Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Panama?

Over the last ten years it is up 133.1%. The long-run trend across the full record is volatile.

Merchandise exports by the reporting economy (current US$), per unit in Panama

Name: Merchandise exports by the reporting economy (current US$), per unit in Panama
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Panama: Merchandise exports by the reporting economy (current US$), per unit was 0.0393 current US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)

0.0393 current US$ per US$ of GDP

Change on year

down 16.2%

World rank

176th

of 202 countries

All-time high

0.3236 current US$ per US$ of GDP

in 1996

All-time low

0.0095 current US$ per US$ of GDP

in 2019

Years of data

1960–2023

Merchandise exports by the reporting economy (current US$), per unit in Panama, 1960–2023

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Panama recorded 0.0393 current US$ per US$ of GDP for merchandise exports by the reporting economy (current us$), per unit in 2023.

The figure is down 16.2% on the previous year and up 133.1% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Panama peaked at 0.3236 current US$ per US$ of GDP in 1996 and was at its lowest, 0.0095 current US$ per US$ of GDP, in 2019.

Panama ranks 176th of 202 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports by the reporting economy (current US$), per unit in Panama, year by year

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Panama, 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.0359 current US$ per US$ of GDP	—
1961	0.0359 current US$ per US$ of GDP	-0.1%
1962	0.0521 current US$ per US$ of GDP	+45.3%
1963	0.0553 current US$ per US$ of GDP	+6.1%
1964	0.0713 current US$ per US$ of GDP	+28.7%
1965	0.0733 current US$ per US$ of GDP	+2.9%
1966	0.0775 current US$ per US$ of GDP	+5.7%
1967	0.0746 current US$ per US$ of GDP	-3.7%
1968	0.0783 current US$ per US$ of GDP	+4.9%
1969	0.0841 current US$ per US$ of GDP	+7.5%
1970	0.0747 current US$ per US$ of GDP	-11.3%
1971	0.0727 current US$ per US$ of GDP	-2.6%
1972	0.0708 current US$ per US$ of GDP	-2.7%
1973	0.0671 current US$ per US$ of GDP	-5.2%
1974	0.0753 current US$ per US$ of GDP	+12.2%
1975	0.1009 current US$ per US$ of GDP	+33.9%
1976	0.0776 current US$ per US$ of GDP	-23.1%
1977	0.0763 current US$ per US$ of GDP	-1.8%
1978	0.0673 current US$ per US$ of GDP	-11.8%
1979	0.066 current US$ per US$ of GDP	-1.8%
1980	0.0632 current US$ per US$ of GDP	-4.3%
1981	0.0539 current US$ per US$ of GDP	-14.8%
1982	0.0397 current US$ per US$ of GDP	-26.3%
1983	0.041 current US$ per US$ of GDP	+3.2%
1984	0.0377 current US$ per US$ of GDP	-7.9%
1985	0.0431 current US$ per US$ of GDP	+14.3%
1986	0.0456 current US$ per US$ of GDP	+5.6%
1987	0.0466 current US$ per US$ of GDP	+2.2%
1988	0.0444 current US$ per US$ of GDP	-4.6%
1989	0.0455 current US$ per US$ of GDP	+2.4%
1990	0.0459 current US$ per US$ of GDP	+0.8%
1991	0.0441 current US$ per US$ of GDP	-3.8%
1992	0.0548 current US$ per US$ of GDP	+24.1%
1993	0.0534 current US$ per US$ of GDP	-2.6%
1994	0.0513 current US$ per US$ of GDP	-3.9%
1995	0.2115 current US$ per US$ of GDP	+312.7%
1996	0.3236 current US$ per US$ of GDP	+53.0%
1997	0.0595 current US$ per US$ of GDP	-81.6%
1998	0.0598 current US$ per US$ of GDP	+0.4%
1999	0.0562 current US$ per US$ of GDP	-5.9%
2000	0.0595 current US$ per US$ of GDP	+5.8%
2001	0.0633 current US$ per US$ of GDP	+6.4%
2002	0.0559 current US$ per US$ of GDP	-11.7%
2003	0.0563 current US$ per US$ of GDP	+0.7%
2004	0.0563 current US$ per US$ of GDP	+0.1%
2005	0.0551 current US$ per US$ of GDP	-2.3%
2006	0.0497 current US$ per US$ of GDP	-9.7%
2007	0.0468 current US$ per US$ of GDP	-5.8%
2008	0.0425 current US$ per US$ of GDP	-9.4%
2009	0.0281 current US$ per US$ of GDP	-33.7%
2010	0.0229 current US$ per US$ of GDP	-18.5%
2011	0.0208 current US$ per US$ of GDP	-9.5%
2012	0.0186 current US$ per US$ of GDP	-10.3%
2013	0.0169 current US$ per US$ of GDP	-9.4%
2014	0.0151 current US$ per US$ of GDP	-10.2%
2015	0.012 current US$ per US$ of GDP	-21.0%
2016	0.0103 current US$ per US$ of GDP	-14.1%
2017	0.0099 current US$ per US$ of GDP	-3.7%
2018	0.0095 current US$ per US$ of GDP	-3.8%
2019	0.0095 current US$ per US$ of GDP	-0.2%
2020	0.0295 current US$ per US$ of GDP	+209.8%
2021	0.0552 current US$ per US$ of GDP	+87.3%
2022	0.0469 current US$ per US$ of GDP	-15.1%
2023	0.0393 current US$ per US$ of GDP	-16.2%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0638 current US$ per US$ of GDP	0.0359 current US$ per US$ of GDP	0.0841 current US$ per US$ of GDP	10
1970s	0.0749 current US$ per US$ of GDP	0.066 current US$ per US$ of GDP	0.1009 current US$ per US$ of GDP	10
1980s	0.0461 current US$ per US$ of GDP	0.0377 current US$ per US$ of GDP	0.0632 current US$ per US$ of GDP	10
1990s	0.096 current US$ per US$ of GDP	0.0441 current US$ per US$ of GDP	0.3236 current US$ per US$ of GDP	10
2000s	0.0514 current US$ per US$ of GDP	0.0281 current US$ per US$ of GDP	0.0633 current US$ per US$ of GDP	10
2010s	0.0145 current US$ per US$ of GDP	0.0095 current US$ per US$ of GDP	0.0229 current US$ per US$ of GDP	10
2020s	0.0427 current US$ per US$ of GDP	0.0295 current US$ per US$ of GDP	0.0552 current US$ per US$ of GDP	4

