Adequacy of benefits (%) - Contributory Pensions -rural in Panama

Panama: Adequacy of benefits (%) - Contributory Pensions -rural was 33.7% in 2023. ▼ Falling

Latest (2023)
33.7%
Change on year
down 8.2%
World rank
24th
of 30 countries
All-time high
42.4%
in 2008
All-time low
31.5%
in 2012
Years of data
14
2008–2023

Adequacy of benefits (%) - Contributory Pensions -rural in Panama, 2008–2023

0102030402008201520232008: 42.42009: 41.72010: 40.12011: 32.82012: 31.52013: 34.72014: 34.32015: 36.52016: 37.92017: 37.92018: 35.52019: 32.22021: 36.72023: 33.7

Source: ASPIRE.

Analysis

Panama recorded 33.7% for adequacy of benefits (%) - contributory pensions -rural in 2023.

That represents a change of down 8.2% on the previous year and down 3.0% over ten years.

Over the whole period, adequacy of benefits (%) - contributory pensions -rural in Panama peaked at 42.4% in 2008 and was at its lowest, 31.5%, in 2012.

Panama ranks 24th of 30 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.1% 41.7% 42.4% 2
2010s 35.3% 31.5% 40.1% 10
2020s 35.2% 33.7% 36.7% 2

Countries ranked near Panama

  1. 21 Sri Lanka 36.6% compare
  2. 22 Vietnam 35.7% compare
  3. 23 Côte d'Ivoire 34.1% compare
  4. 25 Armenia, Republic of 33.1% compare
  5. 26 Peru 32.8% compare
  6. 27 Mexico 32.7% compare

See the full ranking of 30 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is adequacy of benefits (%) - contributory pensions -rural in Panama?
Adequacy of benefits (%) - contributory pensions -rural in Panama was 33.7% in 2023, according to ASPIRE.
What is the highest adequacy of benefits (%) - contributory pensions -rural recorded in Panama?
The highest recorded value was 42.4% in 2008.
What is the lowest adequacy of benefits (%) - contributory pensions -rural recorded in Panama?
The lowest recorded value was 31.5% in 2012.
How does Panama rank for adequacy of benefits (%) - contributory pensions -rural?
Panama ranks 24th out of 30 countries with data for 2023.
Is adequacy of benefits (%) - contributory pensions -rural rising or falling in Panama?
Over the last ten years it is down 3.0%. 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 (%) - Contributory Pensions -rural. Statizoid updates them automatically from the source API.

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Adequacy of benefits (%) - Contributory Pensions -rural in Panama. Statizoid, drawing on ASPIRE. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-percent-contributory-pensions-rural/panama/

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About this data

Indicator
Adequacy of benefits (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 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