Uruguay (37th) is the most prosperous country in Latin America and the Caribbean, ranking 16th in the world for Personal Freedom and 28th for Governance. More than 90% of survey respondents were satisfied with their degree of freedom to choose what to do with their lives.
Read MorePanama is 51st in the overall Prosperity Index rankings. Since 2011, Panama has moved down the rankings table by 4 places.
Panama performs most strongly in Natural Environment and Health but is weakest in Education. The biggest improvement compared to a decade ago came in Infrastructure & Market Access.
Visit our Rankings table to see how Panama compares to other countries.