Regulatory Quality - Governance estimate in Panama

Panama: Regulatory Quality - Governance estimate was -0.0738 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
-0.0738 approx. -2.5 to +2.5
Change on year
down 420.2%
World rank
101st
of 206 countries
All-time high
0.5995 approx. -2.5 to +2.5
in 1998
All-time low
-0.0738 approx. -2.5 to +2.5
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Panama, 1996–2024

00.20.40.61996201020241996: 0.177 approx. -2.5 to +2.51998: 0.599 approx. -2.5 to +2.52000: 0.521 approx. -2.5 to +2.52002: 0.44 approx. -2.5 to +2.52003: 0.268 approx. -2.5 to +2.52004: 0.242 approx. -2.5 to +2.52005: 0.313 approx. -2.5 to +2.52006: 0.318 approx. -2.5 to +2.52007: 0.405 approx. -2.5 to +2.52008: 0.543 approx. -2.5 to +2.52009: 0.417 approx. -2.5 to +2.52010: 0.5 approx. -2.5 to +2.52011: 0.543 approx. -2.5 to +2.52012: 0.472 approx. -2.5 to +2.52013: 0.421 approx. -2.5 to +2.52014: 0.386 approx. -2.5 to +2.52015: 0.421 approx. -2.5 to +2.52016: 0.418 approx. -2.5 to +2.52017: 0.341 approx. -2.5 to +2.52018: 0.314 approx. -2.5 to +2.52019: 0.319 approx. -2.5 to +2.52020: 0.27 approx. -2.5 to +2.52021: 0.211 approx. -2.5 to +2.52022: 0.039 approx. -2.5 to +2.52023: 0.023 approx. -2.5 to +2.52024: -0.074 approx. -2.5 to +2.5

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

Analysis

The most recent figure for regulatory quality - governance estimate in Panama is -0.0738 approx. -2.5 to +2.5, measured in 2024. That is the lowest value across all 26 years on record.

The figure is down 420.2% on the previous year and down 119.1% over ten years.

Over the whole period, regulatory quality - governance estimate in Panama peaked at 0.5995 approx. -2.5 to +2.5 in 1998 and was at its lowest, -0.0738 approx. -2.5 to +2.5, in 2024.

Panama ranks 101st of 206 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.

Regulatory Quality - Governance estimate in Panama, year by year

Annual values for Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Panama, 1996 to 2024.
Year approx. -2.5 to +2.5 Change
1996 0.1771 approx. -2.5 to +2.5
1998 0.5995 approx. -2.5 to +2.5 +238.6%
2000 0.5209 approx. -2.5 to +2.5 -13.1%
2002 0.4404 approx. -2.5 to +2.5 -15.4%
2003 0.2684 approx. -2.5 to +2.5 -39.1%
2004 0.2422 approx. -2.5 to +2.5 -9.7%
2005 0.3129 approx. -2.5 to +2.5 +29.2%
2006 0.3178 approx. -2.5 to +2.5 +1.6%
2007 0.4048 approx. -2.5 to +2.5 +27.4%
2008 0.5433 approx. -2.5 to +2.5 +34.2%
2009 0.417 approx. -2.5 to +2.5 -23.2%
2010 0.5004 approx. -2.5 to +2.5 +20.0%
2011 0.5429 approx. -2.5 to +2.5 +8.5%
2012 0.4724 approx. -2.5 to +2.5 -13.0%
2013 0.4206 approx. -2.5 to +2.5 -11.0%
2014 0.3859 approx. -2.5 to +2.5 -8.2%
2015 0.4213 approx. -2.5 to +2.5 +9.2%
2016 0.4184 approx. -2.5 to +2.5 -0.7%
2017 0.3409 approx. -2.5 to +2.5 -18.5%
2018 0.3137 approx. -2.5 to +2.5 -8.0%
2019 0.319 approx. -2.5 to +2.5 +1.7%
2020 0.2697 approx. -2.5 to +2.5 -15.5%
2021 0.2114 approx. -2.5 to +2.5 -21.6%
2022 0.0394 approx. -2.5 to +2.5 -81.4%
2023 0.023 approx. -2.5 to +2.5 -41.5%
2024 -0.0738 approx. -2.5 to +2.5 -420.2%

Panama compared with similar countries

  • Panama's -0.0738 approx. -2.5 to +2.5 is below the median for high income countries, which is 0.9583 approx. -2.5 to +2.5. (74 countries reporting)
  • Panama's -0.0738 approx. -2.5 to +2.5 is above the median for Latin America & Caribbean, which is -0.0738 approx. -2.5 to +2.5, 1.0× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Regulatory Quality - 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 -420.2% 0.023 approx. -2.5 to +2.5 -0.0738 approx. -2.5 to +2.5
1998 +238.6% 0.1771 approx. -2.5 to +2.5 0.5995 approx. -2.5 to +2.5

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3883 approx. -2.5 to +2.5 0.1771 approx. -2.5 to +2.5 0.5995 approx. -2.5 to +2.5 2
2000s 0.3853 approx. -2.5 to +2.5 0.2422 approx. -2.5 to +2.5 0.5433 approx. -2.5 to +2.5 9
2010s 0.4135 approx. -2.5 to +2.5 0.3137 approx. -2.5 to +2.5 0.5429 approx. -2.5 to +2.5 10
2020s 0.094 approx. -2.5 to +2.5 -0.0738 approx. -2.5 to +2.5 0.2697 approx. -2.5 to +2.5 5

Countries ranked near Panama

  1. 98 South Africa -0.0601 approx. -2.5 to +2.5 compare
  2. 99 Mongolia -0.0707 approx. -2.5 to +2.5 compare
  3. 100 China -0.0713 approx. -2.5 to +2.5 compare
  4. 102 Ghana -0.0899 approx. -2.5 to +2.5 compare
  5. 103 Bhutan -0.0913 approx. -2.5 to +2.5 compare
  6. 104 India -0.0961 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 regulatory quality - governance estimate in Panama?
Regulatory quality - governance estimate in Panama was -0.0738 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest regulatory quality - governance estimate recorded in Panama?
The highest recorded value was 0.5995 approx. -2.5 to +2.5 in 1998.
What is the lowest regulatory quality - governance estimate recorded in Panama?
The lowest recorded value was -0.0738 approx. -2.5 to +2.5 in 2024.
How does Panama rank for regulatory quality - governance estimate?
Panama ranks 101st out of 206 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Panama?
Over the last ten years it is down 119.1%. 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 Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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Regulatory Quality - Governance estimate in Panama. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5-2/panama/

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About this data

Indicator
Regulatory Quality - 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, 5,186 data points, 1996–2024
Last refreshed