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

Panama: Coverage in 1st quintile (poorest) (%) - Contributory Pensions was 4.2% in 2023. ▲ Rising

Latest (2023)
4.2%
Change on year
up 6.5%
World rank
20th
of 35 countries
All-time high
4.5%
in 2018
All-time low
2.1%
in 2010
Years of data
14
2008–2023

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

0123452008201520232008: 2.62009: 2.32010: 2.12011: 2.82012: 2.42013: 3.12014: 3.62015: 2.62016: 2.32017: 4.12018: 4.52019: 3.42021: 3.92023: 4.2

Source: ASPIRE.

Analysis

In 2023, coverage in 1st quintile (poorest) (%) - contributory pensions in Panama stood at 4.2%.

Compared with earlier readings it is up 6.5% on the previous year and up 34.0% over ten years.

Over the whole period, coverage in 1st quintile (poorest) (%) - contributory pensions in Panama peaked at 4.5% in 2018 and was at its lowest, 2.1%, in 2010.

That places Panama 20th out of 35 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.5% 2.3% 2.6% 2
2010s 3.1% 2.1% 4.5% 10
2020s 4.0% 3.9% 4.2% 2

Countries ranked near Panama

  1. 17 Brazil 9.8% compare
  2. 18 Costa Rica 8.3% compare
  3. 19 Mexico 5.0% compare
  4. 21 Vietnam 3.0% compare
  5. 22 Dominican Republic 3.0% compare
  6. 23 Sri Lanka 2.9% compare

See the full ranking of 36 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 1st quintile (poorest) (%) - contributory pensions in Panama?
Coverage in 1st quintile (poorest) (%) - contributory pensions in Panama was 4.2% in 2023, according to ASPIRE.
What is the highest coverage in 1st quintile (poorest) (%) - contributory pensions recorded in Panama?
The highest recorded value was 4.5% in 2018.
What is the lowest coverage in 1st quintile (poorest) (%) - contributory pensions recorded in Panama?
The lowest recorded value was 2.1% in 2010.
How does Panama rank for coverage in 1st quintile (poorest) (%) - contributory pensions?
Panama ranks 20th out of 35 countries with data for 2023.
Is coverage in 1st quintile (poorest) (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 34.0%. 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. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Coverage in 1st quintile (poorest) (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 364 data points, 2002–2023
Last refreshed

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