Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban in Panama

Panama: Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban was 11.2% in 2023. ▲ Rising

Latest (2023)
11.2%
Change on year
up 38.2%
World rank
19th
of 37 countries
All-time high
11.2%
in 2023
All-time low
5.2%
in 2011
Years of data
14
2008–2023

Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban in Panama, 2008–2023

02.557.5102008201520232008: 8.82009: 5.62010: 5.92011: 5.22012: 5.72013: 6.72014: 6.22015: 7.92016: 6.72017: 8.72018: 7.62019: 8.12021: 8.12023: 11.2

Source: ASPIRE.

Analysis

The most recent figure for coverage in 1st quintile (poorest) (%) - contributory pensions -urban in Panama is 11.2%, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 38.2% on the previous year and up 68.0% over ten years.

Over the whole period, coverage in 1st quintile (poorest) (%) - contributory pensions -urban in Panama peaked at 11.2% in 2023 and was at its lowest, 5.2%, in 2011.

Panama ranks 19th of 37 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.

Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban in Panama, year by year

Annual values for Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban in Panama, 2008 to 2023.
Year Value Change
2008 8.8% —
2009 5.6% -37.0%
2010 5.9% +6.3%
2011 5.2% -12.6%
2012 5.7% +11.0%
2013 6.7% +16.4%
2014 6.2% -6.6%
2015 7.9% +26.2%
2016 6.7% -15.1%
2017 8.7% +30.5%
2018 7.6% -12.5%
2019 8.1% +6.8%
2021 8.1% -0.3%
2023 11.2% +38.2%

Panama compared with similar countries

  • Panama's 11.2% is below the median for high income countries, which is 17.3%, 65% of the median. (7 countries reporting)
  • Panama's 11.2% is above the median for Latin America & Caribbean, which is 7.9%, 1.4× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.2% 5.6% 8.8% 2
2010s 6.9% 5.2% 8.7% 10
2020s 9.7% 8.1% 11.2% 2

Countries ranked near Panama

  1. 16 Argentina 21.2% compare
  2. 17 Uruguay 17.3% compare
  3. 18 Chile 15.1% compare
  4. 20 Costa Rica 10.4% compare
  5. 21 Brazil 10.3% compare
  6. 22 Mexico 8.2% compare

See the full ranking of 37 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 1st quintile (poorest) (%) - contributory pensions -urban in Panama?
Coverage in 1st quintile (poorest) (%) - contributory pensions -urban in Panama was 11.2% in 2023, according to ASPIRE.
What is the highest coverage in 1st quintile (poorest) (%) - contributory pensions -urban recorded in Panama?
The highest recorded value was 11.2% in 2023.
What is the lowest coverage in 1st quintile (poorest) (%) - contributory pensions -urban recorded in Panama?
The lowest recorded value was 5.2% in 2011.
How does Panama rank for coverage in 1st quintile (poorest) (%) - contributory pensions -urban?
Panama ranks 19th out of 37 countries with data for 2023.
Is coverage in 1st quintile (poorest) (%) - contributory pensions -urban rising or falling in Panama?
Over the last ten years it is up 68.0%. 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 Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban. Statizoid updates them automatically from the source API.

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Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 26 September 2026, from https://reference.statizoid.com/stat/coverage-in-1st-quintile-poorest-percent-contributory-pensions-urban/panama/

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About this data

Indicator
Coverage in 1st quintile (poorest) (%) - Contributory Pensions -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 369 data points, 2002–2023
Last refreshed

Percentage of population participating in Contributory Pensions programs (includes direct and indirect beneficiaries)