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

Panama: Benefits incidence in 5th quintile (richest) (%) - Contributory was 55.8% in 2023. ▼ Falling

Latest (2023)
55.8%
Change on year
down 8.1%
World rank
8th
of 34 countries
All-time high
65.9%
in 2010
All-time low
52.4%
in 2018
Years of data
14
2008–2023

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

02040602008201520232008: 56.6 preT2009: 64.7 preT2010: 65.9 preT2011: 58.5 preT2012: 59.5 preT2013: 63.8 preT2014: 59.6 preT2015: 54.5 preT2016: 60.2 preT2017: 55 preT2018: 52.4 preT2019: 53.4 preT2021: 60.7 preT2023: 55.8 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, benefits incidence in 5th quintile (richest) (%) - contributory in Panama stood at 55.8%.

Compared with earlier readings it is down 8.1% on the previous year and down 12.6% over ten years.

Over the whole period, benefits incidence in 5th quintile (richest) (%) - contributory in Panama peaked at 65.9% in 2010 and was at its lowest, 52.4%, in 2018.

That places Panama 8th out of 34 countries with data for 2023, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 60.6% 56.6% 64.7% 2
2010s 58.3% 52.4% 65.9% 10
2020s 58.2% 55.8% 60.7% 2

Countries ranked near Panama

  1. 5 Paraguay 63.5% compare
  2. 6 El Salvador 59.1% compare
  3. 7 Bolivia, Plurinational State of 56.4% compare
  4. 9 Peru 55.7% compare
  5. 10 Mexico 54.8% compare
  6. 11 Costa Rica 53.3% compare

See the full ranking of 34 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is benefits incidence in 5th quintile (richest) (%) - contributory in Panama?
Benefits incidence in 5th quintile (richest) (%) - contributory in Panama was 55.8% in 2023, according to ASPIRE.
What is the highest benefits incidence in 5th quintile (richest) (%) - contributory recorded in Panama?
The highest recorded value was 65.9% in 2010.
What is the lowest benefits incidence in 5th quintile (richest) (%) - contributory recorded in Panama?
The lowest recorded value was 52.4% in 2018.
How does Panama rank for benefits incidence in 5th quintile (richest) (%) - contributory?
Panama ranks 8th out of 34 countries with data for 2023.
Is benefits incidence in 5th quintile (richest) (%) - contributory rising or falling in Panama?
Over the last ten years it is down 12.6%. 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 5th quintile (richest) (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Benefits incidence in 5th quintile (richest) (%) - Contributory in Panama. Statizoid, drawing on ASPIRE. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-5th-quintile-richest-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Benefits incidence in 5th quintile (richest) (%) - Contributory Pensions (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

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