Benefits incidence in 2nd quintile (%) - Contributory Pensions in Panama

Panama: Benefits incidence in 2nd quintile (%) - Contributory Pensions was 4.3% in 2023. ▲ Rising

Latest (2023)
4.3%
Change on year
up 24.6%
World rank
23rd
of 32 countries
All-time high
4.4%
in 2019
All-time low
2.4%
in 2009
Years of data
14
2008–2023

Benefits incidence in 2nd quintile (%) - Contributory Pensions in Panama, 2008–2023

012342008201520232008: 2.92009: 2.42010: 2.52011: 3.12012: 3.42013: 2.92014: 3.32015: 3.72016: 3.42017: 42018: 3.92019: 4.42021: 3.42023: 4.3

Source: ASPIRE.

Analysis

The most recent figure for benefits incidence in 2nd quintile (%) - contributory pensions in Panama is 4.3%, measured in 2023.

Compared with earlier readings it is up 24.6% on the previous year and up 50.0% over ten years.

Over the whole period, benefits incidence in 2nd quintile (%) - contributory pensions in Panama peaked at 4.4% in 2019 and was at its lowest, 2.4%, in 2009.

Panama ranks 23rd of 32 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6% 2.4% 2.9% 2
2010s 3.5% 2.5% 4.4% 10
2020s 3.9% 3.4% 4.3% 2

Countries ranked near Panama

  1. 20 Costa Rica 5.2% compare
  2. 21 Dominican Republic 4.5% compare
  3. 22 Peru 4.4% compare
  4. 24 Mexico 4.0% compare
  5. 25 El Salvador 3.4% compare
  6. 26 Ecuador 2.9% compare

See the full ranking of 33 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 2nd quintile (%) - contributory pensions in Panama?
Benefits incidence in 2nd quintile (%) - contributory pensions in Panama was 4.3% in 2023, according to ASPIRE.
What is the highest benefits incidence in 2nd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 4.4% in 2019.
What is the lowest benefits incidence in 2nd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 2.4% in 2009.
How does Panama rank for benefits incidence in 2nd quintile (%) - contributory pensions?
Panama ranks 23rd out of 32 countries with data for 2023.
Is benefits incidence in 2nd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 50.0%. 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 2nd quintile (%) - Contributory Pensions. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Benefits incidence in 2nd quintile (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Percentage of benefits going to the second quintile relative to the total benefits going to the population