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

Panama: Benefits incidence in 1st quintile (poorest) (%) - Contributory was 0.7% in 2023. ▲ Rising

Latest (2023)
0.7%
Change on year
up 10.1%
World rank
28th
of 34 countries
All-time high
1.0%
in 2018
All-time low
0.4%
in 2009
Years of data
14
2008–2023

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

00.20.40.60.812008201520232008: 0.4792009: 0.412010: 0.4772011: 0.5742012: 0.4712013: 0.5582014: 0.872015: 0.6912016: 0.4792017: 0.9472018: 0.9762019: 0.7282021: 0.6652023: 0.732

Source: ASPIRE.

Analysis

The most recent figure for benefits incidence in 1st quintile (poorest) (%) - contributory in Panama is 0.7%, measured in 2023.

Compared with earlier readings it is up 10.1% on the previous year and up 31.2% over ten years.

Over the whole period, benefits incidence in 1st quintile (poorest) (%) - contributory in Panama peaked at 1.0% in 2018 and was at its lowest, 0.4%, in 2009.

That places Panama 28th out of 34 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.

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

Annual values for Benefits incidence in 1st quintile (poorest) (%) - Contributory Pensions in Panama, 2008 to 2023.
Year Value Change
2008 0.5%
2009 0.4% -14.4%
2010 0.5% +16.2%
2011 0.6% +20.4%
2012 0.5% -17.9%
2013 0.6% +18.3%
2014 0.9% +55.9%
2015 0.7% -20.6%
2016 0.5% -30.7%
2017 0.9% +97.7%
2018 1.0% +3.1%
2019 0.7% -25.4%
2021 0.7% -8.8%
2023 0.7% +10.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4% 0.4% 0.5% 2
2010s 0.7% 0.5% 1.0% 10
2020s 0.7% 0.7% 0.7% 2

Countries ranked near Panama

  1. 25 Mexico 1.2% compare
  2. 26 Thailand 1.1% compare
  3. 27 Ecuador 1.0% compare
  4. 29 Côte d'Ivoire 0.6% compare
  5. 30 Bolivia, Plurinational State of 0.3% compare
  6. 31 Colombia 0.1% compare

See the full ranking of 34 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 1st quintile (poorest) (%) - contributory in Panama?
Benefits incidence in 1st quintile (poorest) (%) - contributory in Panama was 0.7% in 2023, according to ASPIRE.
What is the highest benefits incidence in 1st quintile (poorest) (%) - contributory recorded in Panama?
The highest recorded value was 1.0% in 2018.
What is the lowest benefits incidence in 1st quintile (poorest) (%) - contributory recorded in Panama?
The lowest recorded value was 0.4% in 2009.
How does Panama rank for benefits incidence in 1st quintile (poorest) (%) - contributory?
Panama ranks 28th out of 34 countries with data for 2023.
Is benefits incidence in 1st quintile (poorest) (%) - contributory rising or falling in Panama?
Over the last ten years it is up 31.2%. 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 Benefits incidence in 1st quintile (poorest) (%) - Contributory Pensions. Statizoid updates them automatically from the source API.

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Benefits incidence in 1st quintile (poorest) (%) - Contributory in Panama. Statizoid, drawing on ASPIRE. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-1st-quintile-poorest-percent-contributory-pensions/panama/

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About this data

Indicator
Benefits incidence in 1st quintile (poorest) (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

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