24Peaks / North America / Panama / R-D Expenditure and Patent Applications

Panama - R-D Expenditure and Patent Applications 0.2

World Bank WDI · updated 2026-10-15 · 156 economies tracked

Latest value

0.2 (2024)

Global rank

##23 of 156 economies

Share of global total

1.5%

Growth since 1996

0.61×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#16#31#46#61#76#911996200120062011201620212024#40#232022 overtook Moldova2024 overtook Portugal
PanamaCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Panama climbed from #40 to #23 (overtook Moldova). Gaps in a lane = missing data that year.

Key events for Panama ↓

Key Events — Panama

Auto-detected from rank data + curated milestones

2020
Climbed 15 places in global rank auto
2022
Overtook Moldova in global rank auto
2024
Overtook Portugal in global rank auto
2024
Climbed 48 places in global rank auto

R-D Expenditure and Patent Applications, 1996-2024

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620240.060.160.270.37

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