Regulatory Quality - Governance score in Panama

Panama: Regulatory Quality - Governance score was 53.7 0-100 in 2024. ▼ Falling

Latest (2024)
53.7 0-100
Change on year
down 2.8%
World rank
100th
of 204 countries
All-time high
64.32 0-100
in 1998
All-time low
53.7 0-100
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance score in Panama, 1996–2024

02040601996201020241996: 57.7 0-1001998: 64.3 0-1002000: 63.1 0-1002002: 61.8 0-1002003: 59.1 0-1002004: 58.7 0-1002005: 59.8 0-1002006: 59.9 0-1002007: 61.2 0-1002008: 63.4 0-1002009: 61.4 0-1002010: 62.8 0-1002011: 63.4 0-1002012: 62.3 0-1002013: 61.5 0-1002014: 60.9 0-1002015: 61.5 0-1002016: 61.5 0-1002017: 60.2 0-1002018: 59.8 0-1002019: 59.9 0-1002020: 59.1 0-1002021: 58.2 0-1002022: 55.5 0-1002023: 55.2 0-1002024: 53.7 0-100

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in 0-100.

Analysis

Panama recorded 53.7 0-100 for regulatory quality - governance score in 2024. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 2.8% on the previous year and down 11.9% over ten years.

Over the whole period, regulatory quality - governance score in Panama peaked at 64.32 0-100 in 1998 and was at its lowest, 53.7 0-100, in 2024.

Panama ranks 100th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.99 0-100 57.66 0-100 64.32 0-100 2
2000s 60.94 0-100 58.68 0-100 63.43 0-100 9
2010s 61.39 0-100 59.81 0-100 63.43 0-100 10
2020s 56.34 0-100 53.7 0-100 59.12 0-100 5

Countries ranked near Panama

  1. 97 South Africa 53.91 0-100 compare
  2. 98 Mongolia 53.75 0-100 compare
  3. 99 China 53.74 0-100 compare
  4. 101 Ghana 53.45 0-100 compare
  5. 102 Bhutan 53.42 0-100 compare
  6. 103 India 53.35 0-100 compare

See the full ranking of 204 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is regulatory quality - governance score in Panama?
Regulatory quality - governance score in Panama was 53.7 0-100 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 score recorded in Panama?
The highest recorded value was 64.32 0-100 in 1998.
What is the lowest regulatory quality - governance score recorded in Panama?
The lowest recorded value was 53.7 0-100 in 2024.
How does Panama rank for regulatory quality - governance score?
Panama ranks 100th out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Panama?
Over the last ten years it is down 11.9%. 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 score (0-100). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Regulatory Quality - Governance score (0-100)
Unit
0-100
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,143 data points, 1996–2024
Last refreshed

Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance score is a linear transformation of the governance estimate using hypothetical worst-case and base-case countries. It is an absolute score ranging from 0-100. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) confidence intervals (lower and upper bound). The number of sources indicates the number of underlying data sources on which the governance score (respectively the underlying governance estimate) is based. The confidence intervals include the lower and upper bound of the 90% confidence interval for the governance score. Confidence intervals are a statistical range of values that likely contain the true value (of what is being estimated).