Beneficiary incidence in 3rd quintile (%) - All Private Transfers in Panama

Panama: Beneficiary incidence in 3rd quintile (%) - All Private Transfers was 24.1% in 2023. β–Ό Falling

Latest (2023)
24.1%
Change on year
up 16.5%
World rank
2nd
of 36 countries
All-time high
28.6%
in 2012
All-time low
19.7%
in 2008
Years of data
14
2008–2023

Beneficiary incidence in 3rd quintile (%) - All Private Transfers in Panama, 2008–2023

01020302008201520232008: 19.72009: 25.72010: 25.52011: 24.82012: 28.62013: 26.92014: 24.72015: 21.62016: 23.72017: 23.42018: 22.92019: 23.32021: 20.72023: 24.1

Source: ASPIRE.

Analysis

The most recent figure for beneficiary incidence in 3rd quintile (%) - all private transfers in Panama is 24.1%, measured in 2023.

The figure is up 16.5% on the previous year and down 10.7% over ten years.

Over the whole period, beneficiary incidence in 3rd quintile (%) - all private transfers in Panama peaked at 28.6% in 2012 and was at its lowest, 19.7%, in 2008.

That places Panama 2nd out of 36 countries with data for 2023, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.7% 19.7% 25.7% 2
2010s 24.5% 21.6% 28.6% 10
2020s 22.4% 20.7% 24.1% 2

Countries ranked near Panama

  1. 1 South Africa 28.0% compare
  2. 3 Kosovo 22.6% compare
  3. 4 Peru 22.4% compare
  4. 5 Ecuador 21.9% compare

See the full ranking of 36 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is beneficiary incidence in 3rd quintile (%) - all private transfers in Panama?
Beneficiary incidence in 3rd quintile (%) - all private transfers in Panama was 24.1% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 3rd quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 28.6% in 2012.
What is the lowest beneficiary incidence in 3rd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 19.7% in 2008.
How does Panama rank for beneficiary incidence in 3rd quintile (%) - all private transfers?
Panama ranks 2nd out of 36 countries with data for 2023.
Is beneficiary incidence in 3rd quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is down 10.7%. 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 Beneficiary incidence in 3rd quintile (%) - All Private Transfers. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 3rd quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/beneficiary-incidence-in-3rd-quintile-percent-all-private-transfers/panama/

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About this data

Indicator
Beneficiary incidence in 3rd quintile (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 357 data points, 2002–2023
Last refreshed

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