Coverage in 5th quintile (richest) (%) - Contributory Pensions -rural in Panama

Panama: Coverage in 5th quintile (richest) (%) - Contributory Pensions -rural was 18.6% in 2023. ▲ Rising

Latest (2023)
18.6%
Change on year
down 4.2%
World rank
17th
of 31 countries
All-time high
21.6%
in 2008
All-time low
13.3%
in 2010
Years of data
14
2008–2023

Coverage in 5th quintile (richest) (%) - Contributory Pensions -rural in Panama, 2008–2023

051015202008201520232008: 21.62009: 13.92010: 13.32011: 15.82012: 16.42013: 16.62014: 15.52015: 15.82016: 152017: 15.92018: 16.82019: 19.42021: 19.42023: 18.6

Source: ASPIRE.

Analysis

Panama recorded 18.6% for coverage in 5th quintile (richest) (%) - contributory pensions -rural in 2023.

Compared with earlier readings it is down 4.2% on the previous year and up 12.4% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) - contributory pensions -rural in Panama peaked at 21.6% in 2008 and was at its lowest, 13.3%, in 2010.

That places Panama 17th out of 31 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 17.7% 13.9% 21.6% 2
2010s 16.0% 13.3% 19.4% 10
2020s 19.0% 18.6% 19.4% 2

Countries ranked near Panama

  1. 14 Uruguay 34.2% compare
  2. 15 Chile 30.1% compare
  3. 16 Costa Rica 21.0% compare
  4. 18 Ecuador 17.7% compare
  5. 19 Sri Lanka 16.1% compare
  6. 20 Colombia 13.7% compare

See the full ranking of 32 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage in 5th quintile (richest) (%) - contributory pensions -rural in Panama?
Coverage in 5th quintile (richest) (%) - contributory pensions -rural in Panama was 18.6% in 2023, according to ASPIRE.
What is the highest coverage in 5th quintile (richest) (%) - contributory pensions -rural recorded in Panama?
The highest recorded value was 21.6% in 2008.
What is the lowest coverage in 5th quintile (richest) (%) - contributory pensions -rural recorded in Panama?
The lowest recorded value was 13.3% in 2010.
How does Panama rank for coverage in 5th quintile (richest) (%) - contributory pensions -rural?
Panama ranks 17th out of 31 countries with data for 2023.
Is coverage in 5th quintile (richest) (%) - contributory pensions -rural rising or falling in Panama?
Over the last ten years it is up 12.4%. 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 5th quintile (richest) (%) - Contributory Pensions -rural. Statizoid updates them automatically from the source API.

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About this data

Indicator
Coverage in 5th quintile (richest) (%) - Contributory Pensions -rural
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
32 places, 303 data points, 2002–2023
Last refreshed

Percentage of population participating in Contributory Pensions programs (includes direct and indirect beneficiaries)