Rule of Law - Governance estimate in Panama

Panama: Rule of Law - Governance estimate was -0.2634 approx. -2.5 to +2.5 in 2024. β—† Volatile

Latest (2024)
-0.2634 approx. -2.5 to +2.5
Change on year
down 15.6%
World rank
115th
of 206 countries
All-time high
-0.0126 approx. -2.5 to +2.5
in 2004
All-time low
-0.2985 approx. -2.5 to +2.5
in 2013
Years of data
26
1996–2024

Rule of Law - Governance estimate in Panama, 1996–2024

-0.3-0.2-0.1-01996201020241996: -0.215 approx. -2.5 to +2.51998: -0.215 approx. -2.5 to +2.52000: -0.296 approx. -2.5 to +2.52002: -0.091 approx. -2.5 to +2.52003: -0.087 approx. -2.5 to +2.52004: -0.013 approx. -2.5 to +2.52005: -0.077 approx. -2.5 to +2.52006: -0.061 approx. -2.5 to +2.52007: -0.024 approx. -2.5 to +2.52008: -0.081 approx. -2.5 to +2.52009: -0.112 approx. -2.5 to +2.52010: -0.125 approx. -2.5 to +2.52011: -0.033 approx. -2.5 to +2.52012: -0.277 approx. -2.5 to +2.52013: -0.299 approx. -2.5 to +2.52014: -0.142 approx. -2.5 to +2.52015: -0.17 approx. -2.5 to +2.52016: -0.136 approx. -2.5 to +2.52017: -0.16 approx. -2.5 to +2.52018: -0.252 approx. -2.5 to +2.52019: -0.279 approx. -2.5 to +2.52020: -0.24 approx. -2.5 to +2.52021: -0.23 approx. -2.5 to +2.52022: -0.215 approx. -2.5 to +2.52023: -0.228 approx. -2.5 to +2.52024: -0.263 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 rule of law - governance estimate in Panama is -0.2634 approx. -2.5 to +2.5, measured in 2024.

That represents a change of down 15.6% on the previous year and down 85.0% over ten years.

Over the whole period, rule of law - governance estimate in Panama peaked at -0.0126 approx. -2.5 to +2.5 in 2004 and was at its lowest, -0.2985 approx. -2.5 to +2.5, in 2013.

Panama ranks 115th of 206 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.2149 approx. -2.5 to +2.5 -0.2149 approx. -2.5 to +2.5 -0.2149 approx. -2.5 to +2.5 2
2000s -0.0936 approx. -2.5 to +2.5 -0.2964 approx. -2.5 to +2.5 -0.0126 approx. -2.5 to +2.5 9
2010s -0.1871 approx. -2.5 to +2.5 -0.2985 approx. -2.5 to +2.5 -0.0333 approx. -2.5 to +2.5 10
2020s -0.2352 approx. -2.5 to +2.5 -0.2634 approx. -2.5 to +2.5 -0.2147 approx. -2.5 to +2.5 5

Countries ranked near Panama

  1. 112 North Macedonia -0.2249 approx. -2.5 to +2.5 compare
  2. 113 Argentina -0.2514 approx. -2.5 to +2.5 compare
  3. 114 Sri Lanka -0.2577 approx. -2.5 to +2.5 compare
  4. 116 Nepal -0.3037 approx. -2.5 to +2.5 compare
  5. 117 Viet Nam -0.3139 approx. -2.5 to +2.5 compare
  6. 118 Bosnia and Herzegovina -0.3191 approx. -2.5 to +2.5 compare

See the full ranking of 206 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is rule of law - governance estimate in Panama?
Rule of law - governance estimate in Panama was -0.2634 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
What is the highest rule of law - governance estimate recorded in Panama?
The highest recorded value was -0.0126 approx. -2.5 to +2.5 in 2004.
What is the lowest rule of law - governance estimate recorded in Panama?
The lowest recorded value was -0.2985 approx. -2.5 to +2.5 in 2013.
How does Panama rank for rule of law - governance estimate?
Panama ranks 115th out of 206 countries with data for 2024.
Is rule of law - governance estimate rising or falling in Panama?
Over the last ten years it is down 85.0%. 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 Rule of Law - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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Rule of Law - Governance estimate in Panama. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 21 August 2026, from https://reference.statizoid.com/stat/rule-of-law-governance-estimate-approx-2-5-to-2-5/panama/

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About this data

Indicator
Rule of Law - 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, 5,270 data points, 1996–2024
Last refreshed

Rule of Law (RL) captures perceptions of the extent to which agents respect and follow the rules of society, including contract enforcement, property rights, the police, courts, and the likelihood of crime and violence. 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.