Countries ranked near Panama

173 Burundi 0.0459 current US$ per US$ of GDP compare
174 Central African Republic 0.0454 current US$ per US$ of GDP compare
175 Barbados 0.0444 current US$ per US$ of GDP compare
177 Kuwait 0.0358 current US$ per US$ of GDP compare
178 Liberia 0.035 current US$ per US$ of GDP compare
179 Antigua and Barbuda 0.0347 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Panama

Merchandise trade 41.6% (2025)
Food imports 18.7% (2024)
Manufactures imports 60.2% (2024)
Merchandise imports 25.76 billion current US$ (2025)
Food exports 73.6% (2024)
Manufactures exports 10.9% (2024)
Merchandise exports 11.90 billion current US$ (2025)
Merchandise exports (current US$), per capita 2,604 current US$ per person (2025)
Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
Merchandise exports (current US$), annual growth rate -9.7 % change on previous year (2025)

All data for Panama →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), per unit in Panama?: Merchandise exports by the reporting economy (current us$), per unit in Panama was 0.0393 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Panama?: The highest recorded value was 0.3236 current US$ per US$ of GDP in 1996.
What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Panama?: The lowest recorded value was 0.0095 current US$ per US$ of GDP in 2019.
How does Panama rank for merchandise exports by the reporting economy (current us$), per unit?: Panama ranks 176th out of 202 countries with data for 2023.
Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Panama?: Over the last ten years it is up 133.1%. The long-run trend across the full record is volatile.
Where does this Panama data come from?: The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy (current US$), per unit in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/panama/

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How this figure is calculated

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)

Computed from

Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 249 places, 12,888 data points, 1960–2023
Last refreshed: 21 August 2026

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.