Panama vs Venezuela, Bolivarian Republic of: Merchandise imports by the reporting economy (current US$), per unit

Panama
0.1237 current US$ per US$ of GDP
in 2023
Venezuela, Bolivarian Republic of
0.1198 current US$ per US$ of GDP
in 2023
Panama rank
191st
Venezuela, Bolivarian Republic of rank
192nd

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

  • Panama
  • Venezuela, Bolivarian Republic of
0.10.150.20.250.30.35196019912023

How they compare

Panama currently reports 0.1237 current US$ per US$ of GDP against 0.1198 current US$ per US$ of GDP in Venezuela, Bolivarian Republic of, a difference of 0.0039 current US$ per US$ of GDP.

The two have swapped places 10 times across 64 shared years of data; in 1960 it was Panama ahead.

Panama ranks 191st and Venezuela, Bolivarian Republic of ranks 192nd of 202 countries.

Across the 7 decades both report, Panama averaged higher in 6 and Venezuela, Bolivarian Republic of in 1.

Head to head by decade

Decade Panama Venezuela, Bolivarian Republic of Difference Ahead
1960s 0.2046 current US$ per US$ of GDP 0.1447 current US$ per US$ of GDP 0.0599 current US$ per US$ of GDP Panama
1970s 0.2677 current US$ per US$ of GDP 0.1958 current US$ per US$ of GDP 0.0719 current US$ per US$ of GDP Panama
1980s 0.1948 current US$ per US$ of GDP 0.1617 current US$ per US$ of GDP 0.0331 current US$ per US$ of GDP Panama
1990s 0.2237 current US$ per US$ of GDP 0.1576 current US$ per US$ of GDP 0.0661 current US$ per US$ of GDP Panama
2000s 0.2085 current US$ per US$ of GDP 0.1411 current US$ per US$ of GDP 0.0674 current US$ per US$ of GDP Panama
2010s 0.1796 current US$ per US$ of GDP 0.1522 current US$ per US$ of GDP 0.0274 current US$ per US$ of GDP Panama
2020s 0.134 current US$ per US$ of GDP 0.1471 current US$ per US$ of GDP 0.0131 current US$ per US$ of GDP Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy (current us$), per unit, Panama or Venezuela, Bolivarian Republic of?
Panama, at 0.1237 current US$ per US$ of GDP against 0.1198 current US$ per US$ of GDP in Venezuela, Bolivarian Republic of as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per unit between Panama and Venezuela, Bolivarian Republic of?
0.0039 current US$ per US$ of GDP, with Panama ahead.
How many years of comparable data are there for Panama and Venezuela, Bolivarian Republic of?
64 years are reported by both, from 1960 to 2023.
How do Panama and Venezuela, Bolivarian Republic of rank globally for merchandise imports by the reporting economy (current us$), per unit?
Panama ranks 191st and Venezuela, Bolivarian Republic of ranks 192nd of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Venezuela, Bolivarian Republic of: 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/panama/venezuela-rb/

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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.