Benefits incidence in 4th quintile (%) - All Private Transfers -urban in Panama

Panama: Benefits incidence in 4th quintile (%) - All Private Transfers -urban was 21.3% in 2023. ▼ Falling

Latest (2023)
21.3%
Change on year
up 21.6%
World rank
24th
of 36 countries
All-time high
23.6%
in 2009
All-time low
15.1%
in 2019
Years of data
14
2008–2023

Benefits incidence in 4th quintile (%) - All Private Transfers -urban in Panama, 2008–2023

05101520252008201520232008: 18.92009: 23.62010: 19.92011: 202012: 19.92013: 16.52014: 19.62015: 18.42016: 16.82017: 16.32018: 172019: 15.12021: 17.52023: 21.3

Source: ASPIRE.

Analysis

Panama recorded 21.3% for benefits incidence in 4th quintile (%) - all private transfers -urban in 2023.

That represents a change of up 21.6% on the previous year and up 29.3% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) - all private transfers -urban in Panama peaked at 23.6% in 2009 and was at its lowest, 15.1%, in 2019.

That places Panama 24th 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 4th quintile (%) - All Private Transfers -urban in Panama, year by year

Annual values for Benefits incidence in 4th quintile (%) - All Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 18.9%
2009 23.6% +24.8%
2010 19.9% -15.7%
2011 20.0% +0.7%
2012 19.9% -0.7%
2013 16.5% -17.1%
2014 19.6% +18.9%
2015 18.4% -6.3%
2016 16.8% -8.6%
2017 16.3% -2.6%
2018 17.0% +4.1%
2019 15.1% -11.3%
2021 17.5% +16.0%
2023 21.3% +21.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.2% 18.9% 23.6% 2
2010s 17.9% 15.1% 20.0% 10
2020s 19.4% 17.5% 21.3% 2

Countries ranked near Panama

  1. 21 Sri Lanka 21.5% compare
  2. 22 Costa Rica 21.5% compare
  3. 23 Honduras 21.3% compare
  4. 25 Kazakhstan 21.1% compare
  5. 26 Burkina Faso 20.7% compare
  6. 27 Bolivia, Plurinational State of 20.3% 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 4th quintile (%) - all private transfers -urban in Panama?
Benefits incidence in 4th quintile (%) - all private transfers -urban in Panama was 21.3% in 2023, according to ASPIRE.
What is the highest benefits incidence in 4th quintile (%) - all private transfers -urban recorded in Panama?
The highest recorded value was 23.6% in 2009.
What is the lowest benefits incidence in 4th quintile (%) - all private transfers -urban recorded in Panama?
The lowest recorded value was 15.1% in 2019.
How does Panama rank for benefits incidence in 4th quintile (%) - all private transfers -urban?
Panama ranks 24th out of 36 countries with data for 2023.
Is benefits incidence in 4th quintile (%) - all private transfers -urban rising or falling in Panama?
Over the last ten years it is up 29.3%. 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 4th quintile (%) - All Private Transfers -urban. Statizoid updates them automatically from the source API.

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Benefits incidence in 4th quintile (%) - All Private Transfers -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-4th-quintile-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Benefits incidence in 4th 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 fourth quintile relative to the total benefits going to the population