Coverage in 5th quintile (richest) (%) - All Private Transfers in Panama

Panama: Coverage in 5th quintile (richest) (%) - All Private Transfers was 16.0% in 2023. ◆ Volatile

Latest (2023)
16.0%
Change on year
down 8.6%
World rank
22nd
of 37 countries
All-time high
21.8%
in 2016
All-time low
5.0%
in 2012
Years of data
14
2008–2023

Coverage in 5th quintile (richest) (%) - All Private Transfers in Panama, 2008–2023

51015202008201520232008: 20.9 preT2009: 6.1 preT2010: 7.1 preT2011: 5.6 preT2012: 5 preT2013: 5 preT2014: 5 preT2015: 18.1 preT2016: 21.8 preT2017: 16.7 preT2018: 18.6 preT2019: 18.6 preT2021: 17.5 preT2023: 16 preT

Source: ASPIRE. Measured in preT.

Analysis

Panama recorded 16.0% for coverage in 5th quintile (richest) (%) - all private transfers in 2023.

The figure is down 8.6% on the previous year and up 219.1% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) - all private transfers in Panama peaked at 21.8% in 2016 and was at its lowest, 5.0%, in 2012.

Panama ranks 22nd of 37 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Coverage in 5th quintile (richest) (%) - All Private Transfers in Panama, year by year

Annual values for Coverage in 5th quintile (richest) (%) - All Private Transfers (preT) in Panama, 2008 to 2023.
Year preT Change
2008 20.9% —
2009 6.1% -70.9%
2010 7.1% +17.1%
2011 5.6% -20.6%
2012 5.0% -11.1%
2013 5.0% +0.0%
2014 5.0% +0.6%
2015 18.1% +259.4%
2016 21.8% +20.4%
2017 16.7% -23.4%
2018 18.6% +10.9%
2019 18.6% +0.2%
2021 17.5% -5.8%
2023 16.0% -8.6%

Panama compared with similar countries

  • Panama's 16.0% is above the median for high income countries, which is 10.8%, 1.5× the median. (6 countries reporting)
  • Panama's 16.0% is above the median for Latin America & Caribbean, which is 14.7%, 1.1× the median. (15 countries reporting)

Biggest year-on-year movements

Years where Coverage in 5th quintile (richest) (%) - All Private Transfers in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +259.4% 5.0% 18.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.5% 6.1% 20.9% 2
2010s 12.2% 5.0% 21.8% 10
2020s 16.8% 16.0% 17.5% 2

Countries ranked near Panama

  1. 19 Albania 17.5% compare
  2. 20 Peru 17.4% compare
  3. 21 Thailand 17.2% compare
  4. 23 Turkey 15.5% compare
  5. 24 Paraguay 14.7% compare
  6. 25 Mexico 13.4% 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 5th quintile (richest) (%) - all private transfers in Panama?
Coverage in 5th quintile (richest) (%) - all private transfers in Panama was 16.0% in 2023, according to ASPIRE.
What is the highest coverage in 5th quintile (richest) (%) - all private transfers recorded in Panama?
The highest recorded value was 21.8% in 2016.
What is the lowest coverage in 5th quintile (richest) (%) - all private transfers recorded in Panama?
The lowest recorded value was 5.0% in 2012.
How does Panama rank for coverage in 5th quintile (richest) (%) - all private transfers?
Panama ranks 22nd out of 37 countries with data for 2023.
Is coverage in 5th quintile (richest) (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 219.1%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from ASPIRE, published as part of Coverage in 5th quintile (richest) (%) - All Private Transfers (preT). Statizoid updates them automatically from the source API.

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Coverage in 5th quintile (richest) (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 26 September 2026, from https://reference.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-all-private-transfers-pret/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) - All Private Transfers (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 362 data points, 2002–2023
Last refreshed

Percentage of population participating in Private Transfers programs (includes direct and indirect beneficiaries)