Bermuda vs Panama: Value of imported goods as a share of GDP

Bermuda
12.4%
in 2024
Panama
11.5%
in 2024
Bermuda rank
187th
Panama rank
189th

Value of imported goods as a share of GDP over time

  • Bermuda
  • Panama
20406080100196019922024

How they compare

Bermuda currently reports 12.4% against 11.5% in Panama, a difference of 0.9%.

That makes Bermuda's figure about 1.1 times Panama's.

The two have swapped places 8 times across 62 shared years of data; in 1961 it was Bermuda ahead.

Bermuda ranks 187th and Panama ranks 189th of 201 countries.

Bermuda has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Bermuda Panama Difference Ahead
1960s 58.7% 19.9% 38.8% Bermuda
1970s 49.3% 26.7% 22.6% Bermuda
1980s 45.1% 19.2% 25.9% Bermuda
1990s 41.9% 22.6% 19.3% Bermuda
2000s 44.1% 21.9% 22.2% Bermuda
2010s 18.0% 18.0% 0.1% Bermuda
2020s 16.3% 13.0% 3.3% Bermuda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of imported goods as a share of gdp, Bermuda or Panama?
Bermuda, at 12.4% against 11.5% in Panama as of 2024.
What is the difference in value of imported goods as a share of gdp between Bermuda and Panama?
0.9%, with Bermuda ahead.
How many years of comparable data are there for Bermuda and Panama?
62 years are reported by both, from 1961 to 2024.
How do Bermuda and Panama rank globally for value of imported goods as a share of gdp?
Bermuda ranks 187th and Panama ranks 189th of 201 countries.
Where does this data come from?
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as Value of imported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bermuda vs Panama: Value of imported goods as a share of GDP. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/bermuda/panama/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).