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

Over the last ten years it is down 37.1%. The long-run trend across the full record is falling.

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

Name: Merchandise imports 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 imports by the reporting economy (current US$), per unit was 0.1237 current US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)

0.1237 current US$ per US$ of GDP

Change on year

down 15.4%

World rank

191st

of 202 countries

All-time high

0.329 current US$ per US$ of GDP

in 1974

All-time low

0.1139 current US$ per US$ of GDP

in 2020

Years of data

1960–2023

Merchandise imports 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 0.1237 current US$ per US$ of GDP for merchandise imports by the reporting economy (current us$), per unit in 2023.

The figure is down 15.4% on the previous year and down 37.1% over ten years.

Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Panama peaked at 0.329 current US$ per US$ of GDP in 1974 and was at its lowest, 0.1139 current US$ per US$ of GDP, in 2020.

Panama ranks 191st of 202 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 64 years of available data.

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

Annual values for Merchandise imports by the reporting economy (current US$), per unit of GDP in Panama, 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.1757 current US$ per US$ of GDP	—
1961	0.1763 current US$ per US$ of GDP	+0.3%
1962	0.2002 current US$ per US$ of GDP	+13.6%
1963	0.2184 current US$ per US$ of GDP	+9.1%
1964	0.2116 current US$ per US$ of GDP	-3.1%
1965	0.213 current US$ per US$ of GDP	+0.7%
1966	0.2212 current US$ per US$ of GDP	+3.8%
1967	0.2072 current US$ per US$ of GDP	-6.4%
1968	0.2055 current US$ per US$ of GDP	-0.8%
1969	0.217 current US$ per US$ of GDP	+5.6%
1970	0.2288 current US$ per US$ of GDP	+5.4%
1971	0.2229 current US$ per US$ of GDP	-2.6%
1972	0.225 current US$ per US$ of GDP	+0.9%
1973	0.2251 current US$ per US$ of GDP	+0.0%
1974	0.329 current US$ per US$ of GDP	+46.1%
1975	0.326 current US$ per US$ of GDP	-0.9%
1976	0.2973 current US$ per US$ of GDP	-8.8%
1977	0.2824 current US$ per US$ of GDP	-5.0%
1978	0.2551 current US$ per US$ of GDP	-9.7%
1979	0.2853 current US$ per US$ of GDP	+11.8%
1980	0.282 current US$ per US$ of GDP	-1.2%
1981	0.2646 current US$ per US$ of GDP	-6.2%
1982	0.2422 current US$ per US$ of GDP	-8.5%
1983	0.2071 current US$ per US$ of GDP	-14.5%
1984	0.1963 current US$ per US$ of GDP	-5.2%
1985	0.1831 current US$ per US$ of GDP	-6.7%
1986	0.1601 current US$ per US$ of GDP	-12.6%
1987	0.1652 current US$ per US$ of GDP	+3.2%
1988	0.1172 current US$ per US$ of GDP	-29.1%
1989	0.1304 current US$ per US$ of GDP	+11.3%
1990	0.185 current US$ per US$ of GDP	+41.9%
1991	0.1896 current US$ per US$ of GDP	+2.5%
1992	0.2003 current US$ per US$ of GDP	+5.6%
1993	0.1969 current US$ per US$ of GDP	-1.7%
1994	0.2104 current US$ per US$ of GDP	+6.9%
1995	0.2221 current US$ per US$ of GDP	+5.6%
1996	0.2566 current US$ per US$ of GDP	+15.5%
1997	0.255 current US$ per US$ of GDP	-0.6%
1998	0.2644 current US$ per US$ of GDP	+3.7%
1999	0.2569 current US$ per US$ of GDP	-2.8%
2000	0.2564 current US$ per US$ of GDP	-0.2%
2001	0.2074 current US$ per US$ of GDP	-19.1%
2002	0.1983 current US$ per US$ of GDP	-4.4%
2003	0.1884 current US$ per US$ of GDP	-5.0%
2004	0.1812 current US$ per US$ of GDP	-3.9%
2005	0.1755 current US$ per US$ of GDP	-3.1%
2006	0.1827 current US$ per US$ of GDP	+4.1%
2007	0.2363 current US$ per US$ of GDP	+29.3%
2008	0.2568 current US$ per US$ of GDP	+8.7%
2009	0.202 current US$ per US$ of GDP	-21.4%
2010	0.2131 current US$ per US$ of GDP	+5.5%
2011	0.2122 current US$ per US$ of GDP	-0.4%
2012	0.2043 current US$ per US$ of GDP	-3.7%
2013	0.1967 current US$ per US$ of GDP	-3.8%
2014	0.1958 current US$ per US$ of GDP	-0.4%
2015	0.1722 current US$ per US$ of GDP	-12.1%
2016	0.1557 current US$ per US$ of GDP	-9.6%
2017	0.1548 current US$ per US$ of GDP	-0.6%
2018	0.1502 current US$ per US$ of GDP	-3.0%
2019	0.141 current US$ per US$ of GDP	-6.1%
2020	0.1139 current US$ per US$ of GDP	-19.3%
2021	0.1522 current US$ per US$ of GDP	+33.7%
2022	0.1461 current US$ per US$ of GDP	-4.0%
2023	0.1237 current US$ per US$ of GDP	-15.4%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.2046 current US$ per US$ of GDP	0.1757 current US$ per US$ of GDP	0.2212 current US$ per US$ of GDP	10
1970s	0.2677 current US$ per US$ of GDP	0.2229 current US$ per US$ of GDP	0.329 current US$ per US$ of GDP	10
1980s	0.1948 current US$ per US$ of GDP	0.1172 current US$ per US$ of GDP	0.282 current US$ per US$ of GDP	10
1990s	0.2237 current US$ per US$ of GDP	0.185 current US$ per US$ of GDP	0.2644 current US$ per US$ of GDP	10
2000s	0.2085 current US$ per US$ of GDP	0.1755 current US$ per US$ of GDP	0.2568 current US$ per US$ of GDP	10
2010s	0.1796 current US$ per US$ of GDP	0.141 current US$ per US$ of GDP	0.2131 current US$ per US$ of GDP	10
2020s	0.134 current US$ per US$ of GDP	0.1139 current US$ per US$ of GDP	0.1522 current US$ per US$ of GDP	4

Countries ranked near Panama

188 Nigeria 0.1319 current US$ per US$ of GDP compare
189 Russian Federation 0.1281 current US$ per US$ of GDP compare
190 Ethiopia 0.1255 current US$ per US$ of GDP compare
192 Venezuela, Bolivarian Republic of 0.1198 current US$ per US$ of GDP compare
193 Brazil 0.1163 current US$ per US$ of GDP compare
194 Iran, Islamic Republic of 0.1153 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 imports by the reporting economy (current us$), per unit in Panama?: Merchandise imports by the reporting economy (current us$), per unit in Panama was 0.1237 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Panama?: The highest recorded value was 0.329 current US$ per US$ of GDP in 1974.
What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Panama?: The lowest recorded value was 0.1139 current US$ per US$ of GDP in 2020.
How does Panama rank for merchandise imports by the reporting economy (current us$), per unit?: Panama ranks 191st out of 202 countries with data for 2023.
Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Panama?: Over the last ten years it is down 37.1%. The long-run trend across the full record is falling.
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$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise imports 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-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/panama/

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How this figure is calculated

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

Computed from

Merchandise imports 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 imports 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, 12,916 data points, 1960–2023
Last refreshed: 21 August 2026

Merchandise imports 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.