Resolving insolvency: Cost in Panama

Panama: Resolving insolvency: Cost was 25.0% in 2019. ▬ Flat

Latest (2019)
25.0%
Change on year
unchanged
World rank
20th
of 167 countries
All-time high
25.0%
in 2003
All-time low
25.0%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Panama, 2003–2019

05101520252003201120192003: 25 % of estate2004: 25 % of estate2005: 25 % of estate2006: 25 % of estate2007: 25 % of estate2008: 25 % of estate2009: 25 % of estate2010: 25 % of estate2011: 25 % of estate2012: 25 % of estate2013: 25 % of estate2014: 25 % of estate2015: 25 % of estate2016: 25 % of estate2017: 25 % of estate2018: 25 % of estate2019: 25 % of estate

Source: World Bank. Measured in % of estate.

Analysis

Panama recorded 25.0% for resolving insolvency: cost in 2019. That is the highest value across all 17 years on record.

The figure is unchanged over ten years.

Over the whole period, resolving insolvency: cost in Panama peaked at 25.0% in 2003 and was at its lowest, 25.0%, in 2003.

That places Panama 20th out of 167 countries with data for 2019, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.0% 25.0% 25.0% 7
2010s 25.0% 25.0% 25.0% 10

Countries ranked near Panama

  1. 17 Uganda 29.5% compare
  2. 18 Rwanda 29.0% compare
  3. 19 Guyana 28.5% compare
  4. 20 Afghanistan, Islamic Republic of 25.0% compare
  5. 20 Congo, Republic of 25.0% compare
  6. 20 Malawi 25.0% compare
  7. 20 Trinidad and Tobago 25.0% compare

See the full ranking of 167 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is resolving insolvency: cost in Panama?
Resolving insolvency: cost in Panama was 25.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Panama?
The highest recorded value was 25.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Panama?
The lowest recorded value was 25.0% in 2003.
How does Panama rank for resolving insolvency: cost?
Panama ranks 20th out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Panama?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Cost (% of estate). Statizoid updates them automatically from the source API.

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Resolving insolvency: Cost in Panama. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/panama/

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About this data

Indicator
Resolving insolvency: Cost (% of estate)
Unit
% of estate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 2,736 data points, 2003–2019
Last refreshed

The cost to resolve insolvency is the cost of the proceedings is recorded as a percentage of the value of the debtor’s estate, including court fees and government levies, fees of insolvency administrators, auctioneers, assessors and lawyers, and all other fees and costs.