Economic complexity rankings in Panama
Panama: Economic complexity rankings was 24 in 2016. ▲ Rising
Economic complexity rankings in Panama, 1964–2016
Source: Our World in Data.
Analysis
Panama recorded 24 for economic complexity rankings 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, economic complexity rankings 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.
Economic complexity rankings in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 21 | — |
| 1965 | 21 | +0.0% |
| 1966 | 19 | -9.5% |
| 1967 | 23 | +21.1% |
| 1968 | 20 | -13.0% |
| 1969 | 20 | +0.0% |
| 1970 | 20 | +0.0% |
| 1971 | 27 | +35.0% |
| 1972 | 31 | +14.8% |
| 1973 | 31 | +0.0% |
| 1974 | 32 | +3.2% |
| 1975 | 36 | +12.5% |
| 1976 | 42 | +16.7% |
| 1977 | 45 | +7.1% |
| 1978 | 42 | -6.7% |
| 1979 | 41 | -2.4% |
| 1980 | 37 | -9.8% |
| 1981 | 31 | -16.2% |
| 1982 | 30 | -3.2% |
| 1983 | 36 | +20.0% |
| 1984 | 31 | -13.9% |
| 1985 | 41 | +32.3% |
| 1986 | 41 | +0.0% |
| 1987 | 52 | +26.8% |
| 1988 | 49 | -5.8% |
| 1989 | 44 | -10.2% |
| 1990 | 33 | -25.0% |
| 1991 | 35 | +6.1% |
| 1992 | 35 | +0.0% |
| 1993 | 44 | +25.7% |
| 1994 | 44 | +0.0% |
| 1995 | 47 | +6.8% |
| 1996 | 59 | +25.5% |
| 1997 | 60 | +1.7% |
| 1998 | 59 | -1.7% |
| 1999 | 57 | -3.4% |
| 2000 | 51 | -10.5% |
| 2001 | 49 | -3.9% |
| 2002 | 50 | +2.0% |
| 2003 | 54 | +8.0% |
| 2004 | 51 | -5.6% |
| 2005 | 50 | -2.0% |
| 2006 | 50 | +0.0% |
| 2007 | 47 | -6.0% |
| 2008 | 45 | -4.3% |
| 2009 | 43 | -4.4% |
| 2010 | 43 | +0.0% |
| 2011 | 35 | -18.6% |
| 2012 | 32 | -8.6% |
| 2013 | 30 | -6.2% |
| 2014 | 77 | +156.7% |
| 2015 | 74 | -3.9% |
| 2016 | 24 | -67.6% |
Panama compared with similar countries
- Panama's 24 is above the median for high income countries, which is 23, 1.0× the median. (47 countries reporting)
- Panama's 24 is below the median for Latin America & Caribbean, which is 63.5, 38% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Economic complexity rankings in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +156.7% | 30 | 77 |
| 2016 | -67.6% | 74 | 24 |
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
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
Frequently asked questions
- What is economic complexity rankings in Panama?
- Economic complexity rankings in Panama was 24 in 2016, according to Our World in Data.
- What is the highest economic complexity rankings recorded in Panama?
- The highest recorded value was 77 in 2014.
- What is the lowest economic complexity rankings recorded in Panama?
- The lowest recorded value was 19 in 1966.
- How does Panama rank for economic complexity rankings?
- Panama ranks 94th out of 121 countries with data for 2016.
- Is economic complexity rankings 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 Our World in Data, published as part of Economic complexity rankings. 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).