{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"total-market-capitalization-listed-domestic-companies-share-gdp","source":"World Federation of Exchanges (WFE), via World Bank (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/total-market-capitalization-listed-domestic-companies-share-gdp","title":"Total market capitalization of listed domestic companies as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1993-01-01","value":4.96437},{"date":"1994-01-01","value":8.13216},{"date":"1995-01-01","value":8.67993},{"date":"1996-01-01","value":13.9115},{"date":"1997-01-01","value":21.6242},{"date":"1998-01-01","value":34.642},{"date":"1999-01-01","value":29.861},{"date":"2000-01-01","value":23.3485},{"date":"2001-01-01","value":21.2366},{"date":"2002-01-01","value":24.1742},{"date":"2003-01-01","value":23.6705},{"date":"2004-01-01","value":27.8314},{"date":"2005-01-01","value":35.8688},{"date":"2006-01-01","value":38.3253},{"date":"2007-01-01","value":33.1683},{"date":"2008-01-01","value":27.4683},{"date":"2009-01-01","value":27.7876},{"date":"2010-01-01","value":27.614},{"date":"2011-01-01","value":29.931},{"date":"2012-01-01","value":30.1572},{"date":"2013-01-01","value":26.7735},{"date":"2014-01-01","value":26.7483},{"date":"2015-01-01","value":23.6235},{"date":"2016-01-01","value":22.6971},{"date":"2017-01-01","value":23.355},{"date":"2018-01-01","value":23.245},{"date":"2019-01-01","value":24.7553},{"date":"2020-01-01","value":24.4278},{"date":"2021-01-01","value":22.9356},{"date":"2022-01-01","value":20.4343},{"date":"2023-01-01","value":24.2853},{"date":"2024-01-01","value":21.1363},{"date":"2025-01-01","value":30.0489}],"summary":{"latest_period":"2025-01-01","latest_value":30.0489,"max":38.3253,"mean":24.4504,"min":4.96437,"of":98,"rank":55,"trend":"rising"}}