Merchandise exports to low- and middle-income economies in Middle in Panama
Panama: Merchandise exports to low- and middle-income economies in Middle was 0.0% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Middle in Panama, 1969–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Panama recorded 0.0% for merchandise exports to low- and middle-income economies in middle in 2023. That is the lowest value across all 42 years on record.
That represents a change of down 98.7% on the previous year and down 99.8% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in middle in Panama peaked at 2.1% in 1978 and was at its lowest, 0.0%, in 2023.
That places Panama 192nd out of 204 countries with data for 2023, putting it 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 Middle in Panama, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1969 | 0.2% | — |
| 1972 | 0.1% | -12.2% |
| 1973 | 0.3% | +149.7% |
| 1974 | 0.5% | +34.4% |
| 1975 | 1.1% | +143.2% |
| 1976 | 1.3% | +10.7% |
| 1977 | 0.7% | -46.4% |
| 1978 | 2.1% | +214.6% |
| 1979 | 0.2% | -92.3% |
| 1981 | 0.0% | -76.0% |
| 1982 | 0.1% | +245.2% |
| 1988 | 0.1% | -13.5% |
| 1989 | 0.1% | -40.4% |
| 1991 | 0.0% | -96.6% |
| 1992 | 0.1% | +5777.9% |
| 1994 | 0.0% | -97.6% |
| 1995 | 0.1% | +3771.3% |
| 1996 | 0.3% | +116.3% |
| 1998 | 0.1% | -62.6% |
| 1999 | 0.1% | -44.3% |
| 2000 | 0.0% | -50.1% |
| 2001 | 0.0% | -62.2% |
| 2002 | 0.0% | -27.3% |
| 2003 | 0.1% | +802.1% |
| 2004 | 0.0% | -88.7% |
| 2005 | 0.2% | +1871.0% |
| 2007 | 0.1% | -7.8% |
| 2008 | 0.1% | -46.6% |
| 2009 | 0.1% | -34.1% |
| 2010 | 0.0% | -17.3% |
| 2011 | 0.2% | +351.3% |
| 2012 | 0.5% | +142.7% |
| 2014 | 0.0% | -89.6% |
| 2015 | 0.2% | +219.3% |
| 2016 | 0.0% | -88.3% |
| 2017 | 0.2% | +1231.4% |
| 2018 | 0.3% | +26.3% |
| 2019 | 0.2% | -43.4% |
| 2020 | 0.0% | -72.1% |
| 2021 | 0.0% | -76.3% |
| 2022 | 0.1% | +571.6% |
| 2023 | 0.0% | -98.7% |
Panama compared with similar countries
- Panama's 0.0% is below the median for high income countries, which is 0.7%, 0% of the median. (74 countries reporting)
- Panama's 0.0% is below the median for Latin America & Caribbean, which is 0.1%, 1% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Middle 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.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +5777.9% | 0.0% | 0.1% |
| 1995 | +3771.3% | 0.0% | 0.1% |
| 2005 | +1871.0% | 0.0% | 0.2% |
| 2017 | +1231.4% | 0.0% | 0.2% |
| 2003 | +802.1% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2% | 0.2% | 0.2% | 1 |
| 1970s | 0.8% | 0.1% | 2.1% | 8 |
| 1980s | 0.1% | 0.0% | 0.1% | 4 |
| 1990s | 0.1% | 0.0% | 0.3% | 7 |
| 2000s | 0.1% | 0.0% | 0.2% | 9 |
| 2010s | 0.2% | 0.0% | 0.5% | 9 |
| 2020s | 0.0% | 0.0% | 0.1% | 4 |
Countries ranked near Panama
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)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in middle in Panama?
- Merchandise exports to low- and middle-income economies in middle 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 middle recorded in Panama?
- The highest recorded value was 2.1% in 1978.
- What is the lowest merchandise exports to low- and middle-income economies in middle recorded in Panama?
- The lowest recorded value was 0.0% in 2023.
- How does Panama rank for merchandise exports to low- and middle-income economies in middle?
- Panama ranks 192nd out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in middle rising or falling in Panama?
- Over the last ten years it is down 99.8%. 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 Middle East & North Africa (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.