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

Panama: Benefits incidence in 3rd quintile (%) - All Private Transfers -urban was 15.1% in 2023. ▼ Falling

Latest (2023)
15.1%
Change on year
down 0.9%
World rank
25th
of 36 countries
All-time high
22.0%
in 2013
All-time low
14.8%
in 2016
Years of data
14
2008–2023

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

051015202008201520232008: 15.52009: 18.42010: 19.22011: 17.62012: 202013: 222014: 20.52015: 15.22016: 14.82017: 17.92018: 16.92019: 17.32021: 15.32023: 15.1

Source: ASPIRE.

Analysis

In 2023, benefits incidence in 3rd quintile (%) - all private transfers -urban in Panama stood at 15.1%.

Compared with earlier readings it is down 0.9% on the previous year and down 31.3% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - all private transfers -urban in Panama peaked at 22.0% in 2013 and was at its lowest, 14.8%, in 2016.

That places Panama 25th out of 36 countries with data for 2023, putting it in the middle of the range.

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

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

Annual values for Benefits incidence in 3rd quintile (%) - All Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 15.5%
2009 18.4% +19.3%
2010 19.2% +4.0%
2011 17.6% -8.4%
2012 20.0% +13.6%
2013 22.0% +10.5%
2014 20.5% -6.8%
2015 15.2% -26.1%
2016 14.8% -2.5%
2017 17.9% +21.3%
2018 16.9% -5.9%
2019 17.3% +2.7%
2021 15.3% -11.9%
2023 15.1% -0.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.9% 15.5% 18.4% 2
2010s 18.1% 14.8% 22.0% 10
2020s 15.2% 15.1% 15.3% 2

Countries ranked near Panama

  1. 22 Uruguay 15.7% compare
  2. 23 Belarus 15.5% compare
  3. 24 Côte d'Ivoire 15.5% compare
  4. 26 Mongolia 14.7% compare
  5. 27 Romania 14.7% compare
  6. 28 Georgia 14.7% 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 3rd quintile (%) - all private transfers -urban in Panama?
Benefits incidence in 3rd quintile (%) - all private transfers -urban in Panama was 15.1% in 2023, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - all private transfers -urban recorded in Panama?
The highest recorded value was 22.0% in 2013.
What is the lowest benefits incidence in 3rd quintile (%) - all private transfers -urban recorded in Panama?
The lowest recorded value was 14.8% in 2016.
How does Panama rank for benefits incidence in 3rd quintile (%) - all private transfers -urban?
Panama ranks 25th out of 36 countries with data for 2023.
Is benefits incidence in 3rd quintile (%) - all private transfers -urban rising or falling in Panama?
Over the last ten years it is down 31.3%. 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 -urban. Statizoid updates them automatically from the source API.

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Benefits incidence in 3rd quintile (%) - All Private Transfers -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-3rd-quintile-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Benefits incidence in 3rd quintile (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 350 data points, 2002–2023
Last refreshed

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