Merchandise imports by the reporting economy (current US$), annual in Panama
Panama: Merchandise imports by the reporting economy (current US$), annual was -7.24 % change on previous year in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), annual in Panama, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded -7.24 % change on previous year for merchandise imports by the reporting economy (current us$), annual in 2023.
That represents a change of down 181.2% on the previous year and down 183.9% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), annual in Panama peaked at 67.11 % change on previous year in 1974 and was at its lowest, -38.7 % change on previous year, in 1988.
That places Panama 155th out of 206 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), annual in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 11.89 % change on previous year | — |
| 1962 | 23.65 % change on previous year | +98.9% |
| 1963 | 20.89 % change on previous year | -11.6% |
| 1964 | 4.04 % change on previous year | -80.7% |
| 1965 | 10.58 % change on previous year | +161.8% |
| 1966 | 13.14 % change on previous year | +24.2% |
| 1967 | 4.28 % change on previous year | -67.4% |
| 1968 | 6.72 % change on previous year | +57.0% |
| 1969 | 15.9 % change on previous year | +136.4% |
| 1970 | 16.65 % change on previous year | +4.7% |
| 1971 | 9.87 % change on previous year | -40.7% |
| 1972 | 10.85 % change on previous year | +9.9% |
| 1973 | 14.41 % change on previous year | +32.8% |
| 1974 | 67.11 % change on previous year | +365.6% |
| 1975 | 10.27 % change on previous year | -84.7% |
| 1976 | -3.06 % change on previous year | -129.8% |
| 1977 | 0.4729 % change on previous year | -115.4% |
| 1978 | 7.05 % change on previous year | +1391.5% |
| 1979 | 27.67 % change on previous year | +292.3% |
| 1980 | 23.12 % change on previous year | -16.5% |
| 1981 | 6.21 % change on previous year | -73.1% |
| 1982 | 1.14 % change on previous year | -81.7% |
| 1983 | -12.22 % change on previous year | -1174.5% |
| 1984 | -1.07 % change on previous year | -91.2% |
| 1985 | -1.33 % change on previous year | +24.2% |
| 1986 | -9.12 % change on previous year | +586.6% |
| 1987 | 3.65 % change on previous year | -140.0% |
| 1988 | -38.7 % change on previous year | -1159.5% |
| 1989 | 11.57 % change on previous year | -129.9% |
| 1990 | 54.22 % change on previous year | +368.7% |
| 1991 | 12.72 % change on previous year | -76.5% |
| 1992 | 20.07 % change on previous year | +57.7% |
| 1993 | 7.35 % change on previous year | -63.4% |
| 1994 | 13.97 % change on previous year | +90.1% |
| 1995 | 7.92 % change on previous year | -43.4% |
| 1996 | 10.97 % change on previous year | +38.6% |
| 1997 | 8.69 % change on previous year | -20.7% |
| 1998 | 13.57 % change on previous year | +56.1% |
| 1999 | 2.85 % change on previous year | -79.0% |
| 2000 | 2.4 % change on previous year | -15.9% |
| 2001 | -17.18 % change on previous year | -816.5% |
| 2002 | -0.1004 % change on previous year | -99.4% |
| 2003 | 0.9904 % change on previous year | -1086.9% |
| 2004 | 6.71 % change on previous year | +577.8% |
| 2005 | 6.66 % change on previous year | -0.8% |
| 2006 | 16.85 % change on previous year | +152.9% |
| 2007 | 50.5 % change on previous year | +199.7% |
| 2008 | 28.74 % change on previous year | -43.1% |
| 2009 | -15.02 % change on previous year | -152.3% |
| 2010 | 14.75 % change on previous year | -198.2% |
| 2011 | 17.57 % change on previous year | +19.2% |
| 2012 | 12.23 % change on previous year | -30.4% |
| 2013 | 8.64 % change on previous year | -29.4% |
| 2014 | 9.06 % change on previous year | +5.0% |
| 2015 | -4.66 % change on previous year | -151.4% |
| 2016 | -3.09 % change on previous year | -33.7% |
| 2017 | 7.03 % change on previous year | -327.7% |
| 2018 | 1.55 % change on previous year | -77.9% |
| 2019 | -2.69 % change on previous year | -273.3% |
| 2020 | -33.98 % change on previous year | +1163.9% |
| 2021 | 57.93 % change on previous year | -270.5% |
| 2022 | 8.92 % change on previous year | -84.6% |
| 2023 | -7.24 % change on previous year | -181.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.34 % change on previous year | 4.04 % change on previous year | 23.65 % change on previous year | 9 |
| 1970s | 16.13 % change on previous year | -3.06 % change on previous year | 67.11 % change on previous year | 10 |
| 1980s | -1.67 % change on previous year | -38.7 % change on previous year | 23.12 % change on previous year | 10 |
| 1990s | 15.23 % change on previous year | 2.85 % change on previous year | 54.22 % change on previous year | 10 |
| 2000s | 8.05 % change on previous year | -17.18 % change on previous year | 50.5 % change on previous year | 10 |
| 2010s | 6.04 % change on previous year | -4.66 % change on previous year | 17.57 % change on previous year | 10 |
| 2020s | 6.41 % change on previous year | -33.98 % change on previous year | 57.93 % change on previous year | 4 |
Countries ranked near Panama
- 152 Lebanon -6.94 % change on previous year compare
- 153 Egypt -6.96 % change on previous year compare
- 154 Latvia -7.22 % change on previous year compare
- 156 Germany -7.34 % change on previous year compare
- 157 Bulgaria -7.45 % change on previous year compare
- 158 Suriname -7.64 % change on previous year compare
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$), annual growth rate -9.7 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), annual in Panama?
- Merchandise imports by the reporting economy (current us$), annual in Panama was -7.24 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), annual recorded in Panama?
- The highest recorded value was 67.11 % change on previous year in 1974.
- What is the lowest merchandise imports by the reporting economy (current us$), annual recorded in Panama?
- The lowest recorded value was -38.7 % change on previous year in 1988.
- How does Panama rank for merchandise imports by the reporting economy (current us$), annual?
- Panama ranks 155th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), annual rising or falling in Panama?
- Over the last ten years it is down 183.9%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.