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

Panama: Coverage in 2nd quintile (%) - Contributory Pensions was 11.6% in 2023. ▲ Rising

Latest (2023)
11.6%
Change on year
up 4.1%
World rank
21st
of 37 countries
All-time high
11.6%
in 2023
All-time low
6.1%
in 2009
Years of data
14
2008–2023

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

02.557.51012.52008201520232008: 9.12009: 6.12010: 6.52011: 6.92012: 7.62013: 8.22014: 7.32015: 7.52016: 9.32017: 9.42018: 8.72019: 10.72021: 11.22023: 11.6

Source: ASPIRE.

Analysis

In 2023, coverage in 2nd quintile (%) - contributory pensions in Panama stood at 11.6%. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 4.1% on the previous year and up 42.8% over ten years.

Over the whole period, coverage in 2nd quintile (%) - contributory pensions in Panama peaked at 11.6% in 2023 and was at its lowest, 6.1%, 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 in Panama, 2008 to 2023.
Year Value Change
2008 9.1% —
2009 6.1% -33.4%
2010 6.5% +7.0%
2011 6.9% +6.5%
2012 7.6% +9.4%
2013 8.2% +7.7%
2014 7.3% -11.0%
2015 7.5% +2.8%
2016 9.3% +24.5%
2017 9.4% +1.1%
2018 8.7% -7.4%
2019 10.7% +22.8%
2021 11.2% +4.6%
2023 11.6% +4.1%

Panama compared with similar countries

  • Panama's 11.6% is below the median for high income countries, which is 30.9%, 38% of the median. (7 countries reporting)
  • Panama's 11.6% is above the median for Latin America & Caribbean, which is 9.2%, 1.3× the median. (15 countries reporting)

Biggest year-on-year movements

Years where Coverage in 2nd quintile (%) - Contributory Pensions 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
2009 -33.4% 9.1% 6.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.6% 6.1% 9.1% 2
2010s 8.2% 6.5% 10.7% 10
2020s 11.4% 11.2% 11.6% 2

Countries ranked near Panama

  1. 18 Chile 23.5% compare
  2. 19 Brazil 23.4% compare
  3. 20 Costa Rica 17.3% compare
  4. 22 Mexico 10.7% compare
  5. 23 Ecuador 9.2% compare
  6. 24 Vietnam 6.0% 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 (%) - contributory pensions in Panama?
Coverage in 2nd quintile (%) - contributory pensions in Panama was 11.6% in 2023, according to ASPIRE.
What is the highest coverage in 2nd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 11.6% in 2023.
What is the lowest coverage in 2nd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 6.1% 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 42.8%. 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 (%) - Contributory Pensions. Statizoid updates them automatically from the source API.

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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/panama/

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About this data

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