Brazil vs Panama: country risk compared

Brazil and Panama currently carry a similar assessed risk (5.1 vs 5.1 on the RegActions 0-10 scale), so differentiate on the specific drivers below.

🇧🇷 Brazil (5.1/10, High) vs 🇵🇦 Panama (5.1/10, High).

Side by side

IndicatorBrazilPanama
RegActions risk score5.1/10 (High)5.1/10 (High)
FATF statusNot currently listedNot currently listed
Sanctions postureNo listed programme identifiedNo listed programme identified
Governance: rule of law (WGI risk)5.1/104.6/10
Corruption (CPI)35/100 (rank #107)33/100 (rank #116)
EU tax list (Annex I)Not listedListed
Egmont FIU memberYesYes
Last FATF mutual evaluation20232018
BO registerRestricted (live since 2017)Restricted (live since 2020)

FATF mutual evaluations

  • Brazil: last mutual evaluation 2023 · report
  • Panama: last mutual evaluation 2018 · report

Full country reports

Related comparisons

Active methodology 3.1.0; Brazil 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.