Regulatory Quality - Governance estimate in Panama
Panama: Regulatory Quality - Governance estimate was -0.0738 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Panama, 1996–2024
Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in approx. -2.5 to +2.5.
Analysis
The most recent figure for regulatory quality - governance estimate in Panama is -0.0738 approx. -2.5 to +2.5, measured in 2024. That is the lowest value across all 26 years on record.
The figure is down 420.2% on the previous year and down 119.1% over ten years.
Over the whole period, regulatory quality - governance estimate in Panama peaked at 0.5995 approx. -2.5 to +2.5 in 1998 and was at its lowest, -0.0738 approx. -2.5 to +2.5, in 2024.
That places Panama 100th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3883 approx. -2.5 to +2.5 | 0.1771 approx. -2.5 to +2.5 | 0.5995 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.3853 approx. -2.5 to +2.5 | 0.2422 approx. -2.5 to +2.5 | 0.5433 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.4135 approx. -2.5 to +2.5 | 0.3137 approx. -2.5 to +2.5 | 0.5429 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.094 approx. -2.5 to +2.5 | -0.0738 approx. -2.5 to +2.5 | 0.2697 approx. -2.5 to +2.5 | 5 |
Countries ranked near Panama
More reference data data for Panama
- Number of child deaths per woman 0.0354 under-five deaths per woman (2024)
- Fertility rate: births per woman 2.12 live births per woman (2023)
- Fertility rate vs. Human Development Index 2.12 live births per woman (2023)
- Fertility rate: births per woman 2.12 live births per woman (2023)
- Human Development Index 0.839 (2023)
- Rule of Law - Governance estimate -0.2634 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 52.43 0-100 (2024)
- Voice and Accountability - Governance score 64.57 0-100 (2024)
- Voice and Accountability - Governance estimate 0.4411 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance estimate 0.2647 approx. -2.5 to +2.5 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Panama?
- Regulatory quality - governance estimate in Panama was -0.0738 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
- What is the highest regulatory quality - governance estimate recorded in Panama?
- The highest recorded value was 0.5995 approx. -2.5 to +2.5 in 1998.
- What is the lowest regulatory quality - governance estimate recorded in Panama?
- The lowest recorded value was -0.0738 approx. -2.5 to +2.5 in 2024.
- How does Panama rank for regulatory quality - governance estimate?
- Panama ranks 100th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Panama?
- Over the last ten years it is down 119.1%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as part of Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.