Beneficiary incidence in 3rd quintile (%) - Contributory Pensions in Panama

Panama: Beneficiary incidence in 3rd quintile (%) - Contributory Pensions was 22.4% in 2023. ▼ Falling

Latest (2023)
22.4%
Change on year
up 19.5%
World rank
3rd
of 37 countries
All-time high
24.3%
in 2008
All-time low
18.8%
in 2021
Years of data
14
2008–2023

Beneficiary incidence in 3rd quintile (%) - Contributory Pensions in Panama, 2008–2023

05101520252008201520232008: 24.3 preT2009: 20.4 preT2010: 19.6 preT2011: 20.5 preT2012: 22.4 preT2013: 21.8 preT2014: 22.1 preT2015: 20.2 preT2016: 19.3 preT2017: 20.2 preT2018: 20.9 preT2019: 20.2 preT2021: 18.8 preT2023: 22.4 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, beneficiary incidence in 3rd quintile (%) - contributory pensions in Panama stood at 22.4%.

That represents a change of up 19.5% on the previous year and up 2.9% over ten years.

Over the whole period, beneficiary incidence in 3rd quintile (%) - contributory pensions in Panama peaked at 24.3% in 2008 and was at its lowest, 18.8%, in 2021.

Panama ranks 3rd of 37 countries on this measure, in the top 10%.

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

Beneficiary incidence in 3rd quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Beneficiary incidence in 3rd quintile (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 24.3% —
2009 20.4% -16.2%
2010 19.6% -3.6%
2011 20.5% +4.7%
2012 22.4% +9.3%
2013 21.8% -2.8%
2014 22.1% +1.3%
2015 20.2% -8.7%
2016 19.3% -4.1%
2017 20.2% +4.6%
2018 20.9% +3.2%
2019 20.2% -3.1%
2021 18.8% -7.2%
2023 22.4% +19.5%

Panama compared with similar countries

  • Panama's 22.4% is above the median for high income countries, which is 20.4%, 1.1× the median. (7 countries reporting)
  • Panama's 22.4% is above the median for Latin America & Caribbean, which is 19.9%, 1.1× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.3% 20.4% 24.3% 2
2010s 20.7% 19.3% 22.4% 10
2020s 20.6% 18.8% 22.4% 2

Countries ranked near Panama

  1. 1 Uruguay 24.2% compare
  2. 2 Brazil 23.0% compare
  3. 4 Argentina 22.1% compare
  4. 5 El Salvador 21.5% compare
  5. 6 Cote d'Ivoire 21.2% 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 3rd quintile (%) - contributory pensions in Panama?
Beneficiary incidence in 3rd quintile (%) - contributory pensions in Panama was 22.4% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 3rd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 24.3% in 2008.
What is the lowest beneficiary incidence in 3rd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 18.8% in 2021.
How does Panama rank for beneficiary incidence in 3rd quintile (%) - contributory pensions?
Panama ranks 3rd out of 37 countries with data for 2023.
Is beneficiary incidence in 3rd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 2.9%. 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 (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Beneficiary incidence in 3rd quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/beneficiary-incidence-in-3rd-quintile-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Beneficiary incidence in 3rd quintile (%) - Contributory Pensions (preT)
Unit
preT
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