Panama—Social Insurance Coverage (%)
Category: Social ProtectionSource: World Bank World Development Indicators ↗Global Rank: #18 of 51Updated April 2026
Latest Value
23.4%
2023
YoY Change
+7.0%
2021 → 2023
Global Rank
#18
of 51 countries
Maximum
23.4%
2023
Minimum
16.3%
2008
CAGR
+2.5%
14 years
Last
23.4%
Previous
21.9%
Highest
23.4%
Lowest
16.3%
Source
World Bank World Development Indicators
Panama's social insurance coverage (%) was 23.4% in 2023, ranking #18 out of 51 countries. This represents a +7.0% change from 2021. Over the past 14 years, the highest recorded value was 23.4% (2023) and the lowest was 16.3% (2008). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 23.4% | +7.0% |
| 2021 | 21.9% | +2.1% |
| 2019 | 21.4% | +2.9% |
| 2018 | 20.8% | +6.7% |
| 2017 | 19.5% | +4.3% |
| 2016 | 18.7% | +3.9% |
| 2015 | 18.0% | +0.7% |
| 2014 | 17.9% | +4.1% |
| 2013 | 17.2% | -0.4% |
| 2012 | 17.2% | -1.2% |
| 2011 | 17.5% | -5.0% |
| 2010 | 18.4% | -1.8% |
| 2009 | 18.7% | +15.1% |
| 2008 | 16.3% |
Top Countries — Social Insurance Coverage (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Armenia | 60.2% | 2022 |
| 2 | Serbia | 57.2% | 2022 |
| 3 | Marshall Islands | 55.6% | 2019 |
| 4 | Ukraine | 54.6% | 2020 |
| 5 | Kyrgyz Republic | 49.4% | 2020 |
| 6 | Belarus | 47.7% | 2019 |
| 7 | Chile | 45.5% | 2022 |
| 8 | Poland | 45.0% | 2019 |
| 9 | Kiribati | 43.1% | 2019 |
| 10 | Romania | 39.2% | 2021 |