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

Panama: Benefits incidence in 5th quintile (richest) (%) - Contributory was 71.7% in 2023. ▼ Falling

Latest (2023)
71.7%
Change on year
down 4.8%
World rank
8th
of 31 countries
All-time high
82.1%
in 2010
All-time low
71.7%
in 2023
Years of data
14
2008–2023

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

0204060802008201520232008: 77.22009: 81.12010: 82.12011: 78.22012: 77.52013: 79.32014: 76.92015: 74.52016: 73.42017: 74.52018: 72.12019: 73.22021: 75.32023: 71.7

Source: ASPIRE.

Analysis

In 2023, benefits incidence in 5th quintile (richest) (%) - contributory in Panama stood at 71.7%. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 4.8% on the previous year and down 9.6% over ten years.

Over the whole period, benefits incidence in 5th quintile (richest) (%) - contributory in Panama peaked at 82.1% in 2010 and was at its lowest, 71.7%, in 2023.

That places Panama 8th out of 31 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.

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

Annual values for Benefits incidence in 5th quintile (richest) (%) - Contributory Pensions -rural in Panama, 2008 to 2023.
Year Value Change
2008 77.2%
2009 81.1% +5.1%
2010 82.1% +1.3%
2011 78.2% -4.8%
2012 77.5% -0.8%
2013 79.3% +2.2%
2014 76.9% -3.0%
2015 74.5% -3.2%
2016 73.4% -1.4%
2017 74.5% +1.6%
2018 72.1% -3.3%
2019 73.2% +1.5%
2021 75.3% +3.0%
2023 71.7% -4.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 79.1% 77.2% 81.1% 2
2010s 76.2% 72.1% 82.1% 10
2020s 73.5% 71.7% 75.3% 2

Countries ranked near Panama

  1. 5 Peru 76.0% compare
  2. 6 Dominican Republic 75.4% compare
  3. 7 Mexico 72.6% compare
  4. 9 Côte d'Ivoire 71.0% compare
  5. 10 Ecuador 66.5% compare
  6. 11 Costa Rica 58.3% compare

See the full ranking of 31 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 71.7% in 2023, according to ASPIRE.
What is the highest benefits incidence in 5th quintile (richest) (%) - contributory recorded in Panama?
The highest recorded value was 82.1% in 2010.
What is the lowest benefits incidence in 5th quintile (richest) (%) - contributory recorded in Panama?
The lowest recorded value was 71.7% in 2023.
How does Panama rank for benefits incidence in 5th quintile (richest) (%) - contributory?
Panama ranks 8th out of 31 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 9.6%. 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 -rural. 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 25 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-5th-quintile-richest-percent-contributory-pensions-rural/panama/

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About this data

Indicator
Benefits incidence in 5th quintile (richest) (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 292 data points, 2002–2023
Last refreshed

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