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

Panama: Coverage in 3rd quintile (%) - Contributory Pensions -urban was 25.1% in 2023. ▲ Rising

Latest (2023)
25.1%
Change on year
up 17.5%
World rank
18th
of 35 countries
All-time high
25.1%
in 2023
All-time low
14.9%
in 2011
Years of data
14
2008–2023

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

01020302008201520232008: 23.12009: 15.72010: 15.52011: 14.92012: 16.22013: 16.22014: 17.62015: 19.42016: 18.22017: 18.42018: 21.72019: 21.12021: 21.32023: 25.1

Source: ASPIRE.

Analysis

The most recent figure for coverage in 3rd quintile (%) - contributory pensions -urban in Panama is 25.1%, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 17.5% on the previous year and up 54.7% over ten years.

Over the whole period, coverage in 3rd quintile (%) - contributory pensions -urban in Panama peaked at 25.1% in 2023 and was at its lowest, 14.9%, in 2011.

Panama ranks 18th of 35 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.4% 15.7% 23.1% 2
2010s 17.9% 14.9% 21.7% 10
2020s 23.2% 21.3% 25.1% 2

Countries ranked near Panama

  1. 15 Kazakhstan 33.5% compare
  2. 16 Brazil 31.0% compare
  3. 17 Chile 28.3% compare
  4. 19 Costa Rica 22.8% compare
  5. 20 Mexico 19.4% compare
  6. 21 Vietnam 16.7% compare

See the full ranking of 36 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 3rd quintile (%) - contributory pensions -urban in Panama?
Coverage in 3rd quintile (%) - contributory pensions -urban in Panama was 25.1% in 2023, according to ASPIRE.
What is the highest coverage in 3rd quintile (%) - contributory pensions -urban recorded in Panama?
The highest recorded value was 25.1% in 2023.
What is the lowest coverage in 3rd quintile (%) - contributory pensions -urban recorded in Panama?
The lowest recorded value was 14.9% in 2011.
How does Panama rank for coverage in 3rd quintile (%) - contributory pensions -urban?
Panama ranks 18th out of 35 countries with data for 2023.
Is coverage in 3rd quintile (%) - contributory pensions -urban rising or falling in Panama?
Over the last ten years it is up 54.7%. 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 3rd quintile (%) - Contributory Pensions -urban. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Coverage in 3rd quintile (%) - Contributory Pensions -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 364 data points, 2002–2023
Last refreshed

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