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

Panama: Benefits incidence in 5th quintile (richest) (%) - Contributory was 60.5% in 2023. ▼ Falling

Latest (2023)
60.5%
Change on year
down 6.8%
World rank
13th
of 34 countries
All-time high
69.9%
in 2013
All-time low
58.4%
in 2018
Years of data
14
2008–2023

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

02040602008201520232008: 62.52009: 67.62010: 69.42011: 65.22012: 65.22013: 69.92014: 632015: 60.12016: 632017: 62.42018: 58.42019: 59.12021: 64.92023: 60.5

Source: ASPIRE.

Analysis

The most recent figure for benefits incidence in 5th quintile (richest) (%) - contributory in Panama is 60.5%, measured in 2023.

The figure is down 6.8% on the previous year and down 13.4% over ten years.

Over the whole period, benefits incidence in 5th quintile (richest) (%) - contributory in Panama peaked at 69.9% in 2013 and was at its lowest, 58.4%, in 2018.

Panama ranks 13th of 34 countries on this measure, in the middle of the range.

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 -urban in Panama, 2008 to 2023.
Year Value Change
2008 62.5%
2009 67.6% +8.1%
2010 69.4% +2.8%
2011 65.2% -6.1%
2012 65.2% +0.1%
2013 69.9% +7.1%
2014 63.0% -9.9%
2015 60.1% -4.5%
2016 63.0% +4.9%
2017 62.4% -1.1%
2018 58.4% -6.4%
2019 59.1% +1.2%
2021 64.9% +9.9%
2023 60.5% -6.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 65.0% 62.5% 67.6% 2
2010s 63.6% 58.4% 69.9% 10
2020s 62.7% 60.5% 64.9% 2

Countries ranked near Panama

  1. 10 Dominican Republic 64.0% compare
  2. 11 Peru 62.8% compare
  3. 12 El Salvador 61.7% compare
  4. 14 Brazil 58.0% compare
  5. 15 Thailand 56.0% compare
  6. 16 Sri Lanka 53.0% 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 60.5% in 2023, according to ASPIRE.
What is the highest benefits incidence in 5th quintile (richest) (%) - contributory recorded in Panama?
The highest recorded value was 69.9% in 2013.
What is the lowest benefits incidence in 5th quintile (richest) (%) - contributory recorded in Panama?
The lowest recorded value was 58.4% in 2018.
How does Panama rank for benefits incidence in 5th quintile (richest) (%) - contributory?
Panama ranks 13th 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 13.4%. 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 -urban. 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 26 August 2026, from https://reference.statizoid.com/stat/benefits-incidence-in-5th-quintile-richest-percent-contributory-pensions-urban/panama/

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About this data

Indicator
Benefits incidence in 5th quintile (richest) (%) - Contributory Pensions -urban
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