Beneficiary incidence in 2nd quintile (%) - Contributory Pensions in Panama

Panama: Beneficiary incidence in 2nd quintile (%) - Contributory Pensions was 12.5% in 2023. ▲ Rising

Latest (2023)
12.5%
Change on year
down 3.6%
World rank
24th
of 37 countries
All-time high
13.0%
in 2021
All-time low
9.4%
in 2009
Years of data
14
2008–2023

Beneficiary incidence in 2nd quintile (%) - Contributory Pensions in Panama, 2008–2023

0510152008201520232008: 11.22009: 9.42010: 10.32011: 112012: 11.52013: 12.12014: 10.52015: 10.62016: 12.42017: 12.52018: 112019: 12.72021: 132023: 12.5

Source: ASPIRE.

Analysis

In 2023, beneficiary incidence in 2nd quintile (%) - contributory pensions in Panama stood at 12.5%.

That represents a change of down 3.6% on the previous year and up 3.5% over ten years.

Over the whole period, beneficiary incidence in 2nd quintile (%) - contributory pensions in Panama peaked at 13.0% in 2021 and was at its lowest, 9.4%, in 2009.

That places Panama 24th out of 37 countries with data for 2023, putting it in the middle of the range.

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

Beneficiary incidence in 2nd quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Beneficiary incidence in 2nd quintile (%) - Contributory Pensions in Panama, 2008 to 2023.
Year Value Change
2008 11.2% —
2009 9.4% -16.3%
2010 10.3% +9.6%
2011 11.0% +6.6%
2012 11.5% +5.0%
2013 12.1% +4.8%
2014 10.5% -13.1%
2015 10.6% +0.7%
2016 12.4% +17.4%
2017 12.5% +0.7%
2018 11.0% -12.0%
2019 12.7% +16.0%
2021 13.0% +1.8%
2023 12.5% -3.6%

Panama compared with similar countries

  • Panama's 12.5% is below the median for high income countries, which is 19.8%, 63% of the median. (7 countries reporting)
  • Panama's 12.5% is above the median for Latin America & Caribbean, which is 12.5%, 1.0× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.3% 9.4% 11.2% 2
2010s 11.5% 10.3% 12.7% 10
2020s 12.7% 12.5% 13.0% 2

Countries ranked near Panama

  1. 21 Mexico 13.3% compare
  2. 22 Dominican Republic 12.9% compare
  3. 23 Vietnam 12.6% compare
  4. 25 Ecuador 12.3% compare
  5. 26 Pakistan 12.2% compare
  6. 27 Sri Lanka 10.7% compare

See the full ranking of 37 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is beneficiary incidence in 2nd quintile (%) - contributory pensions in Panama?
Beneficiary incidence in 2nd quintile (%) - contributory pensions in Panama was 12.5% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 2nd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 13.0% in 2021.
What is the lowest beneficiary incidence in 2nd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 9.4% in 2009.
How does Panama rank for beneficiary incidence in 2nd quintile (%) - contributory pensions?
Panama ranks 24th out of 37 countries with data for 2023.
Is beneficiary incidence in 2nd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 3.5%. 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 Beneficiary incidence in 2nd quintile (%) - Contributory Pensions. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 2nd quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 26 September 2026, from https://reference.statizoid.com/stat/beneficiary-incidence-in-2nd-quintile-percent-contributory-pensions/panama/

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About this data

Indicator
Beneficiary incidence in 2nd quintile (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 369 data points, 2002–2023
Last refreshed

Percentage of program beneficiaries in a quintile relative to the total number of beneficiaries in the population