Panama vs Philippines: Imports of goods and services

Panama
39.3%
in 2024
Philippines
40.2%
in 2025
Panama rank
111th
Philippines rank
110th

Imports of goods and services over time

  • Panama
  • Philippines
20406080196019922025

How they compare

Philippines currently reports 40.2% against 39.3% in Panama, a difference of 0.9%.

The two have swapped places 3 times across 44 shared years of data; in 1981 it was Panama ahead.

Panama ranks 111th and Philippines ranks 110th of 193 countries.

Panama has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Panama Philippines Difference Ahead
1980s 53.3% 18.5% 34.8% Panama
1990s 76.9% 31.7% 45.2% Panama
2000s 69.7% 40.3% 29.4% Panama
2010s 58.2% 34.3% 23.8% Panama
2020s 39.7% 39.1% 0.6% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports of goods and services, Panama or Philippines?
Philippines, at 40.2% against 39.3% in Panama as of 2025.
What is the difference in imports of goods and services between Panama and Philippines?
0.9%, with Philippines ahead.
How many years of comparable data are there for Panama and Philippines?
44 years are reported by both, from 1981 to 2024.
How do Panama and Philippines rank globally for imports of goods and services?
Panama ranks 111th and Philippines ranks 110th 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.

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Panama vs Philippines: Imports of goods and services. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/imports-of-goods-and-services-percent-of-gdp/panama/philippines/

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About this data

Indicator
Imports of goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 11,455 data points, 1960–2025
Last refreshed

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.