Nigeria vs Panama: Merchandise imports by the reporting economy (current US$), per unit

Nigeria
0.1319 current US$ per US$ of GDP
in 2023
Panama
0.1237 current US$ per US$ of GDP
in 2023
Nigeria rank
188th
Panama rank
191st

Merchandise imports by the reporting economy (current US$), per unit over time

  • Nigeria
  • Panama
00.10.20.3196019912023

How they compare

Nigeria currently reports 0.1319 current US$ per US$ of GDP against 0.1237 current US$ per US$ of GDP in Panama, a difference of 0.0082 current US$ per US$ of GDP.

That makes Nigeria's figure about 1.1 times Panama's.

The two have swapped places 5 times across 63 shared years of data; in 1960 it was Panama ahead.

Nigeria ranks 188th and Panama ranks 191st of 202 countries.

Panama has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Nigeria Panama Difference Ahead
1960s 0.1108 current US$ per US$ of GDP 0.2046 current US$ per US$ of GDP 0.0938 current US$ per US$ of GDP Panama
1970s 0.1801 current US$ per US$ of GDP 0.2677 current US$ per US$ of GDP 0.0876 current US$ per US$ of GDP Panama
1980s 0.0796 current US$ per US$ of GDP 0.1851 current US$ per US$ of GDP 0.1056 current US$ per US$ of GDP Panama
1990s 0.0807 current US$ per US$ of GDP 0.2237 current US$ per US$ of GDP 0.143 current US$ per US$ of GDP Panama
2000s 0.1549 current US$ per US$ of GDP 0.2085 current US$ per US$ of GDP 0.0536 current US$ per US$ of GDP Panama
2010s 0.144 current US$ per US$ of GDP 0.1796 current US$ per US$ of GDP 0.0357 current US$ per US$ of GDP Panama
2020s 0.1017 current US$ per US$ of GDP 0.134 current US$ per US$ of GDP 0.0323 current US$ per US$ of GDP Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy (current us$), per unit, Nigeria or Panama?
Nigeria, at 0.1319 current US$ per US$ of GDP against 0.1237 current US$ per US$ of GDP in Panama as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per unit between Nigeria and Panama?
0.0082 current US$ per US$ of GDP, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Panama?
63 years are reported by both, from 1960 to 2023.
How do Nigeria and Panama rank globally for merchandise imports by the reporting economy (current us$), per unit?
Nigeria ranks 188th and Panama ranks 191st of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Panama: Merchandise imports by the reporting economy (current US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/nigeria/panama/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,916 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.