24Peaks / North America / Panama / Taxes and Bureaucracy

Panama - Taxes and Bureaucracy 4.26

GEM NES · updated 2026-10-03 · 118 economies tracked

Latest value

4.26 (2023)

Global rank

##32 of 118 economies

Share of global total

1.9%

Growth since 2009

0.81×

Ranking Race — Taxes and Bureaucracy

1 = global #1 · higher value ranks higher

#1#7#13#19#25#31#37200020052010201520202024#6#322020 overtook Canada2022 overtook Greece
PanamaUnited Arab EmiratesTaiwan, ChinaSaudi ArabiaArmenia

Real annual global ranks, 2000 - 2024. Panama climbed from #6 to #32 (overtook Canada). Gaps in a lane = missing data that year.

Key events for Panama ↓

Key Events — Panama

Auto-detected from rank data + curated milestones

2012
Fell 15 places in global rank auto
2018
Fell 27 places in global rank auto
2020
Overtook Canada in global rank auto
2022
Overtook Greece in global rank auto

Taxes and Bureaucracy, 2009-2023

GEM NES · 0-10 expert rating · linear scale · ranking in the race above
20092014201920233.424.124.835.53

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