Spain (24th) is the Western European country whose prosperity has improved most in the past decade, driven by a notable improvement in Safety and Security. There has been a sharp decline in property crime,while the percentage of people who have reported stolen property in the last year has fallen from 14% to 8%.
Read MorePanama is 50th 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 Social Capital but is weakest in Education. The biggest improvement compared to a decade ago came in Safety & Security.
Visit our Rankings table to see how Panama compares to other countries.