Government Effectiveness - Governance estimate in Panama

Panama: Government Effectiveness - Governance estimate was 0.2451 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.2451 approx. -2.5 to +2.5
Change on year
up 686.2%
World rank
83rd
of 206 countries
All-time high
0.4972 approx. -2.5 to +2.5
in 2019
All-time low
-0.3602 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Government Effectiveness - Governance estimate in Panama, 1996–2024

-0.4-0.200.20.41996201020241996: -0.36 approx. -2.5 to +2.51998: 0.172 approx. -2.5 to +2.52000: -0.055 approx. -2.5 to +2.52002: -0.199 approx. -2.5 to +2.52003: -0.241 approx. -2.5 to +2.52004: -0.135 approx. -2.5 to +2.52005: -0.116 approx. -2.5 to +2.52006: -0.042 approx. -2.5 to +2.52007: 0.061 approx. -2.5 to +2.52008: 0.029 approx. -2.5 to +2.52009: 0.097 approx. -2.5 to +2.52010: 0.122 approx. -2.5 to +2.52011: 0.125 approx. -2.5 to +2.52012: 0.232 approx. -2.5 to +2.52013: 0.214 approx. -2.5 to +2.52014: 0.226 approx. -2.5 to +2.52015: 0.321 approx. -2.5 to +2.52016: 0.397 approx. -2.5 to +2.52017: 0.343 approx. -2.5 to +2.52018: 0.326 approx. -2.5 to +2.52019: 0.497 approx. -2.5 to +2.52020: 0.231 approx. -2.5 to +2.52021: 0.21 approx. -2.5 to +2.52022: 0.04 approx. -2.5 to +2.52023: 0.031 approx. -2.5 to +2.52024: 0.245 approx. -2.5 to +2.5

Source: World Bank. Measured in approx. -2.5 to +2.5.

Analysis

Panama recorded 0.2451 approx. -2.5 to +2.5 for government effectiveness - governance estimate in 2024.

Compared with earlier readings it is up 686.2% on the previous year and up 8.4% over ten years.

Over the whole period, government effectiveness - governance estimate in Panama peaked at 0.4972 approx. -2.5 to +2.5 in 2019 and was at its lowest, -0.3602 approx. -2.5 to +2.5, in 1996.

Panama ranks 83rd of 206 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Government Effectiveness - Governance estimate in Panama, year by year

Annual values for Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) in Panama, 1996 to 2024.
Year approx. -2.5 to +2.5 Change
1996 -0.3602 approx. -2.5 to +2.5
1998 0.1717 approx. -2.5 to +2.5 -147.7%
2000 -0.0551 approx. -2.5 to +2.5 -132.1%
2002 -0.1992 approx. -2.5 to +2.5 +261.6%
2003 -0.2413 approx. -2.5 to +2.5 +21.1%
2004 -0.1355 approx. -2.5 to +2.5 -43.9%
2005 -0.1164 approx. -2.5 to +2.5 -14.1%
2006 -0.042 approx. -2.5 to +2.5 -64.0%
2007 0.0608 approx. -2.5 to +2.5 -244.9%
2008 0.0294 approx. -2.5 to +2.5 -51.6%
2009 0.0974 approx. -2.5 to +2.5 +231.0%
2010 0.1224 approx. -2.5 to +2.5 +25.7%
2011 0.1253 approx. -2.5 to +2.5 +2.3%
2012 0.2316 approx. -2.5 to +2.5 +84.9%
2013 0.2144 approx. -2.5 to +2.5 -7.4%
2014 0.2262 approx. -2.5 to +2.5 +5.5%
2015 0.321 approx. -2.5 to +2.5 +41.9%
2016 0.3974 approx. -2.5 to +2.5 +23.8%
2017 0.3434 approx. -2.5 to +2.5 -13.6%
2018 0.3258 approx. -2.5 to +2.5 -5.1%
2019 0.4972 approx. -2.5 to +2.5 +52.6%
2020 0.2315 approx. -2.5 to +2.5 -53.4%
2021 0.2102 approx. -2.5 to +2.5 -9.2%
2022 0.0399 approx. -2.5 to +2.5 -81.0%
2023 0.0312 approx. -2.5 to +2.5 -21.9%
2024 0.2451 approx. -2.5 to +2.5 +686.2%

Panama compared with similar countries

  • Panama's 0.2451 approx. -2.5 to +2.5 is below the median for high income countries, which is 1.1 approx. -2.5 to +2.5, 22% of the median. (74 countries reporting)
  • Panama's 0.2451 approx. -2.5 to +2.5 is above the median for Latin America & Caribbean, which is 0.0201 approx. -2.5 to +2.5, 12.2× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Government Effectiveness - Governance estimate in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2024 +686.2% 0.0312 approx. -2.5 to +2.5 0.2451 approx. -2.5 to +2.5

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.0942 approx. -2.5 to +2.5 -0.3602 approx. -2.5 to +2.5 0.1717 approx. -2.5 to +2.5 2
2000s -0.0669 approx. -2.5 to +2.5 -0.2413 approx. -2.5 to +2.5 0.0974 approx. -2.5 to +2.5 9
2010s 0.2805 approx. -2.5 to +2.5 0.1224 approx. -2.5 to +2.5 0.4972 approx. -2.5 to +2.5 10
2020s 0.1516 approx. -2.5 to +2.5 0.0312 approx. -2.5 to +2.5 0.2451 approx. -2.5 to +2.5 5

Countries ranked near Panama

  1. 81 Moldova 0.2576 approx. -2.5 to +2.5 compare
  2. 82 Thailand 0.2536 approx. -2.5 to +2.5 compare
  3. 84 Senegal 0.2344 approx. -2.5 to +2.5 compare
  4. 85 Jordan 0.2162 approx. -2.5 to +2.5 compare
  5. 86 Greece 0.1913 approx. -2.5 to +2.5 compare

See the full ranking of 206 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government effectiveness - governance estimate in Panama?
Government effectiveness - governance estimate in Panama was 0.2451 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest government effectiveness - governance estimate recorded in Panama?
The highest recorded value was 0.4972 approx. -2.5 to +2.5 in 2019.
What is the lowest government effectiveness - governance estimate recorded in Panama?
The lowest recorded value was -0.3602 approx. -2.5 to +2.5 in 1996.
How does Panama rank for government effectiveness - governance estimate?
Panama ranks 83rd out of 206 countries with data for 2024.
Is government effectiveness - governance estimate rising or falling in Panama?
Over the last ten years it is up 8.4%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Government Effectiveness - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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Government Effectiveness - Governance estimate in Panama. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/government-effectiveness-governance-estimate-approx-2-5-to-2-5-2/panama/

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About this data

Indicator
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 5,187 data points, 1996–2024
Last refreshed