Benefits incidence in 5th quintile (richest) (%) - All Private in Panama

Panama: Benefits incidence in 5th quintile (richest) (%) - All Private was 32.1% in 2023. ▲ Rising

Latest (2023)
32.1%
Change on year
down 21.9%
World rank
27th
of 36 countries
All-time high
47.4%
in 2016
All-time low
16.8%
in 2013
Years of data
14
2008–2023

Benefits incidence in 5th quintile (richest) (%) - All Private in Panama, 2008–2023

010203040502008201520232008: 45.6 preT2009: 30.2 preT2010: 29.1 preT2011: 32.9 preT2012: 20.5 preT2013: 16.8 preT2014: 21.2 preT2015: 47.3 preT2016: 47.4 preT2017: 42.3 preT2018: 40.4 preT2019: 41.9 preT2021: 41.1 preT2023: 32.1 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, benefits incidence in 5th quintile (richest) (%) - all private in Panama stood at 32.1%.

The figure is down 21.9% on the previous year and up 91.1% over ten years.

Over the whole period, benefits incidence in 5th quintile (richest) (%) - all private in Panama peaked at 47.4% in 2016 and was at its lowest, 16.8%, in 2013.

Panama ranks 27th of 36 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.

Benefits incidence in 5th quintile (richest) (%) - All Private in Panama, year by year

Annual values for Benefits incidence in 5th quintile (richest) (%) - All Private Transfers (preT) in Panama, 2008 to 2023.
Year preT Change
2008 45.6%
2009 30.2% -33.8%
2010 29.1% -3.9%
2011 32.9% +13.4%
2012 20.5% -37.6%
2013 16.8% -18.2%
2014 21.2% +26.3%
2015 47.3% +123.0%
2016 47.4% +0.0%
2017 42.3% -10.6%
2018 40.4% -4.7%
2019 41.9% +3.8%
2021 41.1% -1.8%
2023 32.1% -21.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 37.9% 30.2% 45.6% 2
2010s 34.0% 16.8% 47.4% 10
2020s 36.6% 32.1% 41.1% 2

Countries ranked near Panama

  1. 24 Uruguay 33.1% compare
  2. 25 Georgia 32.9% compare
  3. 26 Armenia 32.6% compare
  4. 28 Belarus 32.1% compare
  5. 29 Dominican Republic 31.9% compare
  6. 30 Mexico 30.7% 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 5th quintile (richest) (%) - all private in Panama?
Benefits incidence in 5th quintile (richest) (%) - all private in Panama was 32.1% in 2023, according to ASPIRE.
What is the highest benefits incidence in 5th quintile (richest) (%) - all private recorded in Panama?
The highest recorded value was 47.4% in 2016.
What is the lowest benefits incidence in 5th quintile (richest) (%) - all private recorded in Panama?
The lowest recorded value was 16.8% in 2013.
How does Panama rank for benefits incidence in 5th quintile (richest) (%) - all private?
Panama ranks 27th out of 36 countries with data for 2023.
Is benefits incidence in 5th quintile (richest) (%) - all private rising or falling in Panama?
Over the last ten years it is up 91.1%. 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 5th quintile (richest) (%) - All Private Transfers (preT). Statizoid updates them automatically from the source API.

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Benefits incidence in 5th quintile (richest) (%) - All Private in Panama. Statizoid, drawing on ASPIRE. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-5th-quintile-richest-percent-all-private-transfers-pret/panama/

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About this data

Indicator
Benefits incidence in 5th quintile (richest) (%) - All Private Transfers (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 351 data points, 2002–2023
Last refreshed

Percentage of benefits going to the richestquintile relative to the total benefits going to the population