Benefits incidence in 2nd quintile (%) - All Private Transfers in Panama

Panama: Benefits incidence in 2nd quintile (%) - All Private Transfers was 16.1% in 2023. ▼ Falling

Latest (2023)
16.1%
Change on year
up 6.8%
World rank
9th
of 36 countries
All-time high
23.4%
in 2014
All-time low
12.3%
in 2017
Years of data
14
2008–2023

Benefits incidence in 2nd quintile (%) - All Private Transfers in Panama, 2008–2023

05101520252008201520232008: 12.4 preT2009: 14.6 preT2010: 16.4 preT2011: 14.4 preT2012: 22.1 preT2013: 22.4 preT2014: 23.4 preT2015: 12.8 preT2016: 12.9 preT2017: 12.3 preT2018: 14.7 preT2019: 14.2 preT2021: 15.1 preT2023: 16.1 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 16.1% for benefits incidence in 2nd quintile (%) - all private transfers in 2023.

Compared with earlier readings it is up 6.8% on the previous year and down 28.1% over ten years.

Over the whole period, benefits incidence in 2nd quintile (%) - all private transfers in Panama peaked at 23.4% in 2014 and was at its lowest, 12.3%, in 2017.

Panama ranks 9th of 36 countries on this measure, in the top quarter.

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

Benefits incidence in 2nd quintile (%) - All Private Transfers in Panama, year by year

Annual values for Benefits incidence in 2nd quintile (%) - All Private Transfers (preT) in Panama, 2008 to 2023.
Year preT Change
2008 12.4%
2009 14.6% +17.8%
2010 16.4% +12.8%
2011 14.4% -12.3%
2012 22.1% +53.2%
2013 22.4% +1.2%
2014 23.4% +4.7%
2015 12.8% -45.3%
2016 12.9% +0.9%
2017 12.3% -5.2%
2018 14.7% +20.0%
2019 14.2% -3.4%
2021 15.1% +5.9%
2023 16.1% +6.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.5% 12.4% 14.6% 2
2010s 16.6% 12.3% 23.4% 10
2020s 15.6% 15.1% 16.1% 2

Countries ranked near Panama

  1. 6 Costa Rica 16.6% compare
  2. 7 Mexico 16.5% compare
  3. 8 Peru 16.4% compare
  4. 10 Chile 15.9% compare
  5. 11 Dominican Republic 15.8% compare
  6. 12 Belarus 15.8% 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 2nd quintile (%) - all private transfers in Panama?
Benefits incidence in 2nd quintile (%) - all private transfers in Panama was 16.1% in 2023, according to ASPIRE.
What is the highest benefits incidence in 2nd quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 23.4% in 2014.
What is the lowest benefits incidence in 2nd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 12.3% in 2017.
How does Panama rank for benefits incidence in 2nd quintile (%) - all private transfers?
Panama ranks 9th out of 36 countries with data for 2023.
Is benefits incidence in 2nd quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is down 28.1%. 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 2nd quintile (%) - All Private Transfers (preT). Statizoid updates them automatically from the source API.

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Benefits incidence in 2nd quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-2nd-quintile-percent-all-private-transfers-pret/panama/

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About this data

Indicator
Benefits incidence in 2nd quintile (%) - All Private Transfers (preT)
Unit
preT
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 second quintile relative to the total benefits going to the population