{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"stock-market-capitalization-to-gdp-percent","source":"Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's","source_url":"https://data.worldbank.org/indicator/GFDD.DM.01","title":"Stock market capitalization to GDP (%)","unit":"%"},"observations":[{"date":"1993-01-01","value":4.96437},{"date":"1994-01-01","value":8.13216},{"date":"1995-01-01","value":8.67993},{"date":"1996-01-01","value":12.963},{"date":"1997-01-01","value":20.3717},{"date":"1998-01-01","value":32.9783},{"date":"1999-01-01","value":28.7051},{"date":"2000-01-01","value":22.7078},{"date":"2001-01-01","value":20.8134},{"date":"2002-01-01","value":23.8143},{"date":"2003-01-01","value":23.514},{"date":"2004-01-01","value":27.9924},{"date":"2005-01-01","value":36.4154},{"date":"2006-01-01","value":39.4198},{"date":"2007-01-01","value":33.8247},{"date":"2008-01-01","value":28.0857},{"date":"2009-01-01","value":28.4788},{"date":"2010-01-01","value":28.3557},{"date":"2011-01-01","value":30.7952},{"date":"2012-01-01","value":31.0267},{"date":"2013-01-01","value":27.5658},{"date":"2014-01-01","value":27.5551},{"date":"2015-01-01","value":24.3555},{"date":"2016-01-01","value":23.4234},{"date":"2017-01-01","value":24.1528},{"date":"2018-01-01","value":24.0996},{"date":"2019-01-01","value":25.7881},{"date":"2020-01-01","value":25.8229}],"summary":{"latest_period":"2020-01-01","latest_value":25.8229,"max":39.4198,"mean":24.8143,"min":4.96437,"of":91,"rank":57,"trend":"rising"}}