ten years.

Over the whole period, adequacy of benefits (%) - all private transfers in Panama peaked at 14.2% in 2016 and was at its lowest, 10.0%, in 2009.

Panama ranks 34th of 35 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.7% 10.0% 11.5% 2
2010s 11.8% 10.0% 14.2% 10
2020s 10.9% 10.6% 11.2% 2

Countries ranked near Panama

  1. 31 Malawi 12.4% compare
  2. 32 Ecuador 12.1% compare
  3. 33 Belarus 11.1% compare
  4. 35 Burkina Faso 8.2% compare

See the full ranking of 35 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is adequacy of benefits (%) - all private transfers in Panama?
Adequacy of benefits (%) - all private transfers in Panama was 10.6% in 2023, according to ASPIRE.
What is the highest adequacy of benefits (%) - all private transfers recorded in Panama?
The highest recorded value was 14.2% in 2016.
What is the lowest adequacy of benefits (%) - all private transfers recorded in Panama?
The lowest recorded value was 10.0% in 2009.
How does Panama rank for adequacy of benefits (%) - all private transfers?
Panama ranks 34th out of 35 countries with data for 2023.
Is adequacy of benefits (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 6.1%. 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. Statizoid updates them automatically from the source API.

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Adequacy of benefits (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-percent-all-private-transfers/panama/

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About this data

Indicator
Adequacy of benefits (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 346 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