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GOAL 8: Decent Work and Economic Growth in Panama

Panama: GOAL 8: Decent Work and Economic Growth was 0.875 5 year moving average in 2023. ▲ Rising

Latest (2023)
0.875 5 year moving average
Change on year
up 12.5%
World rank
34th
of 214 countries
All-time high
0.875 5 year moving average
in 2021
All-time low
0.222 5 year moving average
in 2004
Years of data
20
2004–2023

GOAL 8: Decent Work and Economic Growth in Panama, 2004–2023

0.20.40.60.82004201320232004: 0.222 5 year moving average2005: 0.3 5 year moving average2006: 0.3 5 year moving average2007: 0.3 5 year moving average2008: 0.364 5 year moving average2009: 0.545 5 year moving average2010: 0.5 5 year moving average2011: 0.667 5 year moving average2012: 0.667 5 year moving average2013: 0.667 5 year moving average2014: 0.75 5 year moving average2015: 0.75 5 year moving average2016: 0.75 5 year moving average2017: 0.75 5 year moving average2018: 0.667 5 year moving average2019: 0.462 5 year moving average2020: 0.692 5 year moving average2021: 0.875 5 year moving average2022: 0.778 5 year moving average2023: 0.875 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

In 2023, goal 8: decent work and economic growth in Panama stood at 0.875 5 year moving average. That is the highest value across all 20 years on record.

The figure is up 12.5% on the previous year and up 31.2% over ten years.

Over the whole period, goal 8: decent work and economic growth in Panama peaked at 0.875 5 year moving average in 2021 and was at its lowest, 0.222 5 year moving average, in 2004.

Panama ranks 34th of 214 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3385 5 year moving average 0.222 5 year moving average 0.545 5 year moving average 6
2010s 0.663 5 year moving average 0.462 5 year moving average 0.75 5 year moving average 10
2020s 0.805 5 year moving average 0.692 5 year moving average 0.875 5 year moving average 4

Countries ranked near Panama

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  4. 34 Armenia 0.875 5 year moving average compare
  5. 34 Bangladesh 0.875 5 year moving average compare
  6. 34 Bolivia 0.875 5 year moving average compare
  7. 34 Bosnia and Herzegovina 0.875 5 year moving average compare
  8. 34 Botswana 0.875 5 year moving average compare
  9. 34 Brazil 0.875 5 year moving average compare
  10. 34 Cambodia 0.875 5 year moving average compare
  11. 34 Chile 0.875 5 year moving average compare
  12. 34 Comoros 0.875 5 year moving average compare
  13. 34 Democratic Republic of Congo 0.875 5 year moving average compare
  14. 34 Cote d'Ivoire 0.875 5 year moving average compare
  15. 34 Dominican Republic 0.875 5 year moving average compare
  16. 34 Ecuador 0.875 5 year moving average compare
  17. 34 Egypt 0.875 5 year moving average compare
  18. 34 El Salvador 0.875 5 year moving average compare
  19. 34 Eswatini 0.875 5 year moving average compare
  20. 34 Ethiopia 0.875 5 year moving average compare
  21. 34 Gambia 0.875 5 year moving average compare
  22. 34 Georgia 0.875 5 year moving average compare
  23. 34 Ghana 0.875 5 year moving average compare
  24. 34 Guatemala 0.875 5 year moving average compare
  25. 34 Guinea 0.875 5 year moving average compare
  26. 34 Honduras 0.875 5 year moving average compare
  27. 34 India 0.875 5 year moving average compare
  28. 34 Indonesia 0.875 5 year moving average compare
  29. 34 Iraq 0.875 5 year moving average compare
  30. 34 Israel 0.875 5 year moving average compare
  31. 34 Jamaica 0.875 5 year moving average compare
  32. 34 Jordan 0.875 5 year moving average compare
  33. 34 Kenya 0.875 5 year moving average compare
  34. 34 South Korea 0.875 5 year moving average compare
  35. 34 Kyrgyzstan 0.875 5 year moving average compare
  36. 34 Laos 0.875 5 year moving average compare
  37. 34 Latvia 0.875 5 year moving average compare
  38. 34 Lebanon 0.875 5 year moving average compare
  39. 34 Lesotho 0.875 5 year moving average compare
  40. 34 Luxembourg 0.875 5 year moving average compare
  41. 34 Malawi 0.875 5 year moving average compare
  42. 34 Malaysia 0.875 5 year moving average compare
  43. 34 Mali 0.875 5 year moving average compare
  44. 34 Mauritania 0.875 5 year moving average compare
  45. 34 Mauritius 0.875 5 year moving average compare
  46. 34 Moldova 0.875 5 year moving average compare
  47. 34 Mongolia 0.875 5 year moving average compare
  48. 34 Myanmar 0.875 5 year moving average compare
  49. 34 Nigeria 0.875 5 year moving average compare
  50. 34 North Macedonia 0.875 5 year moving average compare
  51. 34 Pakistan 0.875 5 year moving average compare
  52. 34 Peru 0.875 5 year moving average compare
  53. 34 Philippines 0.875 5 year moving average compare
  54. 34 Senegal 0.875 5 year moving average compare
  55. 34 Serbia 0.875 5 year moving average compare
  56. 34 South Africa 0.875 5 year moving average compare
  57. 34 Sri Lanka 0.875 5 year moving average compare
  58. 34 Tanzania 0.875 5 year moving average compare
  59. 34 Thailand 0.875 5 year moving average compare
  60. 34 Togo 0.875 5 year moving average compare
  61. 34 Tunisia 0.875 5 year moving average compare
  62. 34 Uganda 0.875 5 year moving average compare
  63. 34 Vietnam 0.875 5 year moving average compare
  64. 34 Palestine 0.875 5 year moving average compare
  65. 34 Zambia 0.875 5 year moving average compare
  66. 34 Zimbabwe 0.875 5 year moving average compare

See the full ranking of 215 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is goal 8: decent work and economic growth in Panama?
Goal 8: decent work and economic growth in Panama was 0.875 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 8: decent work and economic growth recorded in Panama?
The highest recorded value was 0.875 5 year moving average in 2021.
What is the lowest goal 8: decent work and economic growth recorded in Panama?
The lowest recorded value was 0.222 5 year moving average in 2004.
How does Panama rank for goal 8: decent work and economic growth?
Panama ranks 34th out of 214 countries with data for 2023.
Is goal 8: decent work and economic growth rising or falling in Panama?
Over the last ten years it is up 31.2%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of GOAL 8: Decent Work and Economic Growth (5 year moving average). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
GOAL 8: Decent Work and Economic Growth (5 year moving average)
Unit
5 year moving average
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

SDG Goal 8 data availability. Source: UN Global SDG Indicators Database