Coverage (%) - All Private Transfers in Panama

Panama: Coverage (%) - All Private Transfers was 24.4% in 2023. ▲ Rising

Latest (2023)
24.4%
Change on year
up 5.3%
World rank
14th
of 37 countries
All-time high
30.8%
in 2016
All-time low
9.6%
in 2014
Years of data
14
2008–2023

Coverage (%) - All Private Transfers in Panama, 2008–2023

10152025302008201520232008: 29.12009: 10.72010: 11.62011: 11.22012: 11.32013: 10.92014: 9.62015: 27.22016: 30.82017: 25.62018: 28.72019: 29.52021: 23.22023: 24.4

Source: ASPIRE.

Analysis

Panama recorded 24.4% for coverage (%) - all private transfers in 2023.

The figure is up 5.3% on the previous year and up 124.5% over ten years.

Over the whole period, coverage (%) - all private transfers in Panama peaked at 30.8% in 2016 and was at its lowest, 9.6%, in 2014.

That places Panama 14th 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 (%) - All Private Transfers in Panama, year by year

Annual values for Coverage (%) - All Private Transfers in Panama, 2008 to 2023.
Year Value Change
2008 29.1% —
2009 10.7% -63.4%
2010 11.6% +8.7%
2011 11.2% -3.0%
2012 11.3% +1.0%
2013 10.9% -4.3%
2014 9.6% -12.0%
2015 27.2% +185.3%
2016 30.8% +13.2%
2017 25.6% -17.0%
2018 28.7% +12.0%
2019 29.5% +3.0%
2021 23.2% -21.6%
2023 24.4% +5.3%

Panama compared with similar countries

  • Panama's 24.4% is above the median for high income countries, which is 17.5%, 1.4× the median. (6 countries reporting)
  • Panama's 24.4% is above the median for Latin America & Caribbean, which is 21.8%, 1.1× the median. (15 countries reporting)

Biggest year-on-year movements

Years where Coverage (%) - 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 +185.3% 9.6% 27.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.9% 10.7% 29.1% 2
2010s 19.6% 9.6% 30.8% 10
2020s 23.8% 23.2% 24.4% 2

Countries ranked near Panama

  1. 11 Poland 30.1% compare
  2. 12 Burkina Faso 28.8% compare
  3. 13 Cote d'Ivoire 27.9% compare
  4. 15 Bolivia 23.9% compare
  5. 16 Peru 22.7% compare
  6. 17 Armenia 22.2% compare

See the full ranking of 37 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage (%) - all private transfers in Panama?
Coverage (%) - all private transfers in Panama was 24.4% in 2023, according to ASPIRE.
What is the highest coverage (%) - all private transfers recorded in Panama?
The highest recorded value was 30.8% in 2016.
What is the lowest coverage (%) - all private transfers recorded in Panama?
The lowest recorded value was 9.6% in 2014.
How does Panama rank for coverage (%) - all private transfers?
Panama ranks 14th out of 37 countries with data for 2023.
Is coverage (%) - all private transfers rising or falling in Panama?
Over the last ten years it is up 124.5%. 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 (%) - All Private Transfers. Statizoid updates them automatically from the source API.

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Coverage (%) - All Private Transfers in Panama. Statizoid, drawing on ASPIRE. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/coverage-percent-all-private-transfers/panama/

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About this data

Indicator
Coverage (%) - All Private Transfers
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)