Benefits incidence in 4th quintile (%) - Contributory Pensions in Panama

Panama: Benefits incidence in 4th quintile (%) - Contributory Pensions was 21.8% in 2023. ▲ Rising

Latest (2023)
21.8%
Change on year
up 3.2%
World rank
10th
of 32 countries
All-time high
24.3%
in 2019
All-time low
18.7%
in 2010
Years of data
14
2008–2023

Benefits incidence in 4th quintile (%) - Contributory Pensions in Panama, 2008–2023

05101520252008201520232008: 21.8 preT2009: 19.7 preT2010: 18.7 preT2011: 21.9 preT2012: 20.6 preT2013: 18.9 preT2014: 19.6 preT2015: 23.9 preT2016: 21.2 preT2017: 22.7 preT2018: 23.5 preT2019: 24.3 preT2021: 21.1 preT2023: 21.8 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 21.8% for benefits incidence in 4th quintile (%) - contributory pensions in 2023.

That represents a change of up 3.2% on the previous year and up 15.1% over ten years.

Over the whole period, benefits incidence in 4th quintile (%) - contributory pensions in Panama peaked at 24.3% in 2019 and was at its lowest, 18.7%, in 2010.

Panama ranks 10th 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 20.7% 19.7% 21.8% 2
2010s 21.5% 18.7% 24.3% 10
2020s 21.4% 21.1% 21.8% 2

Countries ranked near Panama

  1. 7 Uruguay 23.2% compare
  2. 8 Sri Lanka 22.2% compare
  3. 9 Turkey 21.8% compare
  4. 11 Bolivia 21.6% compare
  5. 12 Mexico 21.1% compare
  6. 13 Brazil 21.0% 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 4th quintile (%) - contributory pensions in Panama?
Benefits incidence in 4th quintile (%) - contributory pensions in Panama was 21.8% in 2023, according to ASPIRE.
What is the highest benefits incidence in 4th quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 24.3% in 2019.
What is the lowest benefits incidence in 4th quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 18.7% in 2010.
How does Panama rank for benefits incidence in 4th quintile (%) - contributory pensions?
Panama ranks 10th out of 32 countries with data for 2023.
Is benefits incidence in 4th quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 15.1%. 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 4th quintile (%) - Contributory Pensions (preT). 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 4th quintile (%) - Contributory Pensions (preT)
Unit
preT
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 fourth quintile relative to the total benefits going to the population