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

Panama: Benefits incidence in 3rd quintile (%) - All Private Transfers -rural was 21.2% in 2023. ▬ Flat

Latest (2023)
21.2%
Change on year
down 5.5%
World rank
6th
of 35 countries
All-time high
29.9%
in 2013
All-time low
14.3%
in 2015
Years of data
14
2008–2023

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

01020302008201520232008: 19.92009: 17.12010: 20.32011: 21.32012: 26.52013: 29.92014: 28.82015: 14.32016: 19.72017: 18.12018: 18.82019: 19.42021: 22.52023: 21.2

Source: ASPIRE.

Analysis

Panama recorded 21.2% for benefits incidence in 3rd quintile (%) - all private transfers -rural in 2023.

The figure is down 5.5% on the previous year and down 29.0% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - all private transfers -rural in Panama peaked at 29.9% in 2013 and was at its lowest, 14.3%, in 2015.

That places Panama 6th out of 35 countries with data for 2023, putting it in the top quarter.

Benefits incidence in 3rd quintile (%) - All Private Transfers -rural in Panama, year by year

Annual values for Benefits incidence in 3rd quintile (%) - All Private Transfers -rural in Panama, 2008 to 2023.
Year Value Change
2008 19.9%
2009 17.1% -14.0%
2010 20.3% +18.8%
2011 21.3% +4.9%
2012 26.5% +24.3%
2013 29.9% +12.9%
2014 28.8% -3.7%
2015 14.3% -50.3%
2016 19.7% +37.7%
2017 18.1% -8.3%
2018 18.8% +4.2%
2019 19.4% +3.0%
2021 22.5% +15.7%
2023 21.2% -5.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.5% 17.1% 19.9% 2
2010s 21.7% 14.3% 29.9% 10
2020s 21.8% 21.2% 22.5% 2

Countries ranked near Panama

  1. 3 South Africa 23.6% compare
  2. 4 Brazil 22.0% compare
  3. 5 Viet Nam 21.9% compare
  4. 7 Thailand 20.6% compare
  5. 8 Costa Rica 20.6% compare
  6. 9 Chile 20.5% 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 3rd quintile (%) - all private transfers -rural in Panama?
Benefits incidence in 3rd quintile (%) - all private transfers -rural in Panama was 21.2% in 2023, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - all private transfers -rural recorded in Panama?
The highest recorded value was 29.9% in 2013.
What is the lowest benefits incidence in 3rd quintile (%) - all private transfers -rural recorded in Panama?
The lowest recorded value was 14.3% in 2015.
How does Panama rank for benefits incidence in 3rd quintile (%) - all private transfers -rural?
Panama ranks 6th out of 35 countries with data for 2023.
Is benefits incidence in 3rd quintile (%) - all private transfers -rural rising or falling in Panama?
Over the last ten years it is down 29.0%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Benefits incidence in 3rd quintile (%) - All Private Transfers -rural. Statizoid updates them automatically from the source API.

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Benefits incidence in 3rd quintile (%) - All Private Transfers -rural in Panama. Statizoid, drawing on ASPIRE. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-3rd-quintile-percent-all-private-transfers-rural/panama/

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About this data

Indicator
Benefits incidence in 3rd 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 third quintile relative to the total benefits going to the population