Coverage (%) - Contributory Pensions in Panama

Panama: Coverage (%) - Contributory Pensions was 18.6% in 2023. ▲ Rising

Latest (2023)
18.6%
Change on year
up 8.0%
World rank
21st
of 37 countries
All-time high
18.6%
in 2023
All-time low
12.6%
in 2011
Years of data
14
2008–2023

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

051015202008201520232008: 16.32009: 12.92010: 12.62011: 12.62012: 13.22013: 13.52014: 13.82015: 14.12016: 152017: 15.12018: 15.92019: 16.82021: 17.22023: 18.6

Source: ASPIRE.

Analysis

The most recent figure for coverage (%) - contributory pensions in Panama is 18.6%, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 8.0% on the previous year and up 37.9% over ten years.

Over the whole period, coverage (%) - contributory pensions in Panama peaked at 18.6% in 2023 and was at its lowest, 12.6%, in 2011.

Panama ranks 21st 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 (%) - Contributory Pensions in Panama, year by year

Annual values for Coverage (%) - Contributory Pensions in Panama, 2008 to 2023.
Year Value Change
2008 16.3% —
2009 12.9% -20.5%
2010 12.6% -2.1%
2011 12.6% -0.2%
2012 13.2% +4.3%
2013 13.5% +2.7%
2014 13.8% +2.4%
2015 14.1% +2.2%
2016 15.0% +6.2%
2017 15.1% +0.4%
2018 15.9% +5.3%
2019 16.8% +5.8%
2021 17.2% +2.8%
2023 18.6% +8.0%

Panama compared with similar countries

  • Panama's 18.6% is below the median for high income countries, which is 33.3%, 56% of the median. (7 countries reporting)
  • Panama's 18.6% is above the median for Latin America & Caribbean, which is 14.9%, 1.3× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.6% 12.9% 16.3% 2
2010s 14.3% 12.6% 16.8% 10
2020s 17.9% 17.2% 18.6% 2

Countries ranked near Panama

  1. 18 Brazil 28.3% compare
  2. 19 Chile 23.1% compare
  3. 20 Costa Rica 21.7% compare
  4. 22 Mexico 16.0% compare
  5. 23 Ecuador 14.9% compare
  6. 24 Colombia 10.6% compare

See the full ranking of 37 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is coverage (%) - contributory pensions in Panama?
Coverage (%) - contributory pensions in Panama was 18.6% in 2023, according to ASPIRE.
What is the highest coverage (%) - contributory pensions recorded in Panama?
The highest recorded value was 18.6% in 2023.
What is the lowest coverage (%) - contributory pensions recorded in Panama?
The lowest recorded value was 12.6% in 2011.
How does Panama rank for coverage (%) - contributory pensions?
Panama ranks 21st out of 37 countries with data for 2023.
Is coverage (%) - contributory pensions rising or falling in Panama?
Over the last ten years it is up 37.9%. 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. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Coverage (%) - Contributory Pensions
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)