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

Panama: Coverage in 4th quintile (%) - Contributory Pensions was 25.6% in 2023. ▲ Rising

Latest (2023)
25.6%
Change on year
up 15.2%
World rank
21st
of 37 countries
All-time high
25.6%
in 2023
All-time low
15.3%
in 2013
Years of data
14
2008–2023

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

01020302008201520232008: 22.62009: 17.32010: 17.82011: 17.62012: 17.32013: 15.32014: 19.42015: 20.42016: 19.22017: 20.72018: 21.72019: 23.62021: 22.32023: 25.6

Source: ASPIRE.

Analysis

The most recent figure for coverage in 4th quintile (%) - contributory pensions in Panama is 25.6%, measured in 2023. That is the highest value across all 14 years on record.

The figure is up 15.2% on the previous year and up 68.0% over ten years.

Over the whole period, coverage in 4th quintile (%) - contributory pensions in Panama peaked at 25.6% in 2023 and was at its lowest, 15.3%, in 2013.

Panama ranks 21st of 37 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.

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

Annual values for Coverage in 4th quintile (%) - Contributory Pensions in Panama, 2008 to 2023.
Year Value Change
2008 22.6% —
2009 17.3% -23.5%
2010 17.8% +2.7%
2011 17.6% -1.2%
2012 17.3% -1.4%
2013 15.3% -11.8%
2014 19.4% +27.3%
2015 20.4% +5.2%
2016 19.2% -6.2%
2017 20.7% +8.0%
2018 21.7% +4.8%
2019 23.6% +8.7%
2021 22.3% -5.5%
2023 25.6% +15.2%

Panama compared with similar countries

  • Panama's 25.6% is below the median for high income countries, which is 39.8%, 64% of the median. (7 countries reporting)
  • Panama's 25.6% is above the median for Latin America & Caribbean, which is 16.3%, 1.6× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.0% 17.3% 22.6% 2
2010s 19.3% 15.3% 23.6% 10
2020s 24.0% 22.3% 25.6% 2

Countries ranked near Panama

  1. 19 Chile 28.4% compare
  2. 20 Costa Rica 26.8% compare
  3. 22 Mexico 21.2% compare
  4. 23 Ecuador 16.3% compare
  5. 24 Colombia 15.9% 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 25.6% in 2023, according to ASPIRE.
What is the highest coverage in 4th quintile (%) - contributory pensions recorded in Panama?
The highest recorded value was 25.6% in 2023.
What is the lowest coverage in 4th quintile (%) - contributory pensions recorded in Panama?
The lowest recorded value was 15.3% in 2013.
How does Panama rank for coverage in 4th quintile (%) - contributory pensions?
Panama ranks 21st 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 68.0%. 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. 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/panama/

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About this data

Indicator
Coverage in 4th 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)