New businesses registered — all countries

New businesses registered — Panama

New businesses registered in Panama in 2022 — 13,048 companies. Ranked 72 in the world out of 154. Since 2013, the indicator has fallen by 56.8%.

2022 13,048 companies −11.44% vs 2021
World rank 72of 154
Period maximum 30,203 companies2013
Period minimum 10,136 companies2020

Trend over time

2013–2022 · companies

New businesses registered — Panama, 2013–2022010,00020,00030,00040,00020132014201520162017201820192020202120222013: 30,203 companies2014: 29,488 companies2015: 26,608 companies2016: 19,734 companies2017: 15,568 companies2018: 13,204 companies2019: 14,069 companies2020: 10,136 companies2021: 14,734 companies2022: 13,048 companies
Change over the period: −17,155 (−56.8%) Average annual rate: -8.9 %

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Panama

Panama 13,048 companies
World computed 6.87M companies
Central America computed 120,874 companies
High-income countries computed 3.27M companies
New businesses registered — Panama, by year Panama All countries CSV XLSX
Year companies Change Change, %
2022 13,048 −1,686 −11.44%
2021 14,734 +4,598 +45.36%
2020 10,136 −3,933 −27.96%
2019 14,069 +865 +6.55%
2018 13,204 −2,364 −15.18%
2017 15,568 −4,166 −21.11%
2016 19,734 −6,874 −25.83%
2015 26,608 −2,880 −9.77%
2014 29,488 −715 −2.37%
2013 30,203

Central America, 2022

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

Source: World Development Indicators (World Bank), license CC BY 4.0.