Starting a business: Procedures required - Men in Panama
Panama: Starting a business: Procedures required - Men was 5 number in 2019. ▼ Falling
Starting a business: Procedures required - Men in Panama, 2003–2019
Source: World Bank. Measured in number.
Analysis
Panama recorded 5 number for starting a business: procedures required - men in 2019. That is the lowest value across all 17 years on record.
The figure is down 16.7% over ten years.
Over the whole period, starting a business: procedures required - men in Panama peaked at 6 number in 2003 and was at its lowest, 5 number, in 2013.
That places Panama 115th out of 188 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6 number | 6 number | 6 number | 7 |
| 2010s | 5.3 number | 5 number | 6 number | 10 |
Countries ranked near Panama
- 115 Pakistan 5 number compare
- 115 Albania 5 number compare
- 115 Belgium 5 number compare
- 115 Benin 5 number compare
- 115 Cameroon 5 number compare
- 115 Cyprus 5 number compare
- 115 Denmark 5 number compare
- 115 Dominica 5 number compare
- 115 Egypt, Arab Rep. 5 number compare
- 115 France 5 number compare
- 115 Iceland 5 number compare
- 115 Kuwait 5 number compare
- 115 Liberia 5 number compare
- 115 Luxembourg 5 number compare
- 115 Madagascar 5 number compare
- 115 Mali 5 number compare
- 115 Malta 5 number compare
- 115 Marshall Islands 5 number compare
- 115 Poland 5 number compare
- 115 Rwanda 5 number compare
- 115 Sierra Leone 5 number compare
- 115 St. Lucia 5 number compare
- 115 Thailand 5 number compare
- 115 Uruguay 5 number compare
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)
- Commercial service exports 20.06 billion current US$ (2025)
- Transport services 46.7% (2025)
- Computer, communications and other services 13.7% (2025)
Frequently asked questions
- What is starting a business: procedures required - men in Panama?
- Starting a business: procedures required - men in Panama was 5 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men recorded in Panama?
- The highest recorded value was 6 number in 2003.
- What is the lowest starting a business: procedures required - men recorded in Panama?
- The lowest recorded value was 5 number in 2013.
- How does Panama rank for starting a business: procedures required - men?
- Panama ranks 115th out of 188 countries with data for 2019.
- Is starting a business: procedures required - men rising or falling in Panama?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from the World Bank, published as part of Starting a business: Procedures required - Men (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The number of procedures for men records all the procedures required in practice for five male married entrepreneurs to start and operate a local limited liability company. A procedure is de?ned as any interaction of the company founders with external parties. Both pre- and post-incorporation procedures that are officially required or commonly done in practice are recorded.