Government Effectiveness - Governance estimate (approx. -2.5 to) in Panama

Panama: Government Effectiveness - Governance estimate (approx. -2.5 to) was 0 approx. -2.5 to +2.5 per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0 approx. -2.5 to +2.5 per US$ of GDP
Change on year
up 661.5%
World rank
65th
of 204 countries
All-time high
0 approx. -2.5 to +2.5 per US$ of GDP
in 1998
All-time low
-0 approx. -2.5 to +2.5 per US$ of GDP
in 1996
Years of data
26
1996–2024

Government Effectiveness - Governance estimate (approx. -2.5 to) in Panama, 1996–2024

-0-0001996201020241996: -0 approx. -2.5 to +2.5 per US$ of GDP1998: 0 approx. -2.5 to +2.5 per US$ of GDP2000: -0 approx. -2.5 to +2.5 per US$ of GDP2002: -0 approx. -2.5 to +2.5 per US$ of GDP2003: -0 approx. -2.5 to +2.5 per US$ of GDP2004: -0 approx. -2.5 to +2.5 per US$ of GDP2005: -0 approx. -2.5 to +2.5 per US$ of GDP2006: -0 approx. -2.5 to +2.5 per US$ of GDP2007: 0 approx. -2.5 to +2.5 per US$ of GDP2008: 0 approx. -2.5 to +2.5 per US$ of GDP2009: 0 approx. -2.5 to +2.5 per US$ of GDP2010: 0 approx. -2.5 to +2.5 per US$ of GDP2011: 0 approx. -2.5 to +2.5 per US$ of GDP2012: 0 approx. -2.5 to +2.5 per US$ of GDP2013: 0 approx. -2.5 to +2.5 per US$ of GDP2014: 0 approx. -2.5 to +2.5 per US$ of GDP2015: 0 approx. -2.5 to +2.5 per US$ of GDP2016: 0 approx. -2.5 to +2.5 per US$ of GDP2017: 0 approx. -2.5 to +2.5 per US$ of GDP2018: 0 approx. -2.5 to +2.5 per US$ of GDP2019: 0 approx. -2.5 to +2.5 per US$ of GDP2020: 0 approx. -2.5 to +2.5 per US$ of GDP2021: 0 approx. -2.5 to +2.5 per US$ of GDP2022: 0 approx. -2.5 to +2.5 per US$ of GDP2023: 0 approx. -2.5 to +2.5 per US$ of GDP2024: 0 approx. -2.5 to +2.5 per US$ of GDP

Source: Statizoid (derived). Measured in approx. -2.5 to +2.5 per US$ of GDP.

Analysis

The most recent figure for government effectiveness - governance estimate (approx. -2.5 to) in Panama is 0 approx. -2.5 to +2.5 per US$ of GDP, measured in 2024.

Compared with earlier readings it is up 661.5% on the previous year and down 35.6% over ten years.

Over the whole period, government effectiveness - governance estimate (approx. -2.5 to) in Panama peaked at 0 approx. -2.5 to +2.5 per US$ of GDP in 1998 and was at its lowest, -0 approx. -2.5 to +2.5 per US$ of GDP, in 1996.

Panama ranks 65th of 204 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 (approx. -2.5 to) in Panama, year by year

