Panama Canal
Flag of Panama Territorial tax system

Panama

Region
 
Central America
Capital
 
Panama City
Currency
 
Balboa / US Dollar (PAB/USD)
Density
 
58 / km²
WRI Score 2026
73.94
scale 1–100 · higher is better
Global rank
47th
In Americas
11th
Ranked
211
Parameter Breakdown · 2026

The nine components behind the score.

Every parameter is scored 1–100, higher is better, equally weighted; their sum normalises to the 0–100 WRI Score.

  • Personal Income Tax · 100 = no income tax Territorial system · top rate 25%· KPMG / EY
    91.0

    Territorial system taxes only locally sourced income.

  • Population Density · 100 = uncrowded 58 / km²· UN WPP
    77.1

    Moderate population density.

  • GDP per Capita · 100 = highest output per resident $20,754· IMF WEO 2026
    60.2

    Middle-income economy by per-capita output.

  • Life Expectancy · 100 = longest life expectancy 79.2 years· WHO / UN
    77.0

    Moderate life expectancy relative to peers.

  • Tourism & Lifestyle · 100 = strongest lifestyle appeal 0.5 arrivals per capita· UNWTO
    64.9

    Moderate tourism activity relative to population.

  • Unemployment · 100 = lowest unemployment 7.5%· ILO / SECO
    76.3

    Moderate unemployment relative to peers.

  • Warmongering · 100 = least militarised 1.4% of GDP· SIPRI
    90.6

    Modest military expenditure relative to GDP.

  • Safety & Rule of Law · 100 = safest Composite· UNODC · WJP · TI
    34.5

    Below-average safety and judicial quality.

  • Ideological Neutrality · 100 = most ideologically neutral WRI rubric composite· WRI rubric
    96.0

    Among the highest ideological-neutrality scores on this list.

Where it sits

Among the world's elite tier.

Panama holds 47th of 211 with a WRI Score of 73.94 — sits firmly in the upper tier. Its profile is defined by exceptional ideological neutrality (96) and its tax treatment (91), offset by safety and rule of law, a clear structural constraint.

World Residence Index™ © 2026 · Panama profile · Data: IMF, World Bank, UN, WHO, ILO, UNWTO, SIPRI, UNODC, WJP, TI · Research, not advice.