Europe & Central Asia (IDA & IBRD countries) vs Panama: Merchandise exports to low- and middle-income economies outside region

Europe & Central Asia (IDA & IBRD countries)
23.2%
in 2023
Panama
46.2%
in 2023
Europe & Central Asia (IDA & IBRD countries) rank
19th
Panama rank
22nd

Merchandise exports to low- and middle-income economies outside region over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Panama
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How they compare

Panama currently reports 46.2% against 23.2% in Europe & Central Asia (IDA & IBRD countries), a difference of 23.0%.

That makes Panama's figure about 2.0 times Europe & Central Asia (IDA & IBRD countries)'s.

The two have swapped places 3 times across 57 shared years of data; in 1966 it was Europe & Central Asia (IDA & IBRD countries) ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 19th and Panama ranks 22nd of 47 groups.

Across the 7 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 5 and Panama in 2.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Panama Difference Ahead
1960s 17.8% 0.1% 17.7% Europe & Central Asia (IDA & IBRD countries)
1970s 17.9% 0.9% 17.1% Europe & Central Asia (IDA & IBRD countries)
1980s 27.7% 0.4% 27.3% Europe & Central Asia (IDA & IBRD countries)
1990s 12.0% 0.9% 11.1% Europe & Central Asia (IDA & IBRD countries)
2000s 10.9% 2.8% 8.1% Europe & Central Asia (IDA & IBRD countries)
2010s 15.2% 15.4% 0.2% Panama
2020s 19.1% 39.7% 20.7% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies outside region, Europe & Central Asia (IDA & IBRD countries) or Panama?
Panama, at 46.2% against 23.2% in Europe & Central Asia (IDA & IBRD countries) as of 2023.
What is the difference in merchandise exports to low- and middle-income economies outside region between Europe & Central Asia (IDA & IBRD countries) and Panama?
23.0%, with Panama ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Panama?
57 years are reported by both, from 1966 to 2023.
How do Europe & Central Asia (IDA & IBRD countries) and Panama rank globally for merchandise exports to low- and middle-income economies outside region?
Europe & Central Asia (IDA & IBRD countries) ranks 19th and Panama ranks 22nd of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Panama: Merchandise exports to low- and middle-income economies outside region. 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-outside-region-percent-of-total/europe-and-central-asia-ida-and-ibrd-countries/panama/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% 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
253 places, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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.