Latin America & Caribbean vs Panama: Merchandise exports to low- and middle-income economies in South Asia

Latin America & Caribbean
1.7%
in 2023
Panama
5.3%
in 2023
Latin America & Caribbean rank
41st
Panama rank
41st

Merchandise exports to low- and middle-income economies in South Asia over time

  • Latin America & Caribbean
  • Panama
0246196019912023

How they compare

Panama currently reports 5.3% against 1.7% in Latin America & Caribbean, a difference of 3.6%.

That makes Panama's figure about 3.2 times Latin America & Caribbean's.

The two have swapped places 5 times across 33 shared years of data; in 1979 it was Latin America & Caribbean ahead.

Latin America & Caribbean ranks 41st and Panama ranks 41st of 47 groups.

Across the 6 decades both report, Latin America & Caribbean averaged higher in 4 and Panama in 2.

Head to head by decade

Decade Latin America & Caribbean Panama Difference Ahead
1970s 0.4% 0.0% 0.4% Latin America & Caribbean
1980s 0.5% 0.0% 0.5% Latin America & Caribbean
1990s 0.4% 0.0% 0.4% Latin America & Caribbean
2000s 0.8% 0.7% 0.1% Latin America & Caribbean
2010s 2.4% 3.9% 1.6% Panama
2020s 2.0% 5.4% 3.4% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in south asia, Latin America & Caribbean or Panama?
Panama, at 5.3% against 1.7% in Latin America & Caribbean as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in south asia between Latin America & Caribbean and Panama?
3.6%, with Panama ahead.
How many years of comparable data are there for Latin America & Caribbean and Panama?
33 years are reported by both, from 1979 to 2023.
How do Latin America & Caribbean and Panama rank globally for merchandise exports to low- and middle-income economies in south asia?
Latin America & Caribbean ranks 41st and Panama ranks 41st of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Panama: Merchandise exports to low- and middle-income economies in South Asia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-south-asia-percent-of-total/latin-america-and-caribbean/panama/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 11,638 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.