IBRD only vs Panama: Merchandise exports to low- and middle-income economies outside region

IBRD only
20.8%
in 2023
Panama
46.2%
in 2023
IBRD only rank
24th
Panama rank
22nd

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

  • IBRD only
  • Panama
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How they compare

Panama currently reports 46.2% against 20.8% in IBRD only, a difference of 25.4%.

That makes Panama's figure about 2.2 times IBRD only's.

The two have swapped places 3 times across 57 shared years of data; in 1966 it was IBRD only ahead.

IBRD only ranks 24th and Panama ranks 22nd of 47 groups.

Across the 7 decades both report, IBRD only averaged higher in 6 and Panama in 1.

Head to head by decade

Decade IBRD only Panama Difference Ahead
1960s 5.3% 0.1% 5.2% IBRD only
1970s 6.3% 0.9% 5.4% IBRD only
1980s 9.9% 0.4% 9.5% IBRD only
1990s 6.9% 0.9% 6.0% IBRD only
2000s 10.8% 2.8% 8.0% IBRD only
2010s 17.4% 15.4% 2.1% IBRD only
2020s 19.2% 39.7% 20.6% 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, IBRD only or Panama?
Panama, at 46.2% against 20.8% in IBRD only as of 2023.
What is the difference in merchandise exports to low- and middle-income economies outside region between IBRD only and Panama?
25.4%, with Panama ahead.
How many years of comparable data are there for IBRD only and Panama?
57 years are reported by both, from 1966 to 2023.
How do IBRD only and Panama rank globally for merchandise exports to low- and middle-income economies outside region?
IBRD only ranks 24th 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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IBRD only vs Panama: Merchandise exports to low- and middle-income economies outside region. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-outside-region-percent-of-total/ibrd-only/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.