Coverage in 4th quintile (%) - Contributory Pensions in Panama

Panama: Coverage in 4th quintile (%) - Contributory Pensions was 23.5% in 2023. ▲ Rising

Latest (2023)
23.5%
Change on year
up 3.8%
World rank
20th
of 37 countries
All-time high
23.6%
in 2019
All-time low
14.7%
in 2013
Years of data
14
2008–2023

Coverage in 4th quintile (%) - Contributory Pensions in Panama, 2008–2023

05101520252008201520232008: 20.8 preT2009: 17.3 preT2010: 17 preT2011: 17.2 preT2012: 15.7 preT2013: 14.7 preT2014: 16.9 preT2015: 19.7 preT2016: 19.1 preT2017: 20 preT2018: 21.1 preT2019: 23.6 preT2021: 22.6 preT2023: 23.5 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 23.5% for coverage in 4th quintile (%) - contributory pensions in 2023.

Compared with earlier readings it is up 3.8% on the previous year and up 59.4% over ten years.

Over the whole period, coverage in 4th quintile (%) - contributory pensions in Panama peaked at 23.6% in 2019 and was at its lowest, 14.7%, in 2013.

That places Panama 20th 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 4th quintile (%) - Contributory Pensions in Panama, year by year

Annual values for Coverage in 4th quintile (%) - Contributory Pensions (preT) in Panama, 2008 to 2023.
Year preT Change
2008 20.8% —
2009 17.3% -16.8%
2010 17.0% -1.7%
2011 17.2% +0.6%
2012 15.7% -8.4%
2013 14.7% -6.3%
2014 16.9% +15.1%
2015 19.7% +16.5%
2016 19.1% -3.5%
2017 20.0% +4.9%
2018 21.1% +5.4%
2019 23.6% +12.2%
2021 22.6% -4.4%
2023 23.5% +3.8%

Panama compared with similar countries

  • Panama's 23.5% is below the median for high income countries, which is 27.2%, 86% of the median. (7 countries reporting)
  • Panama's 23.5% is above the median for Latin America & Caribbean, which is 18.1%, 1.3× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.1% 17.3% 20.8% 2
2010s 18.5% 14.7% 23.6% 10
2020s 23.0% 22.6% 23.5% 2

Countries ranked near Panama

  1. 17 Romania 27.2% compare
  2. 18 Mongolia 27.1% compare
  3. 19 Costa Rica 26.1% compare
  4. 21 Mexico 19.3% compare
  5. 22 Chile 18.7% compare
  6. 23 Ecuador 18.1% 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 4th quintile (%) - contributory pensions in Panama?
Coverage in 4th quintile (%) - contributory pensions in Panama was 23.5% in 2023, according to ASPIRE.
What is the highest coverage in 4th quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 23.6% in 2019.
What is the lowest coverage in 4th quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 14.7% in 2013.
How does Panama rank for coverage in 4th quintile (%) - contributory pensions?
Panama ranks 20th out of 37 countries with data for 2023.
Is coverage in 4th quintile (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 59.4%. 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 4th quintile (%) - Contributory Pensions (preT). Statizoid updates them automatically from the source API.

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Coverage in 4th quintile (%) - Contributory Pensions in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/coverage-in-4th-quintile-percent-contributory-pensions-pret/panama/

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About this data

Indicator
Coverage in 4th 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)