Rank in the Economic Complexity Index in Panama
Panama: Rank in the Economic Complexity Index was 24 in 2016. ▲ Rising
Rank in the Economic Complexity Index in Panama, 1964–2016
Source: Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
Analysis
Panama recorded 24 for rank in the economic complexity index in 2016.
Compared with earlier readings it is down 67.6% on the previous year and down 52.0% over ten years.
Over the whole period, rank in the economic complexity index in Panama peaked at 77 in 2014 and was at its lowest, 19, in 1966.
Panama ranks 94th of 121 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.67 | 19 | 23 | 6 |
| 1970s | 34.7 | 20 | 45 | 10 |
| 1980s | 39.2 | 30 | 52 | 10 |
| 1990s | 47.3 | 33 | 60 | 10 |
| 2000s | 49 | 43 | 54 | 10 |
| 2010s | 45 | 24 | 77 | 7 |
Countries ranked near Panama
More economy & growth data for Panama
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.8% (2025)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is rank in the economic complexity index in Panama?
- Rank in the economic complexity index in Panama was 24 in 2016, according to Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
- What is the highest rank in the economic complexity index recorded in Panama?
- The highest recorded value was 77 in 2014.
- What is the lowest rank in the economic complexity index recorded in Panama?
- The lowest recorded value was 19 in 1966.
- How does Panama rank for rank in the economic complexity index?
- Panama ranks 94th out of 121 countries with data for 2016.
- Is rank in the economic complexity index rising or falling in Panama?
- Over the last ten years it is down 52.0%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data, published as part of Rank in the Economic Complexity Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The Economic Complexity Index (ECI) takes data on exports, and reduces a country’s economic system into two dimensions: (i) The number or ‘diversification’ of products in the export basket, and (ii) the quality, or ‘ubiquity’ of products in the export basket. This map ranks countries by ECI scores. The highest rank is 1 and corresponds to the country with the most complex economy in that year.