Coverage in 3rd quintile (%) - Contributory Pensions in Panama

Panama: Coverage in 3rd quintile (%) - Contributory Pensions was 20.9% in 2023. ▲ Rising

Latest (2023)
20.9%
Change on year
up 29.1%
World rank
21st
of 37 countries
All-time high
20.9%
in 2023
All-time low
12.4%
in 2010
Years of data
14
2008–2023

Coverage in 3rd quintile (%) - Contributory Pensions in Panama, 2008–2023

051015202008201520232008: 19.7 preT2009: 13.2 preT2010: 12.4 preT2011: 13 preT2012: 14.8 preT2013: 14.7 preT2014: 15.3 preT2015: 14.3 preT2016: 14.5 preT2017: 15.2 preT2018: 16.6 preT2019: 17 preT2021: 16.2 preT2023: 20.9 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 20.9% for coverage in 3rd quintile (%) - contributory pensions in 2023. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 29.1% on the previous year and up 41.9% over ten years.

Over the whole period, coverage in 3rd quintile (%) - contributory pensions in Panama peaked at 20.9% in 2023 and was at its lowest, 12.4%, in 2010.

Panama ranks 21st 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 3rd quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Coverage in 3rd quintile (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 19.7% —
2009 13.2% -33.3%
2010 12.4% -5.8%
2011 13.0% +4.5%
2012 14.8% +13.9%
2013 14.7% -0.2%
2014 15.3% +3.7%
2015 14.3% -6.6%
2016 14.5% +1.8%
2017 15.2% +5.0%
2018 16.6% +8.6%
2019 17.0% +2.5%
2021 16.2% -4.6%
2023 20.9% +29.1%

Panama compared with similar countries

  • Panama's 20.9% is below the median for high income countries, which is 40.2%, 52% of the median. (7 countries reporting)
  • Panama's 20.9% is above the median for Latin America & Caribbean, which is 12.2%, 1.7× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.5% 13.2% 19.7% 2
2010s 14.8% 12.4% 17.0% 10
2020s 18.5% 16.2% 20.9% 2

Countries ranked near Panama

  1. 18 Kazakhstan 31.3% compare
  2. 19 Chile 22.9% compare
  3. 20 Costa Rica 22.1% compare
  4. 22 Mexico 16.4% compare
  5. 23 Ecuador 12.2% compare
  6. 24 Colombia 8.7% 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 3rd quintile (%) - contributory pensions in Panama?
Coverage in 3rd quintile (%) - contributory pensions in Panama was 20.9% in 2023, according to ASPIRE.
What is the highest coverage in 3rd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 20.9% in 2023.
What is the lowest coverage in 3rd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 12.4% in 2010.
How does Panama rank for coverage in 3rd quintile (%) - contributory pensions?
Panama ranks 21st out of 37 countries with data for 2023.
Is coverage in 3rd quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 41.9%. 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 (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Coverage in 3rd quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/coverage-in-3rd-quintile-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Coverage in 3rd 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)