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

Panama: Coverage in 2nd quintile (%) - All Private Transfers was 27.7% in 2023. ▲ Rising

Latest (2023)
27.7%
Change on year
down 1.5%
World rank
12th
of 37 countries
All-time high
36.5%
in 2016
All-time low
13.0%
in 2009
Years of data
14
2008–2023

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

0102030402008201520232008: 34.62009: 132010: 142011: 13.82012: 15.92013: 15.62014: 14.72015: 32.62016: 36.52017: 28.22018: 35.22019: 35.12021: 28.22023: 27.7

Source: ASPIRE.

Analysis

The most recent figure for coverage in 2nd quintile (%) - all private transfers in Panama is 27.7%, measured in 2023.

That represents a change of down 1.5% on the previous year and up 77.5% over ten years.

Over the whole period, coverage in 2nd quintile (%) - all private transfers in Panama peaked at 36.5% in 2016 and was at its lowest, 13.0%, in 2009.

Panama ranks 12th 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 2nd quintile (%) - All Private Transfers in Panama, year by year

Annual values for Coverage in 2nd quintile (%) - All Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 34.6% —
2009 13.0% -62.4%
2010 14.0% +7.9%
2011 13.8% -1.4%
2012 15.9% +15.2%
2013 15.6% -1.8%
2014 14.7% -6.0%
2015 32.6% +122.1%
2016 36.5% +11.7%
2017 28.2% -22.7%
2018 35.2% +24.9%
2019 35.1% -0.2%
2021 28.2% -19.8%
2023 27.7% -1.5%

Panama compared with similar countries

  • Panama's 27.7% is above the median for high income countries, which is 20.5%, 1.4× the median. (6 countries reporting)
  • Panama's 27.7% is above the median for Latin America & Caribbean, which is 23.9%, 1.2× the median. (15 countries reporting)

Biggest year-on-year movements

Years where Coverage in 2nd quintile (%) - All Private Transfers in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +122.1% 14.7% 32.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.8% 13.0% 34.6% 2
2010s 24.2% 13.8% 36.5% 10
2020s 28.0% 27.7% 28.2% 2

Countries ranked near Panama

  1. 9 Pakistan 35.3% compare
  2. 10 Moldova 29.7% compare
  3. 11 Burkina Faso 29.6% compare
  4. 13 Poland 26.8% compare
  5. 14 Cote d'Ivoire 25.7% compare
  6. 15 Mexico 25.0% 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 in Panama?
Coverage in 2nd quintile (%) - all private transfers in Panama was 27.7% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 36.5% in 2016.
What is the lowest coverage in 2nd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 13.0% in 2009.
How does Panama rank for coverage in 2nd quintile (%) - all private transfers?
Panama ranks 12th out of 37 countries with data for 2023.
Is coverage in 2nd quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 77.5%. 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. Statizoid updates them automatically from the source API.

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Coverage in 2nd quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/coverage-in-2nd-quintile-percent-all-private-transfers/panama/

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About this data

Indicator
Coverage in 2nd quintile (%) - All Private Transfers
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 362 data points, 2002–2023
Last refreshed

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