Ghana vs Panama: Merchandise trade

Ghana
42.5%
in 2025
Panama
41.6%
in 2025
Ghana rank
133rd
Panama rank
134th

Merchandise trade over time

  • Ghana
  • Panama
20406080100196019922025

How they compare

Ghana currently reports 42.5% against 41.6% in Panama, a difference of 0.9%.

The two have swapped places 8 times across 66 shared years of data; in 1960 it was Ghana ahead.

Ghana ranks 133rd and Panama ranks 134th of 204 countries.

Across the 7 decades both report, Ghana averaged higher in 5 and Panama in 2.

Head to head by decade

Decade Ghana Panama Difference Ahead
1960s 41.5% 30.6% 10.9% Ghana
1970s 48.9% 39.0% 9.8% Ghana
1980s 41.8% 27.9% 13.9% Ghana
1990s 53.2% 33.5% 19.8% Ghana
2000s 68.8% 64.7% 4.1% Ghana
2010s 52.7% 71.3% 18.6% Panama
2020s 39.9% 49.9% 10.0% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade, Ghana or Panama?
Ghana, at 42.5% against 41.6% in Panama as of 2025.
What is the difference in merchandise trade between Ghana and Panama?
0.9%, with Ghana ahead.
How many years of comparable data are there for Ghana and Panama?
66 years are reported by both, from 1960 to 2025.
How do Ghana and Panama rank globally for merchandise trade?
Ghana ranks 133rd and Panama ranks 134th of 204 countries.
Where does this data come from?
World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Panama: Merchandise trade. Statizoid, drawing on World Trade Organization (WTO). Retrieved 03 September 2026, from https://private-sector.statizoid.com/compare/merchandise-trade-percent-of-gdp/ghana/panama/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.