Beneficiary incidence in 5th quintile (richest) (%) - All Private in Panama

Panama: Beneficiary incidence in 5th quintile (richest) (%) - All Private was 16.6% in 2023. ▼ Falling

Latest (2023)
16.6%
Change on year
up 1.5%
World rank
25th
of 35 countries
All-time high
20.7%
in 2008
All-time low
15.5%
in 2012
Years of data
14
2008–2023

Beneficiary incidence in 5th quintile (richest) (%) - All Private in Panama, 2008–2023

051015202008201520232008: 20.72009: 15.82010: 16.82011: 16.62012: 15.52013: 19.72014: 17.52015: 18.82016: 18.22017: 18.72018: 16.82019: 15.62021: 16.42023: 16.6

Source: ASPIRE.

Analysis

The most recent figure for beneficiary incidence in 5th quintile (richest) (%) - all private in Panama is 16.6%, measured in 2023.

The figure is up 1.5% on the previous year and down 15.5% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) - all private in Panama peaked at 20.7% in 2008 and was at its lowest, 15.5%, in 2012.

That places Panama 25th out of 35 countries with data for 2023, putting it in the middle of the range.

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

Beneficiary incidence in 5th quintile (richest) (%) - All Private in Panama, year by year

Annual values for Beneficiary incidence in 5th quintile (richest) (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 20.7%
2009 15.8% -23.9%
2010 16.8% +6.3%
2011 16.6% -1.2%
2012 15.5% -6.3%
2013 19.7% +26.8%
2014 17.5% -10.9%
2015 18.8% +7.3%
2016 18.2% -3.3%
2017 18.7% +2.7%
2018 16.8% -10.0%
2019 15.6% -7.5%
2021 16.4% +5.3%
2023 16.6% +1.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.2% 15.8% 20.7% 2
2010s 17.4% 15.5% 19.7% 10
2020s 16.5% 16.4% 16.6% 2

Countries ranked near Panama

  1. 22 Romania 19.7% compare
  2. 23 Dominican Republic 18.4% compare
  3. 24 Mexico 17.1% compare
  4. 26 Türkiye 15.1% compare
  5. 27 Ecuador 15.0% compare
  6. 28 Colombia 14.2% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is beneficiary incidence in 5th quintile (richest) (%) - all private in Panama?
Beneficiary incidence in 5th quintile (richest) (%) - all private in Panama was 16.6% in 2023, according to ASPIRE.
What is the highest beneficiary incidence in 5th quintile (richest) (%) - all private recorded in Panama?
The highest recorded value was 20.7% in 2008.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) - all private recorded in Panama?
The lowest recorded value was 15.5% in 2012.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) - all private?
Panama ranks 25th out of 35 countries with data for 2023.
Is beneficiary incidence in 5th quintile (richest) (%) - all private rising or falling in Panama?
Over the last ten years it is down 15.5%. 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 5th quintile (richest) (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

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Beneficiary incidence in 5th quintile (richest) (%) - All Private in Panama. Statizoid, drawing on ASPIRE. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/beneficiary-incidence-in-5th-quintile-richest-percent-all-private-transfers-rural/panama/

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About this data

Indicator
Beneficiary incidence in 5th quintile (richest) (%) - All Private Transfers -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 336 data points, 2002–2023
Last refreshed

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