New businesses registered (number) in Panama
Panama: New businesses registered was 13,048 number in 2022. ▼ Falling
New businesses registered in Panama, 2013–2022
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2022, new businesses registered in Panama stood at 13,048 number.
That represents a change of down 11.4% on the previous year and down 56.8% over ten years.
Over the whole period, new businesses registered in Panama peaked at 30,203 number in 2013 and was at its lowest, 10,136 number, in 2020.
Panama ranks 80th of 177 countries on this measure, in the middle of the range.
New businesses registered in Panama, year by year
| Year | number | Change |
|---|---|---|
| 2013 | 30,203 number | — |
| 2014 | 29,488 number | -2.4% |
| 2015 | 26,608 number | -9.8% |
| 2016 | 19,734 number | -25.8% |
| 2017 | 15,568 number | -21.1% |
| 2018 | 13,204 number | -15.2% |
| 2019 | 14,069 number | +6.6% |
| 2020 | 10,136 number | -28.0% |
| 2021 | 14,734 number | +45.4% |
| 2022 | 13,048 number | -11.4% |
Panama compared with similar countries
- Panama's 13,048 number is below the median for high income countries, which is 19,050 number, 68% of the median. (63 countries reporting)
- Panama's 13,048 number is above the median for Latin America & Caribbean, which is 5,128 number, 2.5× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21,268 number | 13,204 number | 30,203 number | 7 |
| 2020s | 12,639 number | 10,136 number | 14,734 number | 3 |
Countries ranked near Panama
More private sector data for Panama
- Merchandise trade 41.6% (2025)
- Food imports 18.7% (2024)
- Manufactures imports 60.2% (2024)
- Merchandise imports 25.76 billion current US$ (2025)
- Food exports 73.6% (2024)
- Manufactures exports 10.9% (2024)
- Merchandise exports 11.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,604 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -9.7 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Panama?
- New businesses registered in Panama was 13,048 number in 2022, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Panama?
- The highest recorded value was 30,203 number in 2013.
- What is the lowest new businesses registered recorded in Panama?
- The lowest recorded value was 10,136 number in 2020.
- How does Panama rank for new businesses registered?
- Panama ranks 80th out of 177 countries with data for 2022.
- Is new businesses registered rising or falling in Panama?
- Over the last ten years it is down 56.8%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
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About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.