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

Panama: Benefits incidence in 2nd quintile (%) - All Private Transfers -rural was 11.3% in 2023. ▼ Falling

Latest (2023)
11.3%
Change on year
down 20.8%
World rank
28th
of 35 countries
All-time high
17.8%
in 2014
All-time low
9.5%
in 2015
Years of data
14
2008–2023

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

051015202008201520232008: 13.42009: 16.52010: 16.32011: 14.72012: 15.32013: 15.32014: 17.82015: 9.52016: 14.42017: 12.82018: 13.72019: 142021: 14.32023: 11.3

Source: ASPIRE.

Analysis

The most recent figure for benefits incidence in 2nd quintile (%) - all private transfers -rural in Panama is 11.3%, measured in 2023.

Compared with earlier readings it is down 20.8% on the previous year and down 26.0% over ten years.

Over the whole period, benefits incidence in 2nd quintile (%) - all private transfers -rural in Panama peaked at 17.8% in 2014 and was at its lowest, 9.5%, in 2015.

Panama ranks 28th of 35 countries on this measure, in the bottom quarter.

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

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

Annual values for Benefits incidence in 2nd quintile (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 13.4%
2009 16.5% +23.5%
2010 16.3% -1.4%
2011 14.7% -9.6%
2012 15.3% +3.8%
2013 15.3% -0.0%
2014 17.8% +16.3%
2015 9.5% -46.4%
2016 14.4% +50.8%
2017 12.8% -11.2%
2018 13.7% +7.2%
2019 14.0% +2.5%
2021 14.3% +1.9%
2023 11.3% -20.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.9% 13.4% 16.5% 2
2010s 14.4% 9.5% 17.8% 10
2020s 12.8% 11.3% 14.3% 2

Countries ranked near Panama

  1. 25 Mexico 11.7% compare
  2. 26 Kosovo 11.4% compare
  3. 26 Kosovo (UNSCR 1244) 11.4% compare
  4. 29 Kyrgyzstan 9.6% compare
  5. 30 Viet Nam 9.4% compare
  6. 31 Pakistan 9.3% 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 2nd quintile (%) - all private transfers -rural in Panama?
Benefits incidence in 2nd quintile (%) - all private transfers -rural in Panama was 11.3% in 2023, according to ASPIRE.
What is the highest benefits incidence in 2nd quintile (%) - all private transfers -rural recorded in Panama?
The highest recorded value was 17.8% in 2014.
What is the lowest benefits incidence in 2nd quintile (%) - all private transfers -rural recorded in Panama?
The lowest recorded value was 9.5% in 2015.
How does Panama rank for benefits incidence in 2nd quintile (%) - all private transfers -rural?
Panama ranks 28th out of 35 countries with data for 2023.
Is benefits incidence in 2nd quintile (%) - all private transfers -rural rising or falling in Panama?
Over the last ten years it is down 26.0%. 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 -rural. Statizoid updates them automatically from the source API.

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Benefits incidence in 2nd quintile (%) - All Private Transfers -rural in Panama. Statizoid, drawing on ASPIRE. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-2nd-quintile-percent-all-private-transfers-rural/panama/

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About this data

Indicator
Benefits incidence in 2nd quintile (%) - 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 second quintile relative to the total benefits going to the population