Ease of doing business index for Panama
ICBUSEASEXQPAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Panama measures the efficiency and regulatory environment for businesses operating in the country. It is an important indicator for economists and policymakers assessing Panama's economic competitiveness and attractiveness for investment.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Ease of Doing Business Index evaluates factors such as starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. It provides a comprehensive assessment of the business climate in Panama.
Methodology
The data is collected through surveys of local experts and verified against relevant laws and regulations.
Historical Context
Policymakers and international investors use this index to benchmark Panama's business environment against other countries and identify areas for reform.
Key Facts
- Panama ranked 86th out of 190 countries in the 2020 Doing Business report.
- The index ranges from 0 to 100, with 100 representing the best regulatory environment.
- Panama's score on the index was 66.0 in 2020.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index for Panama measures the efficiency and regulatory environment for businesses operating in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for economists and policymakers assessing Panama's economic competitiveness and attractiveness for investment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local experts and verified against relevant laws and regulations.
Q: How is this trend used in economic policy?
A: Policymakers and international investors use this index to benchmark Panama's business environment against other countries and identify areas for reform.
Q: Are there update delays or limitations?
A: The Doing Business report is published annually, so there may be some delay in the most recent data.
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Citation
U.S. Federal Reserve, Ease of doing business index for Panama (ICBUSEASEXQPAN), retrieved from FRED.