Ecuador vs Panama: Merchandise imports from low- and middle-income economies in Latin

Ecuador
21.5%
in 2023
Panama
26.5%
in 2023
Ecuador rank
14th
Panama rank
11th

Merchandise imports from low- and middle-income economies in Latin over time

  • Ecuador
  • Panama
0102030196019912023

How they compare

Panama currently reports 26.5% against 21.5% in Ecuador, a difference of 5.0%.

That makes Panama's figure about 1.2 times Ecuador's.

The two have swapped places 20 times across 64 shared years of data; in 1960 it was Panama ahead.

Ecuador ranks 14th and Panama ranks 11th of 206 countries.

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

Head to head by decade

Decade Ecuador Panama Difference Ahead
1960s 4.1% 4.5% 0.3% Panama
1970s 10.8% 20.6% 9.8% Panama
1980s 15.7% 22.4% 6.7% Panama
1990s 20.1% 22.6% 2.5% Panama
2000s 28.3% 27.9% 0.4% Ecuador
2010s 23.3% 24.8% 1.6% Panama
2020s 21.7% 26.2% 4.5% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in latin, Ecuador or Panama?
Panama, at 26.5% against 21.5% in Ecuador as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Ecuador and Panama?
5.0%, with Panama ahead.
How many years of comparable data are there for Ecuador and Panama?
64 years are reported by both, from 1960 to 2023.
How do Ecuador and Panama rank globally for merchandise imports from low- and middle-income economies in latin?
Ecuador ranks 14th and Panama ranks 11th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Panama: Merchandise imports from low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/ecuador/panama/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.