Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient

2007 - 2017 | Yearly | NA | World Bank

Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient data was reported at 4.500 NA in 2017. This records an increase from the previous number of 4.100 NA for 2016. Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient data is updated yearly, averaging 4.365 NA from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 4.700 NA in 2013 and a record low of 4.100 NA in 2016. Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Transportation. Burden of Customs Procedure measures business executives' perceptions of their country's efficiency of customs procedures. The rating ranges from 1 to 7, with a higher score indicating greater efficiency. Data are from the World Economic Forum's Executive Opinion Survey, conducted for 30 years in collaboration with 150 partner institutes. The 2009 round included more than 13,000 respondents from 133 countries. Sampling follows a dual stratification based on company size and the sector of activity. Data are collected online or through in-person interviews. Responses are aggregated using sector-weighted averaging. The data for the latest year are combined with the data for the previous year to create a two-year moving average. Respondents evaluated the efficiency of customs procedures in their country. The lowest score (1) rates the customs procedure as extremely inefficient, and the highest score (7) as extremely efficient.; ; World Economic Forum, Global Competiveness Report and data files.; Unweighted average;

View Panama's Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient from 2007 to 2017 in the chart:

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Panama Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient
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Panama Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient

What was Panama's Panama PA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient in 2017?

Last Previous Min Max Unit Frequency Range
4.50 2017 4.10 2016 4.10 2016 4.70 2013 NA yearly 2007 - 2017

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Panama Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 47,426.990 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 21,973.697 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 5.000 2027 yearly 1980 - 2027
GDP Deflator Growth (%) -0.2 Jun 2025 quarterly Mar 2008 - Jun 2025
GDP per Capita (USD) 14,339.427 2016 yearly 1950 - 2016
Gross Fixed Capital Formation (USD mn) 29,014.934 2024 yearly 1996 - 2024
Gross National Product (GNP) (USD mn) 81,857.899 2024 yearly 1960 - 2024
Gross Savings Rate (%) 38.0 2023 yearly 1960 - 2023
Investment: % of GDP (%) 35.7 2024 yearly 1996 - 2024
Nominal GDP (USD mn) 20,142.8 Jun 2025 quarterly Mar 2007 - Jun 2025
Nominal GDP Growth (%) 3.259 Jun 2025 quarterly Mar 2008 - Jun 2025
Private Consumption Expenditure (USD mn) 37,153.342 2022 yearly 1969 - 2022
Private Consumption: % of GDP (%) 50.4 2022 yearly 1996 - 2022
Public Consumption Expenditure (USD mn) 10,731.603 2024 yearly 1950 - 2024
Public Consumption: % of GDP (%) 13.2 2024 yearly 1996 - 2024
Real GDP Growth (%) 3.4 Jun 2025 quarterly Mar 2008 - Jun 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 89.138 2024 yearly 1960 - 2024
Production Last Frequency Range
Gold Production (kg) 4,039.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Minerals Production (Metric Ton) 360,956.000 2023 yearly 2009 - 2023
Silver Production (Metric Ton) 84.737 2023 yearly 1993 - 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 2024 yearly 2003 - 2024
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
National Government Debt (USD mn) 58,832.7 Oct 2025 monthly Jul 2004 - Oct 2025
Tax Revenue (USD mn) 740.274 Sep 2025 monthly Jan 1995 - Sep 2025
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue: % of GDP (%) 8.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 1,063,250.000 Aug 2017 monthly Mar 2008 - Aug 2017
Forecast: Population (Person mn) 4.734 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.700 2030 yearly 1980 - 2030
Labour Force Participation Rate (%) 63.3 2024 yearly 2003 - 2024
Labour Productivity Growth (%) 1.18 2024 yearly 1992 - 2024
Monthly Earnings (USD) 1,310 2024 yearly 1970 - 2024
Population (Person mn) 4.5 2024 yearly 1950 - 2024
Unemployment Rate (%) 9.50 2024 yearly 2003 - 2024
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 7,851.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 39,049.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 4,651 Sep 2025 monthly Jan 2005 - Sep 2025
Motor Vehicles Sales Growth (%) 16.0 Oct 2025 monthly Jan 2006 - Oct 2025

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