The Global Competitiveness Report 2008-2009

In Central America, Panama is first at 58, Costa Rica 59, El Salvador 79, Honduras 82, Guatemala 84 y Nicaragua 120.

Thursday, October 9, 2008

The rankings are calculated from both publicly available data and the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum together with its network of Partner Institutes (leading research institutes and business organizations) in the countries covered by the report.

More on this topic

Violence and Corruption Hinder Honduras' Development

September 2013

Corruption, insecurity and political instability are the main factors preventing the country from making progress.

This was revealed by the competitiveness ranking report prepared by the World Economic Forum (WEF), in which the country fell three places ranking 111 out of the 148 countries evaluated.

Global Competitiveness Index 2011-2012

September 2011

Panama leads in Central America (49th in the global list), followed by Costa Rica (61), Guatemala (84), Honduras (86), El Salvador (91), and Nicaragua (115).

Chile (position 31), Puerto Rico (position 35), Barbados (position 42) and Panama (position 49) are the only four economies in Latin America and the Caribbean ranked among the top 50 in the World Economic Forum’s Global Competitiveness Report 2010 - 2011

Panama's Competitiveness According to World Economic Forum

September 2010

The Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) ranks Panama 53 out of a total of 139 countries.

Panama's WEF ranking has risen six places relative to 2009-2010 when it ranked 59.

Factors or pillars considered problematic to doing business in Panama are inefficient government bureaucracy, corruption, restrictive labor regulations and inadequately educated workforce.

Global Competitiveness Report 2009-2010

September 2009

Central America: Costa Rica first (55 in the world), followed by Panamá (59), El Salvador (77), Guatemala (80), Honduras (89), Nicaragua (115).

• Switzerland leads the rankings of the World Economic Forum’s Global Competitiveness Report 2009-2010

• The United States falls to second place, with weaker financial markets and less macroeconomic stability

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