Estonia vs Panama: S&P Global Equity Indices (annual % change)
Estonia
26.7%
in 2025
Panama
29.1%
in 2025
Estonia rank
45th
Panama rank
42nd
S&P Global Equity Indices (annual % change) over time
- Estonia
- Panama
How they compare
Panama currently reports 29.1% against 26.7% in Estonia, a difference of 2.4%.
That makes Panama's figure about 1.1 times Estonia's.
The two have swapped places 8 times across 18 shared years of data; in 2008 it was Panama ahead.
Estonia ranks 45th and Panama ranks 42nd of 84 countries.
Across the 3 decades both report, Estonia averaged higher in 1 and Panama in 2.
Head to head by decade
| Decade | Estonia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -16.3% | -0.1% | 16.2% | Panama |
| 2010s | 7.1% | 11.2% | 4.1% | Panama |
| 2020s | 8.9% | 6.9% | 2.0% | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher s&p global equity indices, Estonia or Panama?
- Panama, at 29.1% against 26.7% in Estonia as of 2025.
- What is the difference in s&p global equity indices between Estonia and Panama?
- 2.4%, with Panama ahead.
- How many years of comparable data are there for Estonia and Panama?
- 18 years are reported by both, from 2008 to 2025.
- How do Estonia and Panama rank globally for s&p global equity indices?
- Estonia ranks 45th and Panama ranks 42nd of 84 countries.
- Where does this data come from?
- S&P Global BMI, S&P Dow Jones Indices, published as S&P Global Equity Indices (annual % change). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
S&P Global Equity Indices measure the U.S. dollar price change in the stock markets covered by the S&P BMI country indices.