Enforcing contracts: Time in Panama

Panama: Enforcing contracts: Time was 790 days in 2019. ▲ Rising

Latest (2019)
790 days
Change on year
unchanged
World rank
44th
of 188 countries
All-time high
790 days
in 2013
All-time low
686 days
in 2003
Years of data
17
2003–2019

Enforcing contracts: Time in Panama, 2003–2019

02004006008002003201120192003: 686 days2004: 686 days2005: 686 days2006: 686 days2007: 686 days2008: 686 days2009: 686 days2010: 686 days2011: 686 days2012: 686 days2013: 790 days2014: 790 days2015: 790 days2016: 790 days2017: 790 days2018: 790 days2019: 790 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for enforcing contracts: time in Panama is 790 days, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 15.2% over ten years.

Over the whole period, enforcing contracts: time in Panama peaked at 790 days in 2013 and was at its lowest, 686 days, in 2003.

Panama ranks 44th of 188 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 686 days 686 days 686 days 7
2010s 758.8 days 686 days 790 days 10

Countries ranked near Panama

  1. 42 Brazil 801.2 days compare
  2. 43 Cameroon 800 days compare
  3. 45 Slovakia 775 days compare
  4. 46 Maldives 760 days compare
  5. 47 Gambia 758 days 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: time in Panama?
Enforcing contracts: time in Panama was 790 days in 2019, according to the World Bank.
What is the highest enforcing contracts: time recorded in Panama?
The highest recorded value was 790 days in 2013.
What is the lowest enforcing contracts: time recorded in Panama?
The lowest recorded value was 686 days in 2003.
How does Panama rank for enforcing contracts: time?
Panama ranks 44th out of 188 countries with data for 2019.
Is enforcing contracts: time rising or falling in Panama?
Over the last ten years it is up 15.2%. 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: Time (days). 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: Time (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The time to enforce contracts is recorded in calendar days, counted from the moment plaintiff decides to file the lawsuit in court until payment. The average duration of the following three different stages of dispute resolution is recorded: (i) filing and service, (ii) trial and judgment, and (iii) enforcement.