Starting a business: Time - Men (days) - Score in Panama
Panama: Starting a business: Time - Men (days) - Score was 94.47 in 2019. ▲ Rising
Starting a business: Time - Men (days) - Score in Panama, 2003–2019
Source: World Bank.
Analysis
The most recent figure for starting a business: time - men (days) - score in Panama is 94.47, measured in 2019. That is the highest value across all 17 years on record.
That represents a change of up 6.8% over ten years.
Over the whole period, starting a business: time - men (days) - score in Panama peaked at 94.47 in 2013 and was at its lowest, 82.41, in 2003.
That places Panama 36th out of 191 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business: Time - Men (days) - Score in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 82.41 | — |
| 2004 | 82.41 | +0.0% |
| 2005 | 82.41 | +0.0% |
| 2006 | 82.41 | +0.0% |
| 2007 | 82.41 | +0.0% |
| 2008 | 88.44 | +7.3% |
| 2009 | 88.44 | +0.0% |
| 2010 | 91.46 | +3.4% |
| 2011 | 92.46 | +1.1% |
| 2012 | 93.47 | +1.1% |
| 2013 | 94.47 | +1.1% |
| 2014 | 94.47 | +0.0% |
| 2015 | 94.47 | +0.0% |
| 2016 | 94.47 | +0.0% |
| 2017 | 94.47 | +0.0% |
| 2018 | 94.47 | +0.0% |
| 2019 | 94.47 | +0.0% |
Panama compared with similar countries
- Panama's 94.47 is above the median for high income countries, which is 92.21, 1.0× the median. (62 countries reporting)
- Panama's 94.47 is above the median for Latin America & Caribbean, which is 84.42, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.13 | 82.41 | 88.44 | 7 |
| 2010s | 93.87 | 91.46 | 94.47 | 10 |
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 starting a business: time - men (days) - score in Panama?
- Starting a business: time - men (days) - score in Panama was 94.47 in 2019, according to the World Bank.
- What is the highest starting a business: time - men (days) - score recorded in Panama?
- The highest recorded value was 94.47 in 2013.
- What is the lowest starting a business: time - men (days) - score recorded in Panama?
- The lowest recorded value was 82.41 in 2003.
- How does Panama rank for starting a business: time - men (days) - score?
- Panama ranks 36th out of 191 countries with data for 2019.
- Is starting a business: time - men (days) - score rising or falling in Panama?
- Over the last ten years it is up 6.8%. 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 Starting a business: Time - Men (days) - Score. 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 score for the time for men benchmarks economies with respect to the regulatory best practice on the indicator. The score ranges from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.