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
82nd
of 204 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: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). 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.

That represents a change of 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.

That places Panama 82nd out of 204 countries with data for 2024, putting it in the middle of the range.

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

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. 80 Moldova 0.2576 approx. -2.5 to +2.5 compare
  2. 81 Thailand 0.2536 approx. -2.5 to +2.5 compare
  3. 83 Senegal 0.2344 approx. -2.5 to +2.5 compare
  4. 84 Jordan 0.2162 approx. -2.5 to +2.5 compare
  5. 85 Greece 0.1913 approx. -2.5 to +2.5 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 in Panama?
Government effectiveness - governance estimate in Panama was 0.2451 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
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 82nd out of 204 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 Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), 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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About this data

Indicator
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,142 data points, 1996–2024
Last refreshed

Government Effectiveness (GE) captures perceptions of the quality of public services, the civil service, policy formulation and implementation, and the credibility of a government’s decisions. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.