Merchandise exports to low- and middle-income economies in Europe & in Panama

Panama: Merchandise exports to low- and middle-income economies in Europe & was 0.0% in 2023. ◆ Volatile

Latest (2023)
0.0%
Change on year
up 305.3%
World rank
171st
of 204 countries
All-time high
2.9%
in 1981
All-time low
0.0%
in 2000
Years of data
26
1981–2023

Merchandise exports to low- and middle-income economies in Europe & in Panama, 1981–2023

01231981200220231981: 2.9 % of total merchandise exports1987: 0.003 % of total merchandise exports1988: 0.01 % of total merchandise exports1995: 1.3 % of total merchandise exports1996: 1.7 % of total merchandise exports1998: 0.048 % of total merchandise exports2000: 0 % of total merchandise exports2004: 0.008 % of total merchandise exports2006: 0.036 % of total merchandise exports2007: 0.222 % of total merchandise exports2008: 0.007 % of total merchandise exports2009: 0.091 % of total merchandise exports2010: 0.139 % of total merchandise exports2011: 0.328 % of total merchandise exports2012: 0.429 % of total merchandise exports2013: 1.5 % of total merchandise exports2014: 1.1 % of total merchandise exports2015: 1.3 % of total merchandise exports2016: 0.555 % of total merchandise exports2017: 0.503 % of total merchandise exports2018: 0.471 % of total merchandise exports2019: 0.414 % of total merchandise exports2020: 0.357 % of total merchandise exports2021: 0.114 % of total merchandise exports2022: 0.011 % of total merchandise exports2023: 0.043 % of total merchandise exports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies in europe & in Panama stood at 0.0%.

That represents a change of up 305.3% on the previous year and down 97.2% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in europe & in Panama peaked at 2.9% in 1981 and was at its lowest, 0.0%, in 2000.

Panama ranks 171st of 204 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 to low- and middle-income economies in Europe & in Panama, year by year

Annual values for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in Panama, 1981 to 2023.
Year % of total merchandise exports Change
1981 2.9%
1987 0.0% -99.9%
1988 0.0% +197.7%
1995 1.3% +12672.3%
1996 1.7% +28.9%
1998 0.0% -97.2%
2000 0.0% -99.0%
2004 0.0% +1722.6%
2006 0.0% +335.6%
2007 0.2% +510.9%
2008 0.0% -96.8%
2009 0.1% +1177.6%
2010 0.1% +51.7%
2011 0.3% +136.7%
2012 0.4% +30.7%
2013 1.5% +255.6%
2014 1.1% -28.0%
2015 1.3% +20.9%
2016 0.6% -58.2%
2017 0.5% -9.3%
2018 0.5% -6.4%
2019 0.4% -12.1%
2020 0.4% -13.9%
2021 0.1% -68.0%
2022 0.0% -90.8%
2023 0.0% +305.3%

Panama compared with similar countries

  • Panama's 0.0% is below the median for high income countries, which is 1.2%, 4% of the median. (74 countries reporting)
  • Panama's 0.0% is below the median for Latin America & Caribbean, which is 0.2%, 24% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in Europe & in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +12672.3% 0.0% 1.3%
2004 +1722.6% 0.0% 0.0%
2009 +1177.6% 0.0% 0.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.0% 0.0% 2.9% 3
1990s 1.0% 0.0% 1.7% 3
2000s 0.1% 0.0% 0.2% 6
2010s 0.7% 0.1% 1.5% 10
2020s 0.1% 0.0% 0.4% 4

Countries ranked near Panama

  1. 168 Zambia 0.1% compare
  2. 169 Fiji 0.0% compare
  3. 170 Namibia 0.0% compare
  4. 172 Saint Kitts and Nevis 0.0% compare
  5. 173 Nicaragua 0.0% compare
  6. 174 Guam 0.0% compare

See the full ranking of 251 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in europe & in Panama?
Merchandise exports to low- and middle-income economies in europe & in Panama was 0.0% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in europe & recorded in Panama?
The highest recorded value was 2.9% in 1981.
What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Panama?
The lowest recorded value was 0.0% in 2000.
How does Panama rank for merchandise exports to low- and middle-income economies in europe &?
Panama ranks 171st out of 204 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in europe & rising or falling in Panama?
Over the last ten years it is down 97.2%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in Europe & in Panama. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-europe-and-central-asia-percent/panama/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,312 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.