Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Panama

Panama: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) was -0.1213 approx. -2.5 to +2.5 in 2025. ◆ Volatile

Latest (2025)
-0.1213 approx. -2.5 to +2.5
Change on year
down 35.8%
World rank
105th
of 206 countries
All-time high
0.5503 approx. -2.5 to +2.5
in 1998
All-time low
-0.1213 approx. -2.5 to +2.5
in 2025
Years of data
27
1996–2025

Regulatory Quality - Governance estimate in Panama, 1996–2025

-0.200.20.40.61996201020251996: 0.192 approx. -2.5 to +2.51998: 0.55 approx. -2.5 to +2.52000: 0.486 approx. -2.5 to +2.52002: 0.407 approx. -2.5 to +2.52003: 0.258 approx. -2.5 to +2.52004: 0.222 approx. -2.5 to +2.52005: 0.306 approx. -2.5 to +2.52006: 0.31 approx. -2.5 to +2.52007: 0.384 approx. -2.5 to +2.52008: 0.499 approx. -2.5 to +2.52009: 0.39 approx. -2.5 to +2.52010: 0.456 approx. -2.5 to +2.52011: 0.542 approx. -2.5 to +2.52012: 0.478 approx. -2.5 to +2.52013: 0.439 approx. -2.5 to +2.52014: 0.409 approx. -2.5 to +2.52015: 0.428 approx. -2.5 to +2.52016: 0.419 approx. -2.5 to +2.52017: 0.355 approx. -2.5 to +2.52018: 0.351 approx. -2.5 to +2.52019: 0.359 approx. -2.5 to +2.52020: 0.3 approx. -2.5 to +2.52021: 0.247 approx. -2.5 to +2.52022: 0.086 approx. -2.5 to +2.52023: 0.027 approx. -2.5 to +2.52024: -0.089 approx. -2.5 to +2.52025: -0.121 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

The most recent figure for regulatory quality - governance estimate in Panama is -0.1213 approx. -2.5 to +2.5, measured in 2025. That is the lowest value across all 27 years on record.

The figure is down 35.8% on the previous year and down 128.3% over ten years.

Over the whole period, regulatory quality - governance estimate in Panama peaked at 0.5503 approx. -2.5 to +2.5 in 1998 and was at its lowest, -0.1213 approx. -2.5 to +2.5, in 2025.

That places Panama 105th out of 206 countries with data for 2025, putting it in the middle of the range.

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

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Panama, year by year

Annual values for Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Panama, 1996 to 2025.
Year approx. -2.5 to +2.5 Change
1996 0.1917 approx. -2.5 to +2.5 —
1998 0.5503 approx. -2.5 to +2.5 +187.0%
2000 0.4859 approx. -2.5 to +2.5 -11.7%
2002 0.4069 approx. -2.5 to +2.5 -16.3%
2003 0.2582 approx. -2.5 to +2.5 -36.6%
2004 0.2223 approx. -2.5 to +2.5 -13.9%
2005 0.306 approx. -2.5 to +2.5 +37.7%
2006 0.3099 approx. -2.5 to +2.5 +1.3%
2007 0.3841 approx. -2.5 to +2.5 +23.9%
2008 0.4991 approx. -2.5 to +2.5 +29.9%
2009 0.3896 approx. -2.5 to +2.5 -21.9%
2010 0.4562 approx. -2.5 to +2.5 +17.1%
2011 0.5416 approx. -2.5 to +2.5 +18.7%
2012 0.4785 approx. -2.5 to +2.5 -11.6%
2013 0.4389 approx. -2.5 to +2.5 -8.3%
2014 0.4093 approx. -2.5 to +2.5 -6.7%
2015 0.4282 approx. -2.5 to +2.5 +4.6%
2016 0.4191 approx. -2.5 to +2.5 -2.1%
2017 0.3545 approx. -2.5 to +2.5 -15.4%
2018 0.3508 approx. -2.5 to +2.5 -1.1%
2019 0.3586 approx. -2.5 to +2.5 +2.2%
2020 0.2995 approx. -2.5 to +2.5 -16.5%
2021 0.2472 approx. -2.5 to +2.5 -17.5%
2022 0.0861 approx. -2.5 to +2.5 -65.2%
2023 0.027 approx. -2.5 to +2.5 -68.6%
2024 -0.0893 approx. -2.5 to +2.5 -430.6%
2025 -0.1213 approx. -2.5 to +2.5 +35.8%

Panama compared with similar countries

  • Panama's -0.1213 approx. -2.5 to +2.5 is below the median for high income countries, which is 0.9078 approx. -2.5 to +2.5. (74 countries reporting)
  • Panama's -0.1213 approx. -2.5 to +2.5 is below the median for Latin America & Caribbean, which is -0.0884 approx. -2.5 to +2.5, 1.4× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) 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 -430.6% 0.027 approx. -2.5 to +2.5 -0.0893 approx. -2.5 to +2.5
1998 +187.0% 0.1917 approx. -2.5 to +2.5 0.5503 approx. -2.5 to +2.5

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.371 approx. -2.5 to +2.5 0.1917 approx. -2.5 to +2.5 0.5503 approx. -2.5 to +2.5 2
2000s 0.3624 approx. -2.5 to +2.5 0.2223 approx. -2.5 to +2.5 0.4991 approx. -2.5 to +2.5 9
2010s 0.4236 approx. -2.5 to +2.5 0.3508 approx. -2.5 to +2.5 0.5416 approx. -2.5 to +2.5 10
2020s 0.0749 approx. -2.5 to +2.5 -0.1213 approx. -2.5 to +2.5 0.2995 approx. -2.5 to +2.5 6

Countries ranked near Panama

  1. 102 Argentina -0.0934 approx. -2.5 to +2.5 compare
  2. 103 Bhutan -0.0934 approx. -2.5 to +2.5 compare
  3. 104 China -0.1108 approx. -2.5 to +2.5 compare
  4. 106 Vietnam -0.1402 approx. -2.5 to +2.5 compare
  5. 107 El Salvador -0.1415 approx. -2.5 to +2.5 compare
  6. 108 Cote d'Ivoire -0.167 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 -0.1213 approx. -2.5 to +2.5 in 2025, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
What is the highest regulatory quality - governance estimate recorded in Panama?
The highest recorded value was 0.5503 approx. -2.5 to +2.5 in 1998.
What is the lowest regulatory quality - governance estimate recorded in Panama?
The lowest recorded value was -0.1213 approx. -2.5 to +2.5 in 2025.
How does Panama rank for regulatory quality - governance estimate?
Panama ranks 105th out of 206 countries with data for 2025.
Is regulatory quality - governance estimate rising or falling in Panama?
Over the last ten years it is down 128.3%. 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 Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Regulatory Quality - Governance estimate in Panama. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 13 November 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/panama/">Regulatory Quality - Governance estimate in Panama</a> — Statizoid

About this data

Indicator
Regulatory Quality - 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
206 places, 5,391 data points, 1996–2025
Last refreshed

Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. 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.