Benefit-cost ratio - Contributory Pensions -1st quintile in Panama

Panama: Benefit-cost ratio - Contributory Pensions -1st quintile was 0.0413 poorest in 2023. ▲ Rising

Latest (2023)
0.0413 poorest
Change on year
up 22.2%
World rank
26th
of 32 countries
All-time high
0.0413 poorest
in 2023
All-time low
0.0252 poorest
in 2013
Years of data
14
2008–2023

Benefit-cost ratio - Contributory Pensions -1st quintile in Panama, 2008–2023

00.010.020.030.042008201520232008: 0.03 poorest2009: 0.028 poorest2010: 0.026 poorest2011: 0.034 poorest2012: 0.03 poorest2013: 0.025 poorest2014: 0.034 poorest2015: 0.036 poorest2016: 0.03 poorest2017: 0.038 poorest2018: 0.041 poorest2019: 0.037 poorest2021: 0.034 poorest2023: 0.041 poorest

Source: ASPIRE. Measured in poorest.

Analysis

The most recent figure for benefit-cost ratio - contributory pensions -1st quintile in Panama is 0.0413 poorest, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 22.2% on the previous year and up 64.1% over ten years.

Over the whole period, benefit-cost ratio - contributory pensions -1st quintile in Panama peaked at 0.0413 poorest in 2023 and was at its lowest, 0.0252 poorest, in 2013.

That places Panama 26th out of 32 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0289 poorest 0.0283 poorest 0.0295 poorest 2
2010s 0.0331 poorest 0.0252 poorest 0.0407 poorest 10
2020s 0.0375 poorest 0.0338 poorest 0.0413 poorest 2

Countries ranked near Panama

  1. 23 Mexico 0.0522 poorest compare
  2. 24 Peru 0.0496 poorest compare
  3. 25 South Africa 0.0439 poorest compare
  4. 27 Bolivia 0.035 poorest compare
  5. 28 Ecuador 0.031 poorest compare
  6. 29 El Salvador 0.0295 poorest compare

See the full ranking of 33 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is benefit-cost ratio - contributory pensions -1st quintile in Panama?
Benefit-cost ratio - contributory pensions -1st quintile in Panama was 0.0413 poorest in 2023, according to ASPIRE.
What is the highest benefit-cost ratio - contributory pensions -1st quintile recorded in Panama?
The highest recorded value was 0.0413 poorest in 2023.
What is the lowest benefit-cost ratio - contributory pensions -1st quintile recorded in Panama?
The lowest recorded value was 0.0252 poorest in 2013.
How does Panama rank for benefit-cost ratio - contributory pensions -1st quintile?
Panama ranks 26th out of 32 countries with data for 2023.
Is benefit-cost ratio - contributory pensions -1st quintile rising or falling in Panama?
Over the last ten years it is up 64.1%. 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 Benefit-cost ratio - Contributory Pensions -1st quintile (poorest). Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Benefit-cost ratio - Contributory Pensions -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Poverty gap reduction obtained for each $1 spent in Contributory Pensions programs (%)