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

Panama
105.8%
in 2014
Singapore
119.6%
in 2014
Panama rank
15th
Singapore rank
12th

Value of imported goods as a share of GDP over time

  • Panama
  • Singapore
050100150200194619802014

How they compare

Singapore currently reports 119.6% against 105.8% in Panama, a difference of 13.8%.

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

The two have swapped places 4 times across 55 shared years of data; in 1960 it was Singapore ahead.

Panama ranks 15th and Singapore ranks 12th of 193 countries.

Across the 6 decades both report, Panama averaged higher in 2 and Singapore in 4.

Head to head by decade

Decade Panama Singapore Difference Ahead
1960s 51.9% 140.3% 88.3% Singapore
1970s 110.1% 148.8% 38.7% Singapore
1980s 117.9% 164.2% 46.3% Singapore
1990s 157.6% 138.9% 18.7% Panama
2000s 140.5% 144.8% 4.3% Singapore
2010s 158.9% 127.9% 31.0% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of imported goods as a share of gdp, Panama or Singapore?
Singapore, at 119.6% against 105.8% in Panama as of 2014.
What is the difference in value of imported goods as a share of gdp between Panama and Singapore?
13.8%, with Singapore ahead.
How many years of comparable data are there for Panama and Singapore?
55 years are reported by both, from 1960 to 2014.
How do Panama and Singapore rank globally for value of imported goods as a share of gdp?
Panama ranks 15th and Singapore ranks 12th of 193 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed 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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Panama vs Singapore: Value of imported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-gdp-cepii/panama/singapore/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
Fouquin and Hugot (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 12,772 data points, 1827–2014
Last refreshed

Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.