Regulatory Quality - Governance score in Panama

Panama: Regulatory Quality - Governance score was 53.7 0-100 in 2024. ▼ Falling

Latest (2024)
53.7 0-100
Change on year
down 2.8%
World rank
100th
of 205 countries
All-time high
64.32 0-100
in 1998
All-time low
53.7 0-100
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance score in Panama, 1996–2024

02040601996201020241996: 57.7 0-1001998: 64.3 0-1002000: 63.1 0-1002002: 61.8 0-1002003: 59.1 0-1002004: 58.7 0-1002005: 59.8 0-1002006: 59.9 0-1002007: 61.2 0-1002008: 63.4 0-1002009: 61.4 0-1002010: 62.8 0-1002011: 63.4 0-1002012: 62.3 0-1002013: 61.5 0-1002014: 60.9 0-1002015: 61.5 0-1002016: 61.5 0-1002017: 60.2 0-1002018: 59.8 0-1002019: 59.9 0-1002020: 59.1 0-1002021: 58.2 0-1002022: 55.5 0-1002023: 55.2 0-1002024: 53.7 0-100

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in 0-100.

Analysis

Panama recorded 53.7 0-100 for regulatory quality - governance score in 2024. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 2.8% on the previous year and down 11.9% over ten years.

Over the whole period, regulatory quality - governance score in Panama peaked at 64.32 0-100 in 1998 and was at its lowest, 53.7 0-100, in 2024.

Panama ranks 100th of 205 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 score in Panama, year by year

Annual values for Regulatory Quality - Governance score (0-100) in Panama, 1996 to 2024.
Year 0-100 Change
1996 57.66 0-100
1998 64.32 0-100 +11.6%
2000 63.08 0-100 -1.9%
2002 61.81 0-100 -2.0%
2003 59.1 0-100 -4.4%
2004 58.68 0-100 -0.7%
2005 59.8 0-100 +1.9%
2006 59.87 0-100 +0.1%
2007 61.25 0-100 +2.3%
2008 63.43 0-100 +3.6%
2009 61.44 0-100 -3.1%
2010 62.76 0-100 +2.1%
2011 63.43 0-100 +1.1%
2012 62.31 0-100 -1.8%
2013 61.5 0-100 -1.3%
2014 60.95 0-100 -0.9%
2015 61.51 0-100 +0.9%
2016 61.46 0-100 -0.1%
2017 60.24 0-100 -2.0%
2018 59.81 0-100 -0.7%
2019 59.89 0-100 +0.1%
2020 59.12 0-100 -1.3%
2021 58.2 0-100 -1.6%
2022 55.48 0-100 -4.7%
2023 55.23 0-100 -0.5%
2024 53.7 0-100 -2.8%

Panama compared with similar countries

  • Panama's 53.7 0-100 is below the median for high income countries, which is 69.85 0-100, 77% of the median. (73 countries reporting)
  • Panama's 53.7 0-100 is above the median for Latin America & Caribbean, which is 53.7 0-100, 1.0× the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.99 0-100 57.66 0-100 64.32 0-100 2
2000s 60.94 0-100 58.68 0-100 63.43 0-100 9
2010s 61.39 0-100 59.81 0-100 63.43 0-100 10
2020s 56.34 0-100 53.7 0-100 59.12 0-100 5

Countries ranked near Panama

  1. 97 South Africa 53.91 0-100 compare
  2. 98 Mongolia 53.75 0-100 compare
  3. 99 China 53.74 0-100 compare
  4. 101 Ghana 53.45 0-100 compare
  5. 102 Bhutan 53.42 0-100 compare
  6. 103 India 53.35 0-100 compare

See the full ranking of 205 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is regulatory quality - governance score in Panama?
Regulatory quality - governance score in Panama was 53.7 0-100 in 2024, 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 score recorded in Panama?
The highest recorded value was 64.32 0-100 in 1998.
What is the lowest regulatory quality - governance score recorded in Panama?
The lowest recorded value was 53.7 0-100 in 2024.
How does Panama rank for regulatory quality - governance score?
Panama ranks 100th out of 205 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Panama?
Over the last ten years it is down 11.9%. The long-run trend across the full record is falling.
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 score (0-100). 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).

Share, cite or embed this page

Cite this page

Regulatory Quality - Governance score in Panama. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 23 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-score-0-100/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-score-0-100/panama/">Regulatory Quality - Governance score in Panama</a> — Statizoid

About this data

Indicator
Regulatory Quality - Governance score (0-100)
Unit
0-100
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
205 places, 5,160 data points, 1996–2024
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 score is a linear transformation of the governance estimate using hypothetical worst-case and base-case countries. It is an absolute score ranging from 0-100. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) confidence intervals (lower and upper bound). The number of sources indicates the number of underlying data sources on which the governance score (respectively the underlying governance estimate) is based. The confidence intervals include the lower and upper bound of the 90% confidence interval for the governance score. Confidence intervals are a statistical range of values that likely contain the true value (of what is being estimated).