Average per capita transfer held by 2nd quintile - Contributory in Panama

Panama: Average per capita transfer held by 2nd quintile - Contributory was 1.61 in 2023. ▲ Rising

Latest (2023)
1.61
Change on year
down 28.5%
World rank
27th
of 31 countries
All-time high
2.43
in 2015
All-time low
1.61
in 2023
Years of data
14
2008–2023

Average per capita transfer held by 2nd quintile - Contributory in Panama, 2008–2023

00.511.522.52008201520232008: 1.92009: 2.12010: 2.12011: 1.72012: 1.82013: 1.82014: 2.32015: 2.42016: 1.92017: 2.42018: 2.32019: 2.42021: 2.32023: 1.6

Source: ASPIRE.

Analysis

The most recent figure for average per capita transfer held by 2nd quintile - contributory in Panama is 1.61, measured in 2023. That is the lowest value across all 14 years on record.

That represents a change of down 28.5% on the previous year and down 12.3% over ten years.

Over the whole period, average per capita transfer held by 2nd quintile - contributory in Panama peaked at 2.43 in 2015 and was at its lowest, 1.61, in 2023.

That places Panama 27th out of 31 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.

Average per capita transfer held by 2nd quintile - Contributory in Panama, year by year

Annual values for Average per capita transfer held by 2nd quintile - Contributory Pensions -rural in Panama, 2008 to 2023.
Year Value Change
2008 1.86 —
2009 2.09 +12.2%
2010 2.14 +2.8%
2011 1.68 -21.7%
2012 1.82 +8.5%
2013 1.83 +0.7%
2014 2.31 +25.7%
2015 2.43 +5.4%
2016 1.92 -21.0%
2017 2.38 +24.1%
2018 2.26 -5.4%
2019 2.41 +6.9%
2021 2.25 -6.7%
2023 1.61 -28.6%

Panama compared with similar countries

  • Panama's 1.61 is below the median for high income countries, which is 6.09, 26% of the median. (6 countries reporting)
  • Panama's 1.61 is below the median for Latin America & Caribbean, which is 2.46, 65% of the median. (12 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.97 1.86 2.09 2
2010s 2.12 1.68 2.43 10
2020s 1.93 1.61 2.25 2

Countries ranked near Panama

  1. 24 Armenia 1.91 compare
  2. 25 Peru 1.9 compare
  3. 26 El Salvador 1.63 compare
  4. 28 Mexico 1.59 compare
  5. 29 Pakistan 1.23 compare
  6. 30 South Africa 0.6612 compare

See the full ranking of 31 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is average per capita transfer held by 2nd quintile - contributory in Panama?
Average per capita transfer held by 2nd quintile - contributory in Panama was 1.61 in 2023, according to ASPIRE.
What is the highest average per capita transfer held by 2nd quintile - contributory recorded in Panama?
The highest recorded value was 2.43 in 2015.
What is the lowest average per capita transfer held by 2nd quintile - contributory recorded in Panama?
The lowest recorded value was 1.61 in 2023.
How does Panama rank for average per capita transfer held by 2nd quintile - contributory?
Panama ranks 27th out of 31 countries with data for 2023.
Is average per capita transfer held by 2nd quintile - contributory rising or falling in Panama?
Over the last ten years it is down 12.3%. 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 Average per capita transfer held by 2nd quintile - Contributory Pensions -rural. Statizoid updates them automatically from the source API.

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Average per capita transfer held by 2nd quintile - Contributory in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/average-per-capita-transfer-held-by-2nd-quintile-contributory-pensions-rural/panama/

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About this data

Indicator
Average per capita transfer held by 2nd quintile - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 291 data points, 2002–2023
Last refreshed

Average transfer amount of Contributory Pensions programs among program beneficiaries (per capita, daily $ppp)