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

Panama  
Rank: 74 · Score: 49.0  

Basic facts, 2017        
Population (millions) 4.0   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 55.2   M&A volume (quartile) 2nd
GDP per capita (US$) 13,797.0   Venture capital investments (quartile) Bottom
GDP growth (per cent) 5.3   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 74 67, 65, 63, 53, 51 49.0
1 Economic Activity 51 71, 82, 72, 73, 74 78.6
2 Depth of Capital Market 69 81, 68, 69, 57, 56 43.3
3 Taxation 113 13, 12, 10, 12, 12 64.7
4 Investor Protection and Corporate Governance 58 63, 63, 62, 63, 67 61.0
5 Human and Social Environment 108 33, 30, 24, 20, 17 30.2
6 Entrepreneurial Opportunities 76 57, 64, 57, 51, 49 48.7


 
Historic performance, 2014-2018   Key driver performance, 2018

   

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 83.4 52.8 98.5 48.6 46.5 53.0
Peru 79.9 52.5 99.8 60.4 30.8 48.3
Jamaica 54.2 39.4 101.1 64.5 64.3 48.6
Panama 78.6 43.3 64.7 61.0 30.2 48.7
Ecuador 79.7 46.7 97.0 36.6 34.6 35.0
Uruguay 75.4 16.5 100.3 64.5 67.9 51.9
El Salvador 66.2 24.0 102.1 38.0 27.7 34.1
Last updated: 4 Feb 2018