Coverage in 3rd quintile (%) - All Private Transfers in Panama

Panama: Coverage in 3rd quintile (%) - All Private Transfers was 29.3% in 2023. ▲ Rising

Latest (2023)
29.3%
Change on year
up 22.6%
World rank
13th
of 37 countries
All-time high
36.5%
in 2016
All-time low
11.8%
in 2014
Years of data
14
2008–2023

Coverage in 3rd quintile (%) - All Private Transfers in Panama, 2008–2023

1015202530352008201520232008: 28.82009: 13.72010: 14.72011: 13.92012: 16.22013: 14.62014: 11.82015: 29.42016: 36.52017: 29.92018: 32.82019: 34.42021: 23.92023: 29.3

Source: ASPIRE.

Analysis

In 2023, coverage in 3rd quintile (%) - all private transfers in Panama stood at 29.3%.

The figure is up 22.6% on the previous year and up 100.4% over ten years.

Over the whole period, coverage in 3rd quintile (%) - all private transfers in Panama peaked at 36.5% in 2016 and was at its lowest, 11.8%, in 2014.

That places Panama 13th 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 3rd quintile (%) - All Private Transfers in Panama, year by year

Annual values for Coverage in 3rd quintile (%) - All Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 28.8% —
2009 13.7% -52.5%
2010 14.7% +7.9%
2011 13.9% -5.6%
2012 16.2% +16.7%
2013 14.6% -9.9%
2014 11.8% -19.6%
2015 29.4% +149.5%
2016 36.5% +24.2%
2017 29.9% -17.9%
2018 32.8% +9.8%
2019 34.4% +4.8%
2021 23.9% -30.5%
2023 29.3% +22.6%

Panama compared with similar countries

  • Panama's 29.3% is above the median for high income countries, which is 17.0%, 1.7× the median. (6 countries reporting)
  • Panama's 29.3% is above the median for Latin America & Caribbean, which is 23.0%, 1.3× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.2% 13.7% 28.8% 2
2010s 23.4% 11.8% 36.5% 10
2020s 26.6% 23.9% 29.3% 2

Countries ranked near Panama

  1. 10 Burkina Faso 31.3% compare
  2. 11 Poland 30.1% compare
  3. 12 Moldova 29.6% compare
  4. 14 Cote d'Ivoire 26.0% compare
  5. 15 Peru 25.4% compare
  6. 16 Bolivia 23.8% 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 3rd quintile (%) - all private transfers in Panama?
Coverage in 3rd quintile (%) - all private transfers in Panama was 29.3% in 2023, according to ASPIRE.
What is the highest coverage in 3rd quintile (%) - all private transfers recorded in Panama?
The highest recorded value was 36.5% in 2016.
What is the lowest coverage in 3rd quintile (%) - all private transfers recorded in Panama?
The lowest recorded value was 11.8% in 2014.
How does Panama rank for coverage in 3rd quintile (%) - all private transfers?
Panama ranks 13th out of 37 countries with data for 2023.
Is coverage in 3rd quintile (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 100.4%. 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 3rd quintile (%) - All Private Transfers. Statizoid updates them automatically from the source API.

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Coverage in 3rd quintile (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/coverage-in-3rd-quintile-percent-all-private-transfers/panama/

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About this data

Indicator
Coverage in 3rd 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)