Merchandise imports from low- and middle-income economies in South in Panama
Panama: Merchandise imports from low- and middle-income economies in South was 2.0% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in South in Panama, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Panama recorded 2.0% for merchandise imports from low- and middle-income economies in south in 2023. That is the highest value across all 64 years on record.
That represents a change of up 29.5% on the previous year and up 184.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in south in Panama peaked at 2.0% in 2023 and was at its lowest, 0.0%, in 1984.
That places Panama 106th out of 205 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in South in Panama, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.2% | — |
| 1961 | 0.1% | -55.3% |
| 1962 | 0.2% | +61.8% |
| 1963 | 0.2% | +24.1% |
| 1964 | 0.3% | +60.2% |
| 1965 | 0.2% | -27.7% |
| 1966 | 0.2% | -33.7% |
| 1967 | 0.1% | -36.1% |
| 1968 | 0.6% | +509.0% |
| 1969 | 0.2% | -65.5% |
| 1970 | 0.2% | +0.1% |
| 1971 | 0.2% | -29.5% |
| 1972 | 0.1% | -3.3% |
| 1973 | 0.2% | +7.1% |
| 1974 | 0.1% | -22.4% |
| 1975 | 0.1% | -30.1% |
| 1976 | 0.1% | -7.0% |
| 1977 | 0.1% | +16.4% |
| 1978 | 0.1% | -11.3% |
| 1979 | 0.1% | +14.0% |
| 1980 | 0.1% | -18.9% |
| 1981 | 0.1% | -25.2% |
| 1982 | 0.0% | -19.6% |
| 1983 | 0.0% | -35.4% |
| 1984 | 0.0% | -39.4% |
| 1985 | 0.0% | +177.0% |
| 1986 | 0.1% | +153.7% |
| 1987 | 0.3% | +120.8% |
| 1988 | 0.0% | -82.6% |
| 1989 | 0.1% | +50.4% |
| 1990 | 0.1% | +1.7% |
| 1991 | 0.1% | +33.6% |
| 1992 | 0.1% | +3.4% |
| 1993 | 0.1% | -18.7% |
| 1994 | 0.1% | +37.7% |
| 1995 | 0.1% | -38.5% |
| 1996 | 0.1% | +20.6% |
| 1997 | 0.1% | -0.3% |
| 1998 | 0.1% | +52.0% |
| 1999 | 0.1% | -12.7% |
| 2000 | 0.1% | +21.1% |
| 2001 | 0.2% | +13.7% |
| 2002 | 0.1% | -24.5% |
| 2003 | 0.2% | +63.3% |
| 2004 | 0.3% | +53.4% |
| 2005 | 0.3% | -1.7% |
| 2006 | 0.3% | +16.2% |
| 2007 | 0.3% | -22.1% |
| 2008 | 0.4% | +45.4% |
| 2009 | 0.5% | +23.5% |
| 2010 | 0.4% | -23.0% |
| 2011 | 0.4% | +17.9% |
| 2012 | 0.6% | +36.5% |
| 2013 | 0.7% | +21.0% |
| 2014 | 0.8% | +15.8% |
| 2015 | 1.2% | +47.8% |
| 2016 | 1.4% | +17.0% |
| 2017 | 1.3% | -8.0% |
| 2018 | 1.2% | -8.7% |
| 2019 | 1.2% | +2.1% |
| 2020 | 1.3% | +5.8% |
| 2021 | 1.4% | +7.0% |
| 2022 | 1.5% | +13.1% |
| 2023 | 2.0% | +29.5% |
Panama compared with similar countries
- Panama's 2.0% is above the median for high income countries, which is 1.3%, 1.6× the median. (73 countries reporting)
- Panama's 2.0% is above the median for Latin America & Caribbean, which is 1.8%, 1.1× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in South 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 |
|---|---|---|---|
| 1968 | +509.0% | 0.1% | 0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2% | 0.1% | 0.6% | 10 |
| 1970s | 0.1% | 0.1% | 0.2% | 10 |
| 1980s | 0.1% | 0.0% | 0.3% | 10 |
| 1990s | 0.1% | 0.1% | 0.1% | 10 |
| 2000s | 0.3% | 0.1% | 0.5% | 10 |
| 2010s | 0.9% | 0.4% | 1.4% | 10 |
| 2020s | 1.5% | 1.3% | 2.0% | 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 imports from low- and middle-income economies in south in Panama?
- Merchandise imports from low- and middle-income economies in south in Panama was 2.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in south recorded in Panama?
- The highest recorded value was 2.0% in 2023.
- What is the lowest merchandise imports from low- and middle-income economies in south recorded in Panama?
- The lowest recorded value was 0.0% in 1984.
- How does Panama rank for merchandise imports from low- and middle-income economies in south?
- Panama ranks 106th out of 205 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in south rising or falling in Panama?
- Over the last ten years it is up 184.7%. 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 imports from low- and middle-income economies in South Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.