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

Panama: Benefits incidence in 3rd quintile (%) - Contributory Pensions was 9.0% in 2023. ▲ Rising

Latest (2023)
9.0%
Change on year
up 11.2%
World rank
24th
of 32 countries
All-time high
10.5%
in 2018
All-time low
4.9%
in 2010
Years of data
14
2008–2023

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

02.557.5102008201520232008: 8.22009: 6.72010: 4.92011: 7.22012: 82013: 7.52014: 8.32015: 9.12016: 82017: 9.12018: 10.52019: 10.32021: 8.12023: 9

Source: ASPIRE.

Analysis

Panama recorded 9.0% for benefits incidence in 3rd quintile (%) - contributory pensions in 2023.

The figure is up 11.2% on the previous year and up 19.0% over ten years.

Over the whole period, benefits incidence in 3rd quintile (%) - contributory pensions in Panama peaked at 10.5% in 2018 and was at its lowest, 4.9%, in 2010.

Panama ranks 24th 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 7.5% 6.7% 8.2% 2
2010s 8.3% 4.9% 10.5% 10
2020s 8.5% 8.1% 9.0% 2

Countries ranked near Panama

  1. 21 Dominican Republic 9.4% compare
  2. 22 Peru 9.2% compare
  3. 23 Costa Rica 9.0% compare
  4. 25 Ecuador 8.3% compare
  5. 26 Mexico 8.0% compare
  6. 27 Thailand 7.9% 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 3rd quintile (%) - contributory pensions in Panama?
Benefits incidence in 3rd quintile (%) - contributory pensions in Panama was 9.0% in 2023, according to ASPIRE.
What is the highest benefits incidence in 3rd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 10.5% in 2018.
What is the lowest benefits incidence in 3rd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 4.9% in 2010.
How does Panama rank for benefits incidence in 3rd quintile (%) - contributory pensions?
Panama ranks 24th out of 32 countries with data for 2023.
Is benefits incidence in 3rd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 19.0%. 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 3rd 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 3rd 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 third quintile relative to the total benefits going to the population