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Benefits incidence in 3rd quintile (%) - All Private Transfers in Panama

Panama: Benefits incidence in 3rd quintile (%) - All Private Transfers was 20.6% in 2023. β–Ό Falling

Latest (2023)
20.6%
Change on year
up 18.4%
World rank
5th
of 35 countries
All-time high
26.0%
in 2012
All-time low
13.0%
in 2015
Years of data
14
2008–2023

Benefits incidence in 3rd quintile (%) - All Private Transfers in Panama, 2008–2023

01020302008201520232008: 14.6 preT2009: 21.5 preT2010: 22.6 preT2011: 18.6 preT2012: 26 preT2013: 25.3 preT2014: 22.9 preT2015: 13 preT2016: 15.9 preT2017: 18.1 preT2018: 18.4 preT2019: 18.4 preT2021: 17.4 preT2023: 20.6 preT

Source: ASPIRE. Measured in preT.

Analysis

The most recent figure for benefits incidence in 3rd quintile (%) - all private transfers in Panama is 20.6%, measured in 2023.

The figure is up 18.4% on the previous year and down 18.6% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - all private transfers in Panama peaked at 26.0% in 2012 and was at its lowest, 13.0%, in 2015.

That places Panama 5th out of 35 countries with data for 2023, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.1% 14.6% 21.5% 2
2010s 19.9% 13.0% 26.0% 10
2020s 19.0% 17.4% 20.6% 2

Countries ranked near Panama

  1. 2 Serbia 21.2% compare
  2. 3 Armenia 21.0% compare
  3. 4 Thailand 20.7% compare
  4. 6 Republic of Moldova 19.8% compare
  5. 7 El Salvador 19.1% compare
  6. 8 Mexico 19.0% compare

See the full ranking of 35 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is benefits incidence in 3rd quintile (%) - all private transfers in Panama?
Benefits incidence in 3rd quintile (%) - all private transfers in Panama was 20.6% in 2023, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 26.0% in 2012.
What is the lowest benefits incidence in 3rd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 13.0% in 2015.
How does Panama rank for benefits incidence in 3rd quintile (%) - all private transfers?
Panama ranks 5th out of 35 countries with data for 2023.
Is benefits incidence in 3rd quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is down 18.6%. 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 3rd quintile (%) - All Private Transfers (preT). Statizoid updates them automatically from the source API.

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Benefits incidence in 3rd quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-3rd-quintile-percent-all-private-transfers-pret/panama/

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About this data

Indicator
Benefits incidence in 3rd quintile (%) - All Private Transfers (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 346 data points, 2002–2023
Last refreshed

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