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

Panama: Coverage in 5th quintile (richest) (%) - Contributory Pensions -urban was 35.1% in 2023. ▲ Rising

Latest (2023)
35.1%
Change on year
up 5.3%
World rank
17th
of 37 countries
All-time high
35.1%
in 2023
All-time low
25.5%
in 2011
Years of data
14
2008–2023

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

0102030402008201520232008: 30.72009: 29.12010: 28.92011: 25.52012: 282013: 29.72014: 27.82015: 282016: 30.52017: 28.32018: 29.52019: 30.52021: 33.32023: 35.1

Source: ASPIRE.

Analysis

In 2023, coverage in 5th quintile (richest) (%) - contributory pensions -urban in Panama stood at 35.1%. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 5.3% on the previous year and up 17.8% over ten years.

Over the whole period, coverage in 5th quintile (richest) (%) - contributory pensions -urban in Panama peaked at 35.1% in 2023 and was at its lowest, 25.5%, in 2011.

Panama ranks 17th 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 5th quintile (richest) (%) - Contributory Pensions -urban in Panama, year by year

Annual values for Coverage in 5th quintile (richest) (%) - Contributory Pensions -urban in Panama, 2008 to 2023.
Year Value Change
2008 30.7% —
2009 29.1% -5.3%
2010 28.9% -0.5%
2011 25.5% -11.9%
2012 28.0% +10.0%
2013 29.7% +6.2%
2014 27.8% -6.4%
2015 28.0% +0.4%
2016 30.5% +9.3%
2017 28.3% -7.4%
2018 29.5% +4.2%
2019 30.5% +3.4%
2021 33.3% +9.2%
2023 35.1% +5.3%

Panama compared with similar countries

  • Panama's 35.1% is below the median for high income countries, which is 35.9%, 98% of the median. (7 countries reporting)
  • Panama's 35.1% is above the median for Latin America & Caribbean, which is 29.3%, 1.2× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 29.9% 29.1% 30.7% 2
2010s 28.7% 25.5% 30.5% 10
2020s 34.2% 33.3% 35.1% 2

Countries ranked near Panama

  1. 14 Poland 36.6% compare
  2. 15 Ecuador 35.9% compare
  3. 16 Costa Rica 35.9% compare
  4. 18 Moldova 33.2% compare
  5. 19 Colombia 29.9% compare
  6. 20 Mexico 29.3% 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) (%) - contributory pensions -urban in Panama?
Coverage in 5th quintile (richest) (%) - contributory pensions -urban in Panama was 35.1% in 2023, according to ASPIRE.
What is the highest coverage in 5th quintile (richest) (%) - contributory pensions -urban recorded in Panama?
The highest recorded value was 35.1% in 2023.
What is the lowest coverage in 5th quintile (richest) (%) - contributory pensions -urban recorded in Panama?
The lowest recorded value was 25.5% in 2011.
How does Panama rank for coverage in 5th quintile (richest) (%) - contributory pensions -urban?
Panama ranks 17th out of 37 countries with data for 2023.
Is coverage in 5th quintile (richest) (%) - contributory pensions -urban rising or falling in Panama?
Over the last ten years it is up 17.8%. 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 -urban. Statizoid updates them automatically from the source API.

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Coverage in 5th quintile (richest) (%) - Contributory Pensions -urban in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/coverage-in-5th-quintile-richest-percent-contributory-pensions-urban/panama/

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About this data

Indicator
Coverage in 5th quintile (richest) (%) - 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)