According to the World Economic Forum’s annual report on competitiveness, Panama is the second most competitive Latin American country listed in the ranking, thanks to its macroeconomic environment, the efficiency of the market and the development of its financial sector.

The Global Competitiveness Report 2015-2016 assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

Source: www.weforum.org and www.laestrella.com.pa