Latin America & Caribbean vs Panama: Merchandise exports to low- and middle-income economies outside region
Merchandise exports to low- and middle-income economies outside region over time
- Latin America & Caribbean
- Panama
How they compare
Panama currently reports 46.2% against 20.7% in Latin America & Caribbean, a difference of 25.5%.
That makes Panama's figure about 2.2 times Latin America & Caribbean's.
The two have swapped places 3 times across 57 shared years of data; in 1966 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 25th and Panama ranks 22nd of 47 groups.
Across the 7 decades both report, Latin America & Caribbean averaged higher in 6 and Panama in 1.
Head to head by decade
| Decade | Latin America & Caribbean | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.4% | 0.1% | 1.2% | Latin America & Caribbean |
| 1970s | 3.5% | 0.9% | 2.7% | Latin America & Caribbean |
| 1980s | 6.1% | 0.4% | 5.7% | Latin America & Caribbean |
| 1990s | 4.7% | 0.9% | 3.8% | Latin America & Caribbean |
| 2000s | 7.6% | 2.8% | 4.8% | Latin America & Caribbean |
| 2010s | 17.0% | 15.4% | 1.6% | Latin America & Caribbean |
| 2020s | 21.1% | 39.7% | 18.6% | 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, Latin America & Caribbean or Panama?
- Panama, at 46.2% against 20.7% in Latin America & Caribbean as of 2023.
- What is the difference in merchandise exports to low- and middle-income economies outside region between Latin America & Caribbean and Panama?
- 25.5%, with Panama ahead.
- How many years of comparable data are there for Latin America & Caribbean and Panama?
- 57 years are reported by both, from 1966 to 2023.
- How do Latin America & Caribbean and Panama rank globally for merchandise exports to low- and middle-income economies outside region?
- Latin America & Caribbean ranks 25th 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.
Individual pages
About this data
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.