Panama: Economic freedom, overall index

* indicates monthly or quarterly data series
 Panama

Economic freedom, overall index (0-100)

 Latest value 64
 Year 2023
 Measure index points
 Data availability 1995 - 2023
 Average 67
 Min - Max 63 - 73
 Source The Heritage Foundation
For that indicator, we provide data for Panama from 1995 to 2023. The average value for Panama during that period was 67 index points with a minimum of 63 index points in 2013 and a maximum of 73 index points in 1998. The latest value from 2023 is 64 index points. For comparison, the world average in 2023 based on 174 countries is 59 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Panama - Economic freedom, overall index - recent values

Historical chart
Panama - Economic freedom, overall index - historical chart - 1995-2023




Definition: The Overall index of economic freedom has ten components grouped into four broad categories: Rule of Law; Limited Government; Regulatory Efficiency and Open Markets. The overall economic freedom is scored on a scale of 0 to 100, where 100 represents the maximum freedom.


 Related indicators Latest value Reference Measure
 Property rights 57 2023 points
 Freedom from corruption 39 2023 points
 Fiscal freedom 19 2023 points
 Business freedom 71 2023 points
 Labor freedom 61 2023 points
 Monetary freedom 77.30 2023 points
 Trade freedom 79 2023 points
 Investment freedom 75 2023 points
 Financial freedom 70 2023 points
 Economic freedom, overall index 64 2023 index points
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