New businesses registered in Panama

Panama: New businesses registered was 13,048 number in 2022. ▼ Falling

Latest (2022)
13,048 number
Change on year
down 11.4%
World rank
80th
of 176 countries
All-time high
30,203 number
in 2013
All-time low
10,136 number
in 2020
Years of data
10
2013–2022

New businesses registered in Panama, 2013–2022

10.0k15.0k20.0k25.0k30.0k2013201720222013: 30.2k number2014: 29.5k number2015: 26.6k number2016: 19.7k number2017: 15.6k number2018: 13.2k number2019: 14.1k number2020: 10.1k number2021: 14.7k number2022: 13.0k number

Source: Entrepreneurship Database, World Bank (WB). Measured in number.

Analysis

In 2022, new businesses registered in Panama stood at 13,048 number.

That represents a change of down 11.4% on the previous year and down 56.8% over ten years.

Over the whole period, new businesses registered in Panama peaked at 30,203 number in 2013 and was at its lowest, 10,136 number, in 2020.

Panama ranks 80th of 176 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 21,268 number 13,204 number 30,203 number 7
2020s 12,639 number 10,136 number 14,734 number 3

Countries ranked near Panama

  1. 77 Azerbaijan 14,215 number compare
  2. 78 Myanmar 14,051 number compare
  3. 79 Senegal 13,136 number compare
  4. 81 Mauritius 12,614 number compare
  5. 82 Namibia 12,117 number compare
  6. 83 Guatemala 11,909 number compare

See the full ranking of 176 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is new businesses registered in Panama?
New businesses registered in Panama was 13,048 number in 2022, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Panama?
The highest recorded value was 30,203 number in 2013.
What is the lowest new businesses registered recorded in Panama?
The lowest recorded value was 10,136 number in 2020.
How does Panama rank for new businesses registered?
Panama ranks 80th out of 176 countries with data for 2022.
Is new businesses registered rising or falling in Panama?
Over the last ten years it is down 56.8%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.