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    Panama

    Extended
    Americas · #57 of 117 global markets · IEPA 2024 (final) · 2026 current estimate available
    52.2▼ -2.5 YoY
    ●●○0.78IEPA COMPOSITE
    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420264045505560
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    20102011201220132014201520162017201820192020202120222024-5051015
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #57of 145 ranked economies▼ 14 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202436455470
    CAPABILITY RANK · HIGHER IS BETTER
    2.51% / yr
    Implied growth
    Annual growth the current capability base points to.
    153
    Diversity
    Distinct products made at competitive scale.
    +0.36
    Capability score
    Standardized: 0 is the world average.
    +0.40
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Textile Apparel and Accessories10 of 50 made · 63% of the rest within reach
    Minerals8 of 48 made · 45% of the rest within reach
    Construction, Building, and Home Supplies16 of 104 made · 44% of the rest within reach
    Agriculture26 of 200 made · 49% of the rest within reach
    Industrial Chemicals and Metals15 of 157 made · 26% of the rest within reach
    Textile and Home Goods7 of 78 made · 31% of the rest within reach
    Metalworking and Electrical Machinery and Parts11 of 155 made · 24% of the rest within reach
    Electronic and Electrical Goods3 of 73 made · 29% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Textile Apparel and Accessories. This market makes 20% of that cluster today, and 63% of what it does not make sits one step from something it already does.
    Metalworking and Electrical Machinery and Parts is the furthest: 7% made, and only 24% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 96 OF 153 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Packing lids$64B world market
    Chemicals & PlasticsOPENS 1.52 · COMPLEXITY -0.43
    Plastic tubes and fittings$32B world market
    Chemicals & PlasticsOPENS 1.49 · COMPLEXITY -0.16
    Cereal foods$8B world market
    Agrifood & FisheriesOPENS 1.48 · COMPLEXITY -0.43
    Milk$11B world market
    Agrifood & FisheriesOPENS 1.45 · COMPLEXITY -0.28
    Malt extract$24B world market
    Agrifood & FisheriesOPENS 1.44 · COMPLEXITY -0.34
    Fermented milk products$5B world market
    Agrifood & FisheriesOPENS 1.41 · COMPLEXITY -0.33
    THE NEAREST OPTIONS AMONG 408 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
    No recent scored signals for this market.
    PEERS · EXTENDED
    🇷🇴Romania52.8→🇰🇬Kyrgyzstan51.7→🇺🇾Uruguay51.6→🇨🇳China53.1→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-07-17
    91organizations indexed across 10 types · 83 mapped
    Universities & research bodies
    50
    Research organizations
    9
    Fab labs & makerspaces
    9
    Government bodies
    7
    Health research
    6
    Corporate R&D
    4
    Innovation hubs
    2
    Accelerators
    2
    Science & tech parks
    1
    Incubators
    1
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 91 indexed
    Acelerap
    Accelerators · Ciudad de Panamá
    Acelerador de Empresas de Panamá (AEP)
    Accelerators · Ciudad de Panamá
    Ciudad del Saber
    Science & tech parks
    Smithsonian Tropical Research Institute
    Universities & research bodies · Panama City · 1904
    Barro Colorado Island
    Universities & research bodies · Barro Colorado Island · 1914
    Medistem (Panama)
    Corporate R&D · Panama City · 2008
    eScire
    Corporate R&D · Panama City · 2012
    Plan International Regional Office of the Americas
    Research organizations · Panama City · 1937
    Museo De Arte Contemporaneo
    Research organizations · Ancón · 1962
    Saint Thomas Hospital
    Health research · Panama City · 1702
    National Oncologic Institute
    Health research · Panama City · 1940
    Members get the full directory, filters, and exports.See all 91 organizations →
    Run the full diagnostic →Talk to IE about Panama →