Government Effectiveness - Standard error of the governance estimate in Panama

Panama: Government Effectiveness - Standard error of the governance estimate was 0.2386 in 2024. ▼ Falling

Latest (2024)
0.2386
Change on year
unchanged
World rank
56th
of 204 countries
All-time high
0.2998
in 1996
All-time low
0.2386
in 2022
Years of data
26
1996–2024

Government Effectiveness - Standard error of the governance estimate in Panama, 1996–2024

00.10.20.31996201020241996: 0.31998: 0.32000: 0.2722002: 0.2722003: 0.2722004: 0.2422005: 0.2422006: 0.2392007: 0.2392008: 0.2392009: 0.2392010: 0.2392011: 0.2392012: 0.2392013: 0.2392014: 0.2392015: 0.2392016: 0.252017: 0.252018: 0.252019: 0.252020: 0.252021: 0.252022: 0.2392023: 0.2392024: 0.239

Source: World Bank.

Analysis

In 2024, government effectiveness - standard error of the governance estimate in Panama stood at 0.2386. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 0.3% over ten years.

Over the whole period, government effectiveness - standard error of the governance estimate in Panama peaked at 0.2998 in 1996 and was at its lowest, 0.2386, in 2022.

Panama ranks 56th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2998 0.2998 0.2998 2
2000s 0.2509 0.2394 0.2718 9
2010s 0.2438 0.2394 0.2504 10
2020s 0.2433 0.2386 0.2504 5

Countries ranked near Panama

  1. 53 Hong Kong 0.2476 compare
  2. 54 Myanmar 0.2415 compare
  3. 55 Iran 0.2393 compare
  4. 56 Dominican Republic 0.2386 compare
  5. 56 Guatemala 0.2386 compare
  6. 59 Armenia 0.2379 compare
  7. 59 Azerbaijan 0.2379 compare
  8. 59 Jamaica 0.2379 compare
  9. 59 Trinidad and Tobago 0.2379 compare

See the full ranking of 205 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government effectiveness - standard error of the governance estimate in Panama?
Government effectiveness - standard error of the governance estimate in Panama was 0.2386 in 2024, according to the World Bank.
What is the highest government effectiveness - standard error of the governance estimate recorded in Panama?
The highest recorded value was 0.2998 in 1996.
What is the lowest government effectiveness - standard error of the governance estimate recorded in Panama?
The lowest recorded value was 0.2386 in 2022.
How does Panama rank for government effectiveness - standard error of the governance estimate?
Panama ranks 56th out of 204 countries with data for 2024.
Is government effectiveness - standard error of the governance estimate rising or falling in Panama?
Over the last ten years it is down 0.3%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Government Effectiveness - Standard error of the governance estimate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Government Effectiveness - Standard error of the governance estimate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,168 data points, 1996–2024
Last refreshed