Resolving insolvency - Score in Panama

Panama: Resolving insolvency - Score was 39.53 in 2019. ▲ Rising

Latest (2019)
39.53
Change on year
down 0.2%
World rank
114th
of 191 countries
All-time high
39.59
in 2018
All-time low
29.36
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Panama, 2003–2019

0102030402003201120192003: 29.42004: 29.42005: 29.82006: 29.92007: 29.92008: 302009: 302010: 302011: 30.42012: 30.42013: 30.42014: 30.52015: 30.52016: 30.22017: 39.62018: 39.62019: 39.5

Source: World Bank.

Analysis

Panama recorded 39.53 for resolving insolvency - score in 2019.

Compared with earlier readings it is down 0.2% on the previous year and up 31.9% over ten years.

Over the whole period, resolving insolvency - score in Panama peaked at 39.59 in 2018 and was at its lowest, 29.36, in 2003.

That places Panama 114th out of 191 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Resolving insolvency - Score in Panama, year by year

Annual values for Resolving insolvency - Score in Panama, 2003 to 2019.
Year Value Change
2003 29.36 —
2004 29.43 +0.3%
2005 29.78 +1.2%
2006 29.93 +0.5%
2007 29.95 +0.1%
2008 29.97 +0.1%
2009 29.97 +0.0%
2010 29.97 +0.0%
2011 30.36 +1.3%
2012 30.43 +0.2%
2013 30.43 -0.0%
2014 30.54 +0.4%
2015 30.45 -0.3%
2016 30.24 -0.7%
2017 39.59 +30.9%
2018 39.59 +0.0%
2019 39.53 -0.2%

Panama compared with similar countries

  • Panama's 39.53 is below the median for high income countries, which is 64.05, 62% of the median. (62 countries reporting)
  • Panama's 39.53 is below the median for Latin America & Caribbean, which is 40.03, 99% of the median. (33 countries reporting)

Biggest year-on-year movements

Years where Resolving insolvency - Score 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
2017 +30.9% 30.24 39.59

Averages by decade

DecadeAverage LowestHighest Years
2000s 29.77 29.36 29.97 7
2010s 33.11 29.97 39.59 10

Countries ranked near Panama

  1. 111 Liberia 40.62 compare
  2. 112 Argentina 40.03 compare
  3. 113 Jordan 39.69 compare
  4. 115 Niger 39.35 compare
  5. 116 Kuwait 39.2 compare
  6. 117 Tanzania 39.1 compare

See the full ranking of 191 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is resolving insolvency - score in Panama?
Resolving insolvency - score in Panama was 39.53 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Panama?
The highest recorded value was 39.59 in 2018.
What is the lowest resolving insolvency - score recorded in Panama?
The lowest recorded value was 29.36 in 2003.
How does Panama rank for resolving insolvency - score?
Panama ranks 114th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Panama?
Over the last ten years it is up 31.9%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Resolving insolvency - Score. Statizoid updates them automatically from the source API.

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About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 data points, 2003–2019
Last refreshed

The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.