The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Panama  
Rank: 78 · Score: 46.1  

Basic facts, 2015        
Population (millions) 3.9   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 53.3   M&A volume (quartile) 3rd
GDP per capita (US$) 13,569.7   Venture capital investments (quartile) Bottom
GDP growth (per cent) 6.0   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 78 45, 47, 50, 50, 47 46.1
1 Economic Activity 27 113, 103, 93, 107, 98 90.6
2 Depth of Capital Market 78 52, 51, 53, 49, 47 30.6
3 Taxation 115 14, 6, 13, 12, 10 65.6
4 Investor Protection and Corporate Governance 62 44, 48, 64, 65, 63 61.6
5 Human and Social Environment 99 8, 20, 33, 33, 26 31.8
6 Entrepreneurial Opportunities 65 51, 55, 62, 64, 60 53.2


 
Historic performance, 2012-2016   Key driver performance, 2016

   

VCPE Rank  
VC Rank  
PE Rank
Panama  
Latin America
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Argentina 88.0 49.9 97.9 40.0 43.7 54.2
Ecuador 84.4 41.6 101.4 41.5 39.7 41.2
Uruguay 81.9 22.1 88.6 68.1 64.4 55.9
Panama 90.6 30.6 65.6 61.6 31.8 53.2
Jamaica 70.2 23.0 80.5 64.3 62.4 53.6
El Salvador 82.1 29.8 65.4 43.2 38.0 29.3
Dominican Republic 83.5 13.8 99.0 51.0 33.8 35.3
Last updated: 8 August 2016