Benefits incidence in 3rd quintile (%) - Contributory Pensions -rural in Panama

Panama: Benefits incidence in 3rd quintile (%) - Contributory Pensions -rural was 6.1% in 2023. ▲ Rising

Latest (2023)
6.1%
Change on year
down 9.1%
World rank
23rd
of 29 countries
All-time high
7.5%
in 2014
All-time low
3.4%
in 2009
Years of data
14
2008–2023

Benefits incidence in 3rd quintile (%) - Contributory Pensions -rural in Panama, 2008–2023

024682008201520232008: 4.22009: 3.42010: 4.42011: 4.42012: 4.92013: 4.82014: 7.52015: 6.32016: 4.62017: 5.32018: 7.42019: 6.82021: 6.82023: 6.1

Source: ASPIRE.

Analysis

The most recent figure for benefits incidence in 3rd quintile (%) - contributory pensions -rural in Panama is 6.1%, measured in 2023.

The figure is down 9.1% on the previous year and up 27.7% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - contributory pensions -rural in Panama peaked at 7.5% in 2014 and was at its lowest, 3.4%, in 2009.

Panama ranks 23rd of 29 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.8% 3.4% 4.2% 2
2010s 5.6% 4.4% 7.5% 10
2020s 6.5% 6.1% 6.8% 2

Countries ranked near Panama

  1. 20 El Salvador 9.3% compare
  2. 21 Cote d'Ivoire 9.3% compare
  3. 22 Mexico 6.9% compare
  4. 24 Thailand 5.6% compare
  5. 25 Bolivia 5.5% compare

See the full ranking of 30 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 3rd quintile (%) - contributory pensions -rural in Panama?
Benefits incidence in 3rd quintile (%) - contributory pensions -rural in Panama was 6.1% in 2023, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - contributory pensions -rural recorded in Panama?
The highest recorded value was 7.5% in 2014.
What is the lowest benefits incidence in 3rd quintile (%) - contributory pensions -rural recorded in Panama?
The lowest recorded value was 3.4% in 2009.
How does Panama rank for benefits incidence in 3rd quintile (%) - contributory pensions -rural?
Panama ranks 23rd out of 29 countries with data for 2023.
Is benefits incidence in 3rd quintile (%) - contributory pensions -rural rising or falling in Panama?
Over the last ten years it is up 27.7%. 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 3rd quintile (%) - Contributory Pensions -rural. 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 3rd quintile (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
30 places, 287 data points, 2002–2023
Last refreshed

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