Belize vs Panama: country risk compared
Panama currently carries the higher assessed risk (5.1 vs 4.1 on the RegActions 0-10 scale), driven by higher AML/CFT effectiveness risk (7.0 vs 5.5).
🇧🇿 Belize (4.1/10, Moderate) vs 🇵🇦 Panama (5.1/10, High).
Side by side
| Indicator | Belize | Panama |
|---|---|---|
| RegActions risk score | 4.1/10 (Moderate) | 5.1/10 (High) |
| FATF status | Not currently listed | Not currently listed |
| Sanctions posture | No listed programme identified | No listed programme identified |
| Governance: rule of law (WGI risk) | 5.1/10 | 4.6/10 |
| Corruption (CPI) | 36/100 (rank #104) | 33/100 (rank #116) |
| EU tax list (Annex I) | Not listed | Listed |
| Egmont FIU member | Yes | Yes |
| Last FATF mutual evaluation | 2025 | 2018 |
| BO register | Restricted (live since 2023) | Restricted (live since 2020) |
FATF mutual evaluations
Full country reports
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Active methodology 3.1.0; Belize is complete with high confidence and Panama is complete with low confidence. FATF listings and sanctions are shown as regulatory overlays; CPI and enforcement volume are contextual, not score inputs. Scoring methodology.