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

Panama: Coverage in 3rd quintile (%) - Contributory Pensions -rural was 7.0% in 2023. ▲ Rising

Latest (2023)
7.0%
Change on year
down 17.2%
World rank
20th
of 33 countries
All-time high
8.5%
in 2021
All-time low
3.2%
in 2009
Years of data
14
2008–2023

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

024682008201520232008: 4.72009: 3.22010: 42011: 4.72012: 52013: 5.52014: 7.52015: 4.92016: 52017: 52018: 6.72019: 7.42021: 8.52023: 7

Source: ASPIRE.

Analysis

Panama recorded 7.0% for coverage in 3rd quintile (%) - contributory pensions -rural in 2023.

The figure is down 17.2% on the previous year and up 27.8% over ten years.

Over the whole period, coverage in 3rd quintile (%) - contributory pensions -rural in Panama peaked at 8.5% in 2021 and was at its lowest, 3.2%, in 2009.

Panama ranks 20th of 33 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 -rural in Panama, year by year

Annual values for Coverage in 3rd quintile (%) - Contributory Pensions -rural in Panama, 2008 to 2023.
Year Value Change
2008 4.7% —
2009 3.2% -31.3%
2010 4.0% +25.7%
2011 4.7% +16.7%
2012 5.0% +7.4%
2013 5.5% +9.3%
2014 7.5% +36.2%
2015 4.9% -35.2%
2016 5.0% +2.4%
2017 5.0% -0.4%
2018 6.7% +34.3%
2019 7.4% +10.5%
2021 8.5% +15.5%
2023 7.0% -17.2%

Panama compared with similar countries

  • Panama's 7.0% is above the median for Latin America & Caribbean, which is 6.2%, 1.1× the median. (12 countries reporting)
  • Panama's 7.0% is below the median for high income countries, which is 37.1%, 19% of the median. (7 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.9% 3.2% 4.7% 2
2010s 5.6% 4.0% 7.5% 10
2020s 7.8% 7.0% 8.5% 2

Countries ranked near Panama

  1. 17 Mongolia 27.3% compare
  2. 18 Costa Rica 16.1% compare
  3. 19 Ecuador 8.4% compare
  4. 21 Sri Lanka 6.8% compare
  5. 22 Vietnam 5.6% compare
  6. 23 Mexico 5.3% compare

See the full ranking of 33 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 3rd quintile (%) - contributory pensions -rural in Panama?
Coverage in 3rd quintile (%) - contributory pensions -rural in Panama was 7.0% in 2023, according to ASPIRE.
What is the highest coverage in 3rd quintile (%) - contributory pensions -rural recorded in Panama?
The highest recorded value was 8.5% in 2021.
What is the lowest coverage in 3rd quintile (%) - contributory pensions -rural recorded in Panama?
The lowest recorded value was 3.2% in 2009.
How does Panama rank for coverage in 3rd quintile (%) - contributory pensions -rural?
Panama ranks 20th out of 33 countries with data for 2023.
Is coverage in 3rd quintile (%) - contributory pensions -rural rising or falling in Panama?
Over the last ten years it is up 27.8%. 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 3rd quintile (%) - Contributory Pensions -rural. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Coverage in 3rd quintile (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 308 data points, 2002–2023
Last refreshed

Percentage of population participating in Contributory Pensions programs (includes direct and indirect beneficiaries)