Panama vs Venezuela: Merchandise imports from low- and middle-income economies … Latin
Merchandise imports from low- and middle-income economies … Latin over time
- Panama
- Venezuela
How they compare
Venezuela currently reports 27.1% against 26.5% in Panama, a difference of 0.6%.
The two have swapped places 3 times across 64 shared years of data; in 1960 it was Panama ahead.
Panama ranks 11th and Venezuela ranks 9th of 206 countries.
Across the 7 decades both report, Panama averaged higher in 4 and Venezuela in 3.
Head to head by decade
| Decade | Panama | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.5% | 2.5% | 1.9% | Panama |
| 1970s | 20.6% | 6.5% | 14.2% | Panama |
| 1980s | 22.4% | 9.5% | 13.0% | Panama |
| 1990s | 22.6% | 16.6% | 6.1% | Panama |
| 2000s | 27.9% | 30.9% | 3.0% | Venezuela |
| 2010s | 24.8% | 30.7% | 5.9% | Venezuela |
| 2020s | 26.2% | 28.2% | 2.0% | Venezuela |
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, Panama or Venezuela?
- Venezuela, at 27.1% against 26.5% in Panama as of 2023.
- What is the difference in merchandise imports from low- and middle-income economies in latin between Panama and Venezuela?
- 0.6%, with Venezuela ahead.
- How many years of comparable data are there for Panama and Venezuela?
- 64 years are reported by both, from 1960 to 2023.
- How do Panama and Venezuela rank globally for merchandise imports from low- and middle-income economies in latin?
- Panama ranks 11th and Venezuela ranks 9th 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.
Individual pages
About this data
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.