Country
Panama PAN
score date 2026-10-10 · 30d +2.3
Seven dimensions
Credibility gap91.1
IMF / national CPI · as of 2026-05-01 · coverage: bronze
Behind the curve—
BIS policy rates + CPI · as of 2026-10-10 · coverage: bronze
Communication—
Central-bank statements · as of 2026-10-10 · coverage: bronze
Geopolitical47.2
GDELT · as of 2026-10-11 · coverage: bronze
Growth52.4
World Bank WDI / IMF WEO · as of 2026-10-10 · coverage: bronze
Liquidity36.3
IMF BOP / BIS / FRED · as of 2026-10-10 · coverage: bronze
Governance49.9
World Bank WGI · as of 2026-10-10 · coverage: bronze
Panama sovereign credibility, in brief
Panama scores 56.5 out of 100 on the composite sovereign credibility index — credibility band 50–65. That ranks it 9 of 20 in Latin America & Caribbean, the 60th percentile of the region. The score has risen 0.3 points over the past seven days. CPI 2.3% (implicit target) — credibility under pressure (57/100).
As of 2026-10-10 · scored daily from public data under methodology v8
Peer context
Rank 9/20 in Latin America & Caribbean · 60th percentile
Region avg 51.9 · best 63.5 · worst 16.1
Ranked either side
- Nicaragua 57.2
- Costa Rica 57.0
- El Salvador 56.2
- Jamaica 55.7
90-day trend
External pulse
- Port trade momentum, 30d YoY
- +14.0%
- as of 2026-10-11
- Commodity terms-of-trade, 12m change
- -1.5%
- as of 2026-10-11
Sources: Kpler; UN Global Platform; IMF PortWatch (portwatch.imf.org) · Terms-of-trade: IMF Commodity Terms of Trade
Key indicators
External & activity
| Cpi monthly index | 102.4 | 2026-05-01 | ILO CPI |
| Current account (% GDP) | -0.2% | 2025-12-31 | World Bank |
| FDI inflows (% GDP) | 1.0% | 2025-12-31 | World Bank |
| GDP growth, annual | 4.4% | 2025-12-31 | World Bank |
| Nightlights radiance (monthly sum) | 151.5K | 2025-12-01 | World Bank / NASA Black Marble |
| Nightlights radiance, YoY | 12.5% | 2025-12-01 | derived |
| Remittances (% GDP) | 0.7% | 2025-12-31 | World Bank |
| Reserves (months of imports) | 1.7 mo | 2025-12-31 | World Bank |
| Trade openness (% GDP) | 83.7% | 2024-12-31 | World Bank |
| Unemployment rate | 8.4% | 2025-12-31 | World Bank |
| Unemployment rate (ILO) | 8.3% | 2025-12-31 | ILO |
Structure
| GDP per capita (USD) | $19,790 | 2025-12-31 | World Bank |
| Labor force participation | 62.5% | 2025-12-31 | ILO |
| WGI: control of corruption | -0.6 | 2025-12-31 | World Bank |
| WGI: government effectiveness | 0.2 | 2025-12-31 | World Bank |
| WGI: political stability | 0.2 | 2025-12-31 | World Bank |
| WGI: regulatory quality | -0.1 | 2025-12-31 | World Bank |
| WGI: rule of law | -0.3 | 2025-12-31 | World Bank |
| WGI: voice & accountability | 0.5 | 2025-12-31 | World Bank |
Nightlights: World Bank / NASA Black Marble VIIRS (CC BY 4.0)
Follow the moves
Every figure above is recomputed daily from public data, with the source and as-of date shown for each one. The weekly briefing says which scores moved, and why.