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
144th
of 191 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 144th of 191 countries on this measure, in the bottom quarter.

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

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

Annual values for Enforcing contracts: Cost (% of claim) - Score in Panama, 2003 to 2019.
Year Value Change
2003 43.9% —
2004 43.9% +0.0%
2005 43.9% +0.0%
2006 43.9% +0.0%
2007 43.9% +0.0%
2008 43.9% +0.0%
2009 43.9% +0.0%
2010 57.4% +30.8%
2011 57.4% +0.0%
2012 57.4% +0.0%
2013 57.4% +0.0%
2014 57.4% +0.0%
2015 57.4% +0.0%
2016 57.4% +0.0%
2017 57.4% +0.0%
2018 57.4% +0.0%
2019 57.4% +0.0%

Panama compared with similar countries

  • Panama's 57.4% is below the median for high income countries, which is 74.5%, 77% of the median. (62 countries reporting)
  • Panama's 57.4% is below the median for Latin America & Caribbean, which is 66.4%, 86% of the median. (33 countries reporting)

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. 141 Suriname 58.4% compare
  2. 142 Saint Lucia 58.2% compare
  3. 143 Malaysia 57.5% compare
  4. 145 Zambia 56.6% compare
  5. 146 Honduras 56.5% compare
  6. 147 Nigeria 56.4% compare

See the full ranking of 191 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 144th out of 191 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.

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Enforcing contracts: Cost (% of claim) - Score in Panama. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/enforcing-contracts-cost-percent-of-claim-score/panama/

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About this data

Indicator
Enforcing contracts: Cost (% of claim) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 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.