Coverage (%) - Contributory Pensions -urban in Panama

Panama: Coverage (%) - Contributory Pensions -urban was 22.7% in 2023. ▲ Rising

Latest (2023)
22.7%
Change on year
up 9.0%
World rank
18th
of 35 countries
All-time high
22.7%
in 2023
All-time low
15.6%
in 2011
Years of data
14
2008–2023

Coverage (%) - Contributory Pensions -urban in Panama, 2008–2023

05101520252008201520232008: 20.62009: 16.82010: 16.62011: 15.62012: 16.42013: 172014: 17.32015: 182016: 192017: 18.62018: 19.52019: 20.52021: 20.92023: 22.7

Source: ASPIRE.

Analysis

Panama recorded 22.7% for coverage (%) - contributory pensions -urban in 2023. That is the highest value across all 14 years on record.

That represents a change of up 9.0% on the previous year and up 34.0% over ten years.

Over the whole period, coverage (%) - contributory pensions -urban in Panama peaked at 22.7% in 2023 and was at its lowest, 15.6%, in 2011.

Panama ranks 18th of 35 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.7% 16.8% 20.6% 2
2010s 17.8% 15.6% 20.5% 10
2020s 21.8% 20.9% 22.7% 2

Countries ranked near Panama

  1. 15 Argentina 31.6% compare
  2. 16 Brazil 27.9% compare
  3. 17 Costa Rica 24.5% compare
  4. 19 Chile 22.3% compare
  5. 20 Mexico 19.0% compare
  6. 21 Ecuador 17.7% compare

See the full ranking of 36 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage (%) - contributory pensions -urban in Panama?
Coverage (%) - contributory pensions -urban in Panama was 22.7% in 2023, according to ASPIRE.
What is the highest coverage (%) - contributory pensions -urban recorded in Panama?
The highest recorded value was 22.7% in 2023.
What is the lowest coverage (%) - contributory pensions -urban recorded in Panama?
The lowest recorded value was 15.6% in 2011.
How does Panama rank for coverage (%) - contributory pensions -urban?
Panama ranks 18th out of 35 countries with data for 2023.
Is coverage (%) - contributory pensions -urban rising or falling in Panama?
Over the last ten years it is up 34.0%. 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 (%) - Contributory Pensions -urban. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Coverage (%) - Contributory Pensions -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 364 data points, 2002–2023
Last refreshed

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