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

Panama: Coverage in 2nd quintile (%) - Contributory Pensions -urban was 15.4% in 2023. ▲ Rising

Latest (2023)
15.4%
Change on year
up 0.3%
World rank
21st
of 37 countries
All-time high
15.5%
in 2019
All-time low
9.4%
in 2010
Years of data
14
2008–2023

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

0510152008201520232008: 14.12009: 10.32010: 9.42011: 10.42012: 12.72013: 142014: 12.22015: 11.72016: 14.12017: 13.42018: 14.82019: 15.52021: 15.32023: 15.4

Source: ASPIRE.

Analysis

The most recent figure for coverage in 2nd quintile (%) - contributory pensions -urban in Panama is 15.4%, measured in 2023.

Compared with earlier readings it is up 0.3% on the previous year and up 9.7% over ten years.

Over the whole period, coverage in 2nd quintile (%) - contributory pensions -urban in Panama peaked at 15.5% in 2019 and was at its lowest, 9.4%, in 2010.

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 -urban in Panama, year by year

Annual values for Coverage in 2nd quintile (%) - Contributory Pensions -urban in Panama, 2008 to 2023.
Year Value Change
2008 14.1% —
2009 10.3% -26.5%
2010 9.4% -8.7%
2011 10.4% +9.8%
2012 12.7% +23.1%
2013 14.0% +9.8%
2014 12.2% -12.8%
2015 11.7% -4.2%
2016 14.1% +20.1%
2017 13.4% -4.9%
2018 14.8% +10.7%
2019 15.5% +5.1%
2021 15.3% -1.5%
2023 15.4% +0.3%

Panama compared with similar countries

  • Panama's 15.4% is below the median for high income countries, which is 31.3%, 49% of the median. (7 countries reporting)
  • Panama's 15.4% is above the median for Latin America & Caribbean, which is 8.8%, 1.8× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.2% 10.3% 14.1% 2
2010s 12.8% 9.4% 15.5% 10
2020s 15.3% 15.3% 15.4% 2

Countries ranked near Panama

  1. 18 Brazil 23.4% compare
  2. 19 Chile 22.8% compare
  3. 20 Costa Rica 22.7% compare
  4. 22 Mexico 13.8% compare
  5. 23 Vietnam 10.6% compare
  6. 24 Ecuador 8.8% 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 -urban in Panama?
Coverage in 2nd quintile (%) - contributory pensions -urban in Panama was 15.4% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - contributory pensions -urban recorded in Panama?
The highest recorded value was 15.5% in 2019.
What is the lowest coverage in 2nd quintile (%) - contributory pensions -urban recorded in Panama?
The lowest recorded value was 9.4% in 2010.
How does Panama rank for coverage in 2nd quintile (%) - contributory pensions -urban?
Panama ranks 21st out of 37 countries with data for 2023.
Is coverage in 2nd quintile (%) - contributory pensions -urban rising or falling in Panama?
Over the last ten years it is up 9.7%. 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 -urban. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Coverage in 2nd quintile (%) - 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)