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

Panama: Benefits incidence in 1st quintile (poorest) (%) - All Private was 10.5% in 2023. ▬ Flat

Latest (2023)
10.5%
Change on year
up 23.8%
World rank
16th
of 36 countries
All-time high
11.2%
in 2013
All-time low
6.5%
in 2016
Years of data
14
2008–2023

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

02.557.5102008201520232008: 6.62009: 9.22010: 102011: 10.32012: 10.22013: 11.22014: 10.42015: 6.72016: 6.52017: 7.42018: 7.82019: 8.42021: 8.52023: 10.5

Source: ASPIRE.

Analysis

Panama recorded 10.5% for benefits incidence in 1st quintile (poorest) (%) - all private in 2023.

The figure is up 23.8% on the previous year and down 6.4% over ten years.

Over the whole period, benefits incidence in 1st quintile (poorest) (%) - all private in Panama peaked at 11.2% in 2013 and was at its lowest, 6.5%, in 2016.

Panama ranks 16th of 36 countries on this measure, in the middle of the range.

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 in Panama, 2008 to 2023.
Year Value Change
2008 6.6%
2009 9.2% +40.6%
2010 10.0% +8.7%
2011 10.3% +2.6%
2012 10.2% -1.0%
2013 11.2% +10.3%
2014 10.4% -7.2%
2015 6.7% -35.6%
2016 6.5% -3.3%
2017 7.4% +14.5%
2018 7.8% +4.2%
2019 8.4% +8.4%
2021 8.5% +1.0%
2023 10.5% +23.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.9% 6.6% 9.2% 2
2010s 8.9% 6.5% 11.2% 10
2020s 9.5% 8.5% 10.5% 2

Countries ranked near Panama

  1. 13 Argentina 11.2% compare
  2. 14 Moldova 11.0% compare
  3. 15 Colombia 10.9% compare
  4. 17 Kyrgyzstan 10.1% compare
  5. 18 Brazil 9.5% compare
  6. 19 Ecuador 9.4% compare

See the full ranking of 36 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 10.5% 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 11.2% in 2013.
What is the lowest benefits incidence in 1st quintile (poorest) (%) - all private recorded in Panama?
The lowest recorded value was 6.5% in 2016.
How does Panama rank for benefits incidence in 1st quintile (poorest) (%) - all private?
Panama ranks 16th out of 36 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 down 6.4%. The long-run trend across the full record is flat.
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. 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 29 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-1st-quintile-poorest-percent-all-private-transfers/panama/

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About this data

Indicator
Benefits incidence in 1st quintile (poorest) (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 351 data points, 2002–2023
Last refreshed

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