Adequacy of benefits (%) - Contributory Pensions in Panama
Panama: Adequacy of benefits (%) - Contributory Pensions was 31.3% in 2023. ▼ Falling
Adequacy of benefits (%) - Contributory Pensions in Panama, 2008–2023
Source: ASPIRE.
Analysis
In 2023, adequacy of benefits (%) - contributory pensions in Panama stood at 31.3%.
Compared with earlier readings it is down 2.6% on the previous year and down 10.0% over ten years.
Over the whole period, adequacy of benefits (%) - contributory pensions in Panama peaked at 37.9% in 2010 and was at its lowest, 27.3%, in 2019.
Panama ranks 26th of 34 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Adequacy of benefits (%) - Contributory Pensions in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 36.1% | — |
| 2009 | 37.0% | +2.4% |
| 2010 | 37.9% | +2.4% |
| 2011 | 36.8% | -2.9% |
| 2012 | 35.1% | -4.4% |
| 2013 | 34.8% | -0.9% |
| 2014 | 32.5% | -6.8% |
| 2015 | 28.3% | -12.8% |
| 2016 | 30.0% | +6.1% |
| 2017 | 29.6% | -1.4% |
| 2018 | 29.0% | -2.2% |
| 2019 | 27.3% | -5.7% |
| 2021 | 32.2% | +17.9% |
| 2023 | 31.3% | -2.6% |
Panama compared with similar countries
- Panama's 31.3% is below the median for high income countries, which is 46.5%, 67% of the median. (6 countries reporting)
- Panama's 31.3% is below the median for Latin America & Caribbean, which is 35.3%, 89% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.5% | 36.1% | 37.0% | 2 |
| 2010s | 32.1% | 27.3% | 37.9% | 10 |
| 2020s | 31.8% | 31.3% | 32.2% | 2 |
Countries ranked near Panama
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is adequacy of benefits (%) - contributory pensions in Panama?
- Adequacy of benefits (%) - contributory pensions in Panama was 31.3% in 2023, according to ASPIRE.
- What is the highest adequacy of benefits (%) - contributory pensions recorded in Panama?
- The highest recorded value was 37.9% in 2010.
- What is the lowest adequacy of benefits (%) - contributory pensions recorded in Panama?
- The lowest recorded value was 27.3% in 2019.
- How does Panama rank for adequacy of benefits (%) - contributory pensions?
- Panama ranks 26th out of 34 countries with data for 2023.
- Is adequacy of benefits (%) - contributory pensions rising or falling in Panama?
- Over the last ten years it is down 10.0%. 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. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group