Statement:
It is harder to do business in Belize than in Panama

In the Ease of Doing Business rating Belize holds position #105 ²⁰²⁰ out of 181 and Panama is #66 out of 181 ²⁰²⁰.
Position of Belize is worse than position of Panama.

Referencies:

1. Ease of Doing Business ²⁰²⁰ by World Bank

   The countries in the rating sorted by 'Score' in descending order.

   Belize	'Score' value is	55.5
   Panama	'Score' value is	66.6