Benefits incidence in 1st quintile (poorest) (%) - All Private in Panama

Panama: Benefits incidence in 1st quintile (poorest) (%) - All Private was 5.0% in 2023. ▼ Falling

Latest (2023)
5.0%
Change on year
down 15.9%
World rank
32nd
of 35 countries
All-time high
8.2%
in 2010
All-time low
2.1%
in 2014
Years of data
14
2008–2023

Benefits incidence in 1st quintile (poorest) (%) - All Private in Panama, 2008–2023

24682008201520232008: 7.72009: 7.82010: 8.22011: 52012: 2.82013: 4.62014: 2.12015: 2.92016: 4.52017: 3.92018: 4.52019: 5.82021: 5.92023: 5

Source: ASPIRE.

Analysis

Panama recorded 5.0% for benefits incidence in 1st quintile (poorest) (%) - all private in 2023.

Compared with earlier readings it is down 15.9% on the previous year and up 9.6% over ten years.

Over the whole period, benefits incidence in 1st quintile (poorest) (%) - all private in Panama peaked at 8.2% in 2010 and was at its lowest, 2.1%, in 2014.

That places Panama 32nd out of 35 countries with data for 2023, putting it in the bottom quarter.

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

Benefits incidence in 1st quintile (poorest) (%) - All Private in Panama, year by year

Annual values for Benefits incidence in 1st quintile (poorest) (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 7.7%
2009 7.8% +0.9%
2010 8.2% +5.6%
2011 5.0% -39.8%
2012 2.8% -42.6%
2013 4.6% +60.2%
2014 2.1% -54.6%
2015 2.9% +41.5%
2016 4.5% +54.0%
2017 3.9% -14.2%
2018 4.5% +16.4%
2019 5.8% +28.5%
2021 5.9% +2.6%
2023 5.0% -15.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.8% 7.7% 7.8% 2
2010s 4.4% 2.1% 8.2% 10
2020s 5.5% 5.0% 5.9% 2

Countries ranked near Panama

  1. 29 Pakistan 5.6% compare
  2. 30 Bolivia, Plurinational State of 5.3% compare
  3. 31 Sri Lanka 5.2% compare
  4. 33 South Africa 4.7% compare
  5. 34 Viet Nam 3.2% compare
  6. 35 Honduras 2.1% compare

See the full ranking of 35 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 1st quintile (poorest) (%) - all private in Panama?
Benefits incidence in 1st quintile (poorest) (%) - all private in Panama was 5.0% in 2023, according to ASPIRE.
What is the highest benefits incidence in 1st quintile (poorest) (%) - all private recorded in Panama?
The highest recorded value was 8.2% in 2010.
What is the lowest benefits incidence in 1st quintile (poorest) (%) - all private recorded in Panama?
The lowest recorded value was 2.1% in 2014.
How does Panama rank for benefits incidence in 1st quintile (poorest) (%) - all private?
Panama ranks 32nd out of 35 countries with data for 2023.
Is benefits incidence in 1st quintile (poorest) (%) - all private rising or falling in Panama?
Over the last ten years it is up 9.6%. 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 Benefits incidence in 1st quintile (poorest) (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

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Benefits incidence in 1st quintile (poorest) (%) - All Private in Panama. Statizoid, drawing on ASPIRE. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-1st-quintile-poorest-percent-all-private-transfers-rural/panama/

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About this data

Indicator
Benefits incidence in 1st quintile (poorest) (%) - All Private Transfers -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 334 data points, 2002–2023
Last refreshed

Percentage of benefits going to the 1st quintile (poorest) relative to the total benefits going to the population