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

Panama: Beneficiary incidence in 5th quintile (richest) (%) - All Private was 12.9% in 2023. ▲ Rising

Latest (2023)
12.9%
Change on year
down 16.5%
World rank
29th
of 37 countries
All-time high
15.4%
in 2021
All-time low
9.2%
in 2013
Years of data
14
2008–2023

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

0510152008201520232008: 14.72009: 11.72010: 12.12011: 10.72012: 9.62013: 9.22014: 10.22015: 13.52016: 13.82017: 13.22018: 13.22019: 12.42021: 15.42023: 12.9

Source: ASPIRE.

Analysis

The most recent figure for beneficiary incidence in 5th quintile (richest) (%) - all private in Panama is 12.9%, measured in 2023.

The figure is down 16.5% on the previous year and up 39.4% over ten years.

Over the whole period, beneficiary incidence in 5th quintile (richest) (%) - all private in Panama peaked at 15.4% in 2021 and was at its lowest, 9.2%, in 2013.

That places Panama 29th out of 37 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.

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 in Panama, 2008 to 2023.
Year Value Change
2008 14.7%
2009 11.7% -20.0%
2010 12.1% +3.1%
2011 10.7% -11.7%
2012 9.6% -10.4%
2013 9.2% -3.6%
2014 10.2% +11.0%
2015 13.5% +31.6%
2016 13.8% +2.3%
2017 13.2% -4.2%
2018 13.2% -0.2%
2019 12.4% -6.0%
2021 15.4% +24.3%
2023 12.9% -16.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.2% 11.7% 14.7% 2
2010s 11.8% 9.2% 13.8% 10
2020s 14.1% 12.9% 15.4% 2

Countries ranked near Panama

  1. 26 Chile 14.7% compare
  2. 27 Paraguay 14.5% compare
  3. 28 Brazil 13.2% compare
  4. 30 Mexico 12.4% compare
  5. 31 Colombia 11.3% compare
  6. 32 Thailand 11.1% 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 5th quintile (richest) (%) - all private in Panama?
Beneficiary incidence in 5th quintile (richest) (%) - all private in Panama was 12.9% 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 15.4% in 2021.
What is the lowest beneficiary incidence in 5th quintile (richest) (%) - all private recorded in Panama?
The lowest recorded value was 9.2% in 2013.
How does Panama rank for beneficiary incidence in 5th quintile (richest) (%) - all private?
Panama ranks 29th out of 37 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 up 39.4%. 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 5th quintile (richest) (%) - All Private Transfers. 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 26 August 2026, from https://reference.statizoid.com/stat/beneficiary-incidence-in-5th-quintile-richest-percent-all-private-transfers/panama/

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About this data

Indicator
Beneficiary incidence in 5th quintile (richest) (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 362 data points, 2002–2023
Last refreshed

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