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
19th
of 35 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 19th out of 35 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.

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. 16 Mongolia 31.5% compare
  2. 17 Chile 29.7% compare
  3. 18 Costa Rica 22.6% compare
  4. 20 Mexico 15.4% compare
  5. 21 Ecuador 13.7% compare
  6. 22 Vietnam 8.0% 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 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 19th out of 35 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.

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
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)