South Korea vs Panama: Imports of goods and services
Imports of goods and services over time
- South Korea
- Panama
How they compare
South Korea currently reports 40.6% against 39.3% in Panama, a difference of 1.3%.
The two have swapped places 1 time across 65 shared years of data; in 1960 it was Panama ahead.
South Korea ranks 108th and Panama ranks 111th of 193 countries.
Panama has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | South Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 16.5% | 57.6% | 41.1% | Panama |
| 1970s | 27.0% | 69.3% | 42.3% | Panama |
| 1980s | 29.3% | 55.3% | 25.9% | Panama |
| 1990s | 25.8% | 76.9% | 51.1% | Panama |
| 2000s | 33.7% | 69.7% | 36.0% | Panama |
| 2010s | 39.9% | 58.2% | 18.3% | Panama |
| 2020s | 38.7% | 39.7% | 1.0% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, South Korea or Panama?
- South Korea, at 40.6% against 39.3% in Panama as of 2025.
- What is the difference in imports of goods and services between South Korea and Panama?
- 1.3%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Panama?
- 65 years are reported by both, from 1960 to 2024.
- How do South Korea and Panama rank globally for imports of goods and services?
- South Korea ranks 108th and Panama ranks 111th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Imports of goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.