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

Panama: Coverage in 4th quintile (%) - Contributory Pensions -urban was 27.0% in 2023. ▲ Rising

Latest (2023)
27.0%
Change on year
up 2.7%
World rank
21st
of 37 countries
All-time high
27.1%
in 2019
All-time low
18.3%
in 2013
Years of data
14
2008–2023

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

01020302008201520232008: 26.12009: 23.52010: 23.52011: 222012: 19.52013: 18.32014: 22.42015: 23.12016: 25.42017: 24.22018: 23.72019: 27.12021: 26.32023: 27

Source: ASPIRE.

Analysis

In 2023, coverage in 4th quintile (%) - contributory pensions -urban in Panama stood at 27.0%.

Compared with earlier readings it is up 2.7% on the previous year and up 48.0% over ten years.

Over the whole period, coverage in 4th quintile (%) - contributory pensions -urban in Panama peaked at 27.1% in 2019 and was at its lowest, 18.3%, in 2013.

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 4th quintile (%) - Contributory Pensions -urban in Panama, year by year

Annual values for Coverage in 4th quintile (%) - Contributory Pensions -urban in Panama, 2008 to 2023.
Year Value Change
2008 26.1% —
2009 23.5% -10.0%
2010 23.5% +0.2%
2011 22.0% -6.3%
2012 19.5% -11.6%
2013 18.3% -6.2%
2014 22.4% +22.7%
2015 23.1% +3.0%
2016 25.4% +9.9%
2017 24.2% -4.6%
2018 23.7% -2.1%
2019 27.1% +14.5%
2021 26.3% -2.9%
2023 27.0% +2.7%

Panama compared with similar countries

  • Panama's 27.0% is below the median for high income countries, which is 38.8%, 70% of the median. (7 countries reporting)
  • Panama's 27.0% is above the median for Latin America & Caribbean, which is 19.8%, 1.4× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.8% 23.5% 26.1% 2
2010s 22.9% 18.3% 27.1% 10
2020s 26.7% 26.3% 27.0% 2

Countries ranked near Panama

  1. 18 Mongolia 33.8% compare
  2. 19 Costa Rica 30.7% compare
  3. 20 Chile 27.5% compare
  4. 22 Mexico 24.5% compare
  5. 23 Ecuador 19.8% compare
  6. 24 Colombia 19.2% 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 -urban in Panama?
Coverage in 4th quintile (%) - contributory pensions -urban in Panama was 27.0% in 2023, according to ASPIRE.
What is the highest coverage in 4th quintile (%) - contributory pensions -urban recorded in Panama?
The highest recorded value was 27.1% in 2019.
What is the lowest coverage in 4th quintile (%) - contributory pensions -urban recorded in Panama?
The lowest recorded value was 18.3% in 2013.
How does Panama rank for coverage in 4th quintile (%) - contributory pensions -urban?
Panama ranks 21st out of 37 countries with data for 2023.
Is coverage in 4th quintile (%) - contributory pensions -urban rising or falling in Panama?
Over the last ten years it is up 48.0%. 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 -urban. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Coverage in 4th quintile (%) - Contributory Pensions -urban
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)