Argentina vs Panama: Rule of Law - Governance estimate

Argentina
-0.2514 approx. -2.5 to +2.5
in 2024
Panama
-0.2634 approx. -2.5 to +2.5
in 2024
Argentina rank
113th
Panama rank
115th

Rule of Law - Governance estimate over time

  • Argentina
  • Panama
-0.8-0.6-0.4-0.2-00.2199620102024

How they compare

Argentina currently reports -0.2514 approx. -2.5 to +2.5 against -0.2634 approx. -2.5 to +2.5 in Panama, a difference of 0.012 approx. -2.5 to +2.5.

The two have swapped places 4 times across 26 shared years of data; in 1996 it was Argentina ahead.

Argentina ranks 113th and Panama ranks 115th of 206 countries.

Across the 4 decades both report, Argentina averaged higher in 1 and Panama in 3.

Head to head by decade

Decade Argentina Panama Difference Ahead
1990s 0.0818 approx. -2.5 to +2.5 -0.2149 approx. -2.5 to +2.5 0.2966 approx. -2.5 to +2.5 Argentina
2000s -0.56 approx. -2.5 to +2.5 -0.0936 approx. -2.5 to +2.5 0.4664 approx. -2.5 to +2.5 Panama
2010s -0.4223 approx. -2.5 to +2.5 -0.1871 approx. -2.5 to +2.5 0.2352 approx. -2.5 to +2.5 Panama
2020s -0.275 approx. -2.5 to +2.5 -0.2352 approx. -2.5 to +2.5 0.0398 approx. -2.5 to +2.5 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher rule of law - governance estimate, Argentina or Panama?
Argentina, at -0.2514 approx. -2.5 to +2.5 against -0.2634 approx. -2.5 to +2.5 in Panama as of 2024.
What is the difference in rule of law - governance estimate between Argentina and Panama?
0.012 approx. -2.5 to +2.5, with Argentina ahead.
How many years of comparable data are there for Argentina and Panama?
26 years are reported by both, from 1996 to 2024.
How do Argentina and Panama rank globally for rule of law - governance estimate?
Argentina ranks 113th and Panama ranks 115th of 206 countries.
Where does this data come from?
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as Rule of Law - Governance estimate (approx. -2.5 to +2.5). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Panama: Rule of Law - Governance estimate. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 28 August 2026, from https://reference.statizoid.com/compare/rule-of-law-governance-estimate-approx-2-5-to-2-5/argentina/panama/

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About this data

Indicator
Rule of Law - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
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
206 places, 5,270 data points, 1996–2024
Last refreshed

Rule of Law (RL) captures perceptions of the extent to which agents respect and follow the rules of society, including contract enforcement, property rights, the police, courts, and the likelihood of crime and violence. 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.