Coverage in 2nd quintile (%) - Contributory Pensions in Panama

Panama: Coverage in 2nd quintile (%) - Contributory Pensions was 14.0% in 2023. ▲ Rising

Latest (2023)
14.0%
Change on year
down 4.4%
World rank
21st
of 37 countries
All-time high
14.6%
in 2021
All-time low
8.1%
in 2009
Years of data
14
2008–2023

Coverage in 2nd quintile (%) - Contributory Pensions in Panama, 2008–2023

0510152008201520232008: 12.1 preT2009: 8.1 preT2010: 8.2 preT2011: 9.5 preT2012: 10.3 preT2013: 11 preT2014: 10.2 preT2015: 10.1 preT2016: 12.2 preT2017: 11.6 preT2018: 12.1 preT2019: 13.7 preT2021: 14.6 preT2023: 14 preT

Source: ASPIRE. Measured in preT.

Analysis

In 2023, coverage in 2nd quintile (%) - contributory pensions in Panama stood at 14.0%.

Compared with earlier readings it is down 4.4% on the previous year and up 27.5% over ten years.

Over the whole period, coverage in 2nd quintile (%) - contributory pensions in Panama peaked at 14.6% in 2021 and was at its lowest, 8.1%, in 2009.

That places Panama 21st out of 37 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.

Coverage in 2nd quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Coverage in 2nd quintile (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 12.1% —
2009 8.1% -33.6%
2010 8.2% +2.2%
2011 9.5% +15.5%
2012 10.3% +8.1%
2013 11.0% +6.7%
2014 10.2% -7.1%
2015 10.1% -1.2%
2016 12.2% +21.4%
2017 11.6% -4.8%
2018 12.1% +3.9%
2019 13.7% +13.4%
2021 14.6% +6.7%
2023 14.0% -4.4%

Panama compared with similar countries

  • Panama's 14.0% is below the median for high income countries, which is 37.2%, 38% of the median. (7 countries reporting)
  • Panama's 14.0% is above the median for Latin America & Caribbean, which is 12.3%, 1.1× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.1% 8.1% 12.1% 2
2010s 10.9% 8.2% 13.7% 10
2020s 14.3% 14.0% 14.6% 2

Countries ranked near Panama

  1. 18 Brazil 29.5% compare
  2. 19 Chile 23.3% compare
  3. 20 Costa Rica 19.5% compare
  4. 22 Mexico 13.8% compare
  5. 23 Ecuador 12.3% compare
  6. 24 Vietnam 7.7% 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 (%) - contributory pensions in Panama?
Coverage in 2nd quintile (%) - contributory pensions in Panama was 14.0% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 14.6% in 2021.
What is the lowest coverage in 2nd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 8.1% in 2009.
How does Panama rank for coverage in 2nd quintile (%) - contributory pensions?
Panama ranks 21st out of 37 countries with data for 2023.
Is coverage in 2nd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 27.5%. 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 (%) - Contributory Pensions (preT). 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).

Share, cite or embed this page

Cite this page

Coverage in 2nd quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/coverage-in-2nd-quintile-percent-contributory-pensions-pret/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/coverage-in-2nd-quintile-percent-contributory-pensions-pret/panama/">Coverage in 2nd quintile (%) - Contributory Pensions in Panama</a> — Statizoid

About this data

Indicator
Coverage in 2nd quintile (%) - Contributory Pensions (preT)
Unit
preT
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)