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

Panama: Coverage in 3rd quintile (%) - Contributory Pensions was 19.2% in 2023. ▲ Rising

Latest (2023)
19.2%
Change on year
up 14.7%
World rank
21st
of 37 countries
All-time high
19.2%
in 2023
All-time low
9.5%
in 2010
Years of data
14
2008–2023

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

051015202008201520232008: 17.12009: 11.62010: 9.52011: 11.32012: 12.72013: 13.72014: 13.12015: 13.32016: 13.62017: 13.92018: 16.22019: 17.22021: 16.82023: 19.2

Source: ASPIRE.

Analysis

The most recent figure for coverage in 3rd quintile (%) - contributory pensions in Panama is 19.2%, measured in 2023. That is the highest value across all 14 years on record.

The figure is up 14.7% on the previous year and up 40.7% over ten years.

Over the whole period, coverage in 3rd quintile (%) - contributory pensions in Panama peaked at 19.2% in 2023 and was at its lowest, 9.5%, in 2010.

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

Annual values for Coverage in 3rd quintile (%) - Contributory Pensions in Panama, 2008 to 2023.
Year Value Change
2008 17.1% —
2009 11.6% -32.1%
2010 9.5% -18.5%
2011 11.3% +19.1%
2012 12.7% +12.9%
2013 13.7% +7.2%
2014 13.1% -4.4%
2015 13.3% +2.0%
2016 13.6% +2.2%
2017 13.9% +1.8%
2018 16.2% +17.0%
2019 17.2% +6.0%
2021 16.8% -2.5%
2023 19.2% +14.7%

Panama compared with similar countries

  • Panama's 19.2% is below the median for high income countries, which is 38.8%, 50% of the median. (7 countries reporting)
  • Panama's 19.2% is above the median for Latin America & Caribbean, which is 13.7%, 1.4× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.4% 11.6% 17.1% 2
2010s 13.4% 9.5% 17.2% 10
2020s 18.0% 16.8% 19.2% 2

Countries ranked near Panama

  1. 18 Mongolia 31.5% compare
  2. 19 Chile 29.7% compare
  3. 20 Costa Rica 22.6% compare
  4. 22 Mexico 15.4% compare
  5. 23 Ecuador 13.7% compare
  6. 24 Vietnam 8.0% 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 3rd quintile (%) - contributory pensions in Panama?
Coverage in 3rd quintile (%) - contributory pensions in Panama was 19.2% in 2023, according to ASPIRE.
What is the highest coverage in 3rd quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 19.2% in 2023.
What is the lowest coverage in 3rd quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 9.5% 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 40.7%. 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. 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/panama/

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About this data

Indicator
Coverage in 3rd 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)