Annual values for Government Effectiveness - Governance estimate (approx. -2.5 to +2.5), per unit of GDP in Panama, 1996 to 2024.
Year approx. -2.5 to +2.5 per US$ of GDP Change
1996 -0 approx. -2.5 to +2.5 per US$ of GDP —
1998 0 approx. -2.5 to +2.5 per US$ of GDP -139.8%
2000 -0 approx. -2.5 to +2.5 per US$ of GDP -129.5%
2002 -0 approx. -2.5 to +2.5 per US$ of GDP +238.0%
2003 -0 approx. -2.5 to +2.5 per US$ of GDP +14.0%
2004 -0 approx. -2.5 to +2.5 per US$ of GDP -49.4%
2005 -0 approx. -2.5 to +2.5 per US$ of GDP -22.0%
2006 -0 approx. -2.5 to +2.5 per US$ of GDP -67.9%
2007 0 approx. -2.5 to +2.5 per US$ of GDP -224.5%
2008 0 approx. -2.5 to +2.5 per US$ of GDP -59.1%
2009 0 approx. -2.5 to +2.5 per US$ of GDP +206.3%
2010 0 approx. -2.5 to +2.5 per US$ of GDP +15.5%
2011 0 approx. -2.5 to +2.5 per US$ of GDP -13.3%
2012 0 approx. -2.5 to +2.5 per US$ of GDP +58.6%
2013 0 approx. -2.5 to +2.5 per US$ of GDP -18.0%
2014 0 approx. -2.5 to +2.5 per US$ of GDP -3.7%
2015 0 approx. -2.5 to +2.5 per US$ of GDP +30.9%
2016 0 approx. -2.5 to +2.5 per US$ of GDP +15.5%
2017 0 approx. -2.5 to +2.5 per US$ of GDP -19.7%
2018 0 approx. -2.5 to +2.5 per US$ of GDP -9.3%
2019 0 approx. -2.5 to +2.5 per US$ of GDP +47.2%
2020 0 approx. -2.5 to +2.5 per US$ of GDP -43.1%
2021 0 approx. -2.5 to +2.5 per US$ of GDP -23.1%
2022 0 approx. -2.5 to +2.5 per US$ of GDP -83.3%
2023 0 approx. -2.5 to +2.5 per US$ of GDP -28.7%
2024 0 approx. -2.5 to +2.5 per US$ of GDP +661.5%

Panama compared with similar countries

  • Panama's 0 approx. -2.5 to +2.5 per US$ of GDP is below the median for high income countries, which is 0 approx. -2.5 to +2.5 per US$ of GDP, 65% of the median. (73 countries reporting)
  • Panama's 0 approx. -2.5 to +2.5 per US$ of GDP is above the median for Latin America & Caribbean, which is 0 approx. -2.5 to +2.5 per US$ of GDP, 9.8× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Government Effectiveness - Governance estimate (approx. -2.5 to) 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 +661.5% 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 2
2000s -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 9
2010s 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 10
2020s 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 5

Countries ranked near Panama

  1. 62 Costa Rica 0 approx. -2.5 to +2.5 per US$ of GDP compare
  2. 63 Sweden 0 approx. -2.5 to +2.5 per US$ of GDP compare
  3. 64 Chile 0 approx. -2.5 to +2.5 per US$ of GDP compare
  4. 66 Austria 0 approx. -2.5 to +2.5 per US$ of GDP compare
  5. 67 Ireland 0 approx. -2.5 to +2.5 per US$ of GDP compare
  6. 68 United Arab Emirates 0 approx. -2.5 to +2.5 per US$ of GDP compare

See the full ranking of 204 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government effectiveness - governance estimate (approx. -2.5 to) in Panama?
Government effectiveness - governance estimate (approx. -2.5 to) in Panama was 0 approx. -2.5 to +2.5 per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest government effectiveness - governance estimate (approx. -2.5 to) recorded in Panama?
The highest recorded value was 0 approx. -2.5 to +2.5 per US$ of GDP in 1998.
What is the lowest government effectiveness - governance estimate (approx. -2.5 to) recorded in Panama?
The lowest recorded value was -0 approx. -2.5 to +2.5 per US$ of GDP in 1996.
How does Panama rank for government effectiveness - governance estimate (approx. -2.5 to)?
Panama ranks 65th out of 204 countries with data for 2024.
Is government effectiveness - governance estimate (approx. -2.5 to) rising or falling in Panama?
Over the last ten years it is down 35.6%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Government Effectiveness - Governance estimate (approx. -2.5 to +2.5), per unit of GDP. Statizoid updates them automatically from the source API.

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Government Effectiveness - Governance estimate (approx. -2.5 to) in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/government-effectiveness-governance-estimate-approx-2-5-to-2-5-per-unit-of-gdp/panama/

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How this figure is calculated

Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5), per unit of GDP
Unit
approx. -2.5 to +2.5 per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 5,080 data points, 1996–2024
Last refreshed

Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.