Enforcing contracts: Cost (% of claim) - Score in Panama

Panama: Enforcing contracts: Cost (% of claim) - Score was 57.4% in 2019. ▲ Rising

Latest (2019)
57.4%
Change on year
unchanged
World rank
141st
of 188 countries
All-time high
57.4%
in 2010
All-time low
43.9%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost (% of claim) - Score in Panama, 2003–2019

02040602003201120192003: 43.92004: 43.92005: 43.92006: 43.92007: 43.92008: 43.92009: 43.92010: 57.42011: 57.42012: 57.42013: 57.42014: 57.42015: 57.42016: 57.42017: 57.42018: 57.42019: 57.4

Source: World Bank.

Analysis

In 2019, enforcing contracts: cost (% of claim) - score in Panama stood at 57.4%. That is the highest value across all 17 years on record.

That represents a change of up 30.8% over ten years.

Over the whole period, enforcing contracts: cost (% of claim) - score in Panama peaked at 57.4% in 2010 and was at its lowest, 43.9%, in 2003.

Panama ranks 141st of 188 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 43.9% 43.9% 43.9% 7
2010s 57.4% 57.4% 57.4% 10

Countries ranked near Panama

  1. 138 Suriname 58.4% compare
  2. 139 Saint Lucia 58.2% compare
  3. 140 Malaysia 57.5% compare
  4. 142 Zambia 56.6% compare
  5. 143 Honduras 56.5% compare
  6. 144 Nigeria 56.4% compare

See the full ranking of 190 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is enforcing contracts: cost (% of claim) - score in Panama?
Enforcing contracts: cost (% of claim) - score in Panama was 57.4% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost (% of claim) - score recorded in Panama?
The highest recorded value was 57.4% in 2010.
What is the lowest enforcing contracts: cost (% of claim) - score recorded in Panama?
The lowest recorded value was 43.9% in 2003.
How does Panama rank for enforcing contracts: cost (% of claim) - score?
Panama ranks 141st out of 188 countries with data for 2019.
Is enforcing contracts: cost (% of claim) - score rising or falling in Panama?
Over the last ten years it is up 30.8%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Cost (% of claim) - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts: Cost (% of claim) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for cost to enforce contracts benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.