Panama vs Venezuela: Merchandise imports from low- and middle-income economies in Middle

Panama
0.2%
in 2023
Venezuela
0.2%
in 2023
Panama rank
141st
Venezuela rank
138th

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

  • Panama
  • Venezuela
0123196019912023

How they compare

Venezuela currently reports 0.2% against 0.2% in Panama, a difference of 0.0%.

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

The two have swapped places 5 times across 48 shared years of data; in 1962 it was Panama ahead.

Panama ranks 141st and Venezuela ranks 138th of 203 countries.

Across the 7 decades both report, Panama averaged higher in 3 and Venezuela in 4.

Head to head by decade

Decade Panama Venezuela Difference Ahead
1960s 1.6% 0.0% 1.6% Panama
1970s 0.3% 0.1% 0.2% Panama
1980s 0.1% 0.1% 0.0% Panama
1990s 0.0% 0.1% 0.1% Venezuela
2000s 0.0% 0.1% 0.1% Venezuela
2010s 0.1% 0.2% 0.2% Venezuela
2020s 0.1% 0.3% 0.2% 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 middle, Panama or Venezuela?
Venezuela, at 0.2% against 0.2% in Panama as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in middle between Panama and Venezuela?
0.0%, with Venezuela ahead.
How many years of comparable data are there for Panama and Venezuela?
48 years are reported by both, from 1962 to 2023.
How do Panama and Venezuela rank globally for merchandise imports from low- and middle-income economies in middle?
Panama ranks 141st and Venezuela ranks 138th of 203 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Venezuela: Merchandise imports from low- and middle-income economies in Middle. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-middle-east-and-north-africa/panama/venezuela-rb/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Middle East & North Africa (% 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
250 places, 12,332 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.