Coverage in 2nd quintile (%) - All Private Transfers -urban in Panama

Panama: Coverage in 2nd quintile (%) - All Private Transfers -urban was 29.3% in 2023. ▲ Rising

Latest (2023)
29.3%
Change on year
up 13.4%
World rank
9th
of 37 countries
All-time high
39.4%
in 2016
All-time low
15.6%
in 2014
Years of data
14
2008–2023

Coverage in 2nd quintile (%) - All Private Transfers -urban in Panama, 2008–2023

0102030402008201520232008: 30.52009: 16.32010: 17.42011: 16.12012: 19.22013: 17.52014: 15.62015: 29.22016: 39.42017: 30.32018: 35.52019: 35.82021: 25.92023: 29.3

Source: ASPIRE.

Analysis

Panama recorded 29.3% for coverage in 2nd quintile (%) - all private transfers -urban in 2023.

The figure is up 13.4% on the previous year and up 67.8% over ten years.

Over the whole period, coverage in 2nd quintile (%) - all private transfers -urban in Panama peaked at 39.4% in 2016 and was at its lowest, 15.6%, in 2014.

Panama ranks 9th of 37 countries on this measure, in the top quarter.

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

Coverage in 2nd quintile (%) - All Private Transfers -urban in Panama, year by year

Annual values for Coverage in 2nd quintile (%) - All Private Transfers -urban in Panama, 2008 to 2023.
Year Value Change
2008 30.5% —
2009 16.3% -46.7%
2010 17.4% +7.1%
2011 16.1% -7.9%
2012 19.2% +19.9%
2013 17.5% -9.1%
2014 15.6% -10.8%
2015 29.2% +87.4%
2016 39.4% +34.6%
2017 30.3% -23.0%
2018 35.5% +17.0%
2019 35.8% +1.0%
2021 25.9% -27.8%
2023 29.3% +13.4%

Panama compared with similar countries

  • Panama's 29.3% is above the median for high income countries, which is 21.7%, 1.4× the median. (6 countries reporting)
  • Panama's 29.3% is above the median for Latin America & Caribbean, which is 23.1%, 1.3× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.4% 16.3% 30.5% 2
2010s 25.6% 15.6% 39.4% 10
2020s 27.6% 25.9% 29.3% 2

Countries ranked near Panama

  1. 6 Honduras 40.8% compare
  2. 7 El Salvador 36.5% compare
  3. 8 Pakistan 36.3% compare
  4. 10 Thailand 29.3% compare
  5. 11 Cote d'Ivoire 27.2% compare
  6. 12 Peru 27.0% 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 2nd quintile (%) - all private transfers -urban in Panama?
Coverage in 2nd quintile (%) - all private transfers -urban in Panama was 29.3% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - all private transfers -urban recorded in Panama?
The highest recorded value was 39.4% in 2016.
What is the lowest coverage in 2nd quintile (%) - all private transfers -urban recorded in Panama?
The lowest recorded value was 15.6% in 2014.
How does Panama rank for coverage in 2nd quintile (%) - all private transfers -urban?
Panama ranks 9th out of 37 countries with data for 2023.
Is coverage in 2nd quintile (%) - all private transfers -urban rising or falling in Panama?
Over the last ten years it is up 67.8%. 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 2nd quintile (%) - All Private Transfers -urban. Statizoid updates them automatically from the source API.

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Coverage in 2nd quintile (%) - All Private Transfers -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/coverage-in-2nd-quintile-percent-all-private-transfers-urban/panama/

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About this data

Indicator
Coverage in 2nd quintile (%) - All Private Transfers -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 361 data points, 2002–2023
Last refreshed

Percentage of population participating in Private Transfers programs (includes direct and indirect beneficiaries)