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

OECD members
6.2%
in 2023
Panama
26.5%
in 2023
OECD members rank
8th
Panama rank
11th

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

  • OECD members
  • Panama
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How they compare

Panama currently reports 26.5% against 6.2% in OECD members, a difference of 20.3%.

That makes Panama's figure about 4.3 times OECD members's.

The two have swapped places 3 times across 64 shared years of data; in 1960 it was OECD members ahead.

OECD members ranks 8th and Panama ranks 11th of 47 groups.

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

Head to head by decade

Decade OECD members Panama Difference Ahead
1960s 5.8% 4.5% 1.4% OECD members
1970s 4.2% 20.6% 16.5% Panama
1980s 4.6% 22.4% 17.8% Panama
1990s 4.4% 22.6% 18.3% Panama
2000s 5.0% 27.9% 22.8% Panama
2010s 5.7% 24.8% 19.2% Panama
2020s 5.9% 26.2% 20.4% 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, OECD members or Panama?
Panama, at 26.5% against 6.2% in OECD members as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between OECD members and Panama?
20.3%, with Panama ahead.
How many years of comparable data are there for OECD members and Panama?
64 years are reported by both, from 1960 to 2023.
How do OECD members and Panama rank globally for merchandise imports from low- and middle-income economies in latin?
OECD members ranks 8th and Panama ranks 11th of 47 groups.
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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OECD members 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/oecd-members/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.