Exports of goods and services (constant 2015 US$), per unit of GDP in Panama
Panama: Exports of goods and services (constant 2015 US$), per unit of GDP was 0.4414 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Exports of goods and services (constant 2015 US$), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, exports of goods and services (constant 2015 us$), per unit of gdp in Panama stood at 0.4414 constant 2015 US$ per US$ of GDP.
Compared with earlier readings it is down 1.5% on the previous year and down 13.8% over ten years.
Over the whole period, exports of goods and services (constant 2015 us$), per unit of gdp in Panama peaked at 1.17 constant 2015 US$ per US$ of GDP in 1996 and was at its lowest, 0.4035 constant 2015 US$ per US$ of GDP, in 2019.
That places Panama 39th out of 172 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Exports of goods and services (constant 2015 US$), per unit of GDP in Panama, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1996 | 1.17 constant 2015 US$ per US$ of GDP | — |
| 1997 | 1.15 constant 2015 US$ per US$ of GDP | -2.1% |
| 1998 | 1.04 constant 2015 US$ per US$ of GDP | -9.4% |
| 1999 | 0.8627 constant 2015 US$ per US$ of GDP | -17.1% |
| 2000 | 1 constant 2015 US$ per US$ of GDP | +16.3% |
| 2001 | 0.9812 constant 2015 US$ per US$ of GDP | -2.2% |
| 2002 | 0.9039 constant 2015 US$ per US$ of GDP | -7.9% |
| 2003 | 0.7554 constant 2015 US$ per US$ of GDP | -16.4% |
| 2004 | 0.7932 constant 2015 US$ per US$ of GDP | +5.0% |
| 2005 | 0.8146 constant 2015 US$ per US$ of GDP | +2.7% |
| 2006 | 0.814 constant 2015 US$ per US$ of GDP | -0.1% |
| 2007 | 0.8433 constant 2015 US$ per US$ of GDP | +3.6% |
| 2008 | 0.8521 constant 2015 US$ per US$ of GDP | +1.0% |
| 2009 | 0.7712 constant 2015 US$ per US$ of GDP | -9.5% |
| 2010 | 0.7499 constant 2015 US$ per US$ of GDP | -2.8% |
| 2011 | 0.7668 constant 2015 US$ per US$ of GDP | +2.3% |
| 2012 | 0.7161 constant 2015 US$ per US$ of GDP | -6.6% |
| 2013 | 0.6063 constant 2015 US$ per US$ of GDP | -15.3% |
| 2014 | 0.5121 constant 2015 US$ per US$ of GDP | -15.5% |
| 2015 | 0.4739 constant 2015 US$ per US$ of GDP | -7.5% |
| 2016 | 0.4214 constant 2015 US$ per US$ of GDP | -11.1% |
| 2017 | 0.4109 constant 2015 US$ per US$ of GDP | -2.5% |
| 2018 | 0.4137 constant 2015 US$ per US$ of GDP | +0.7% |
| 2019 | 0.4035 constant 2015 US$ per US$ of GDP | -2.5% |
| 2020 | 0.4045 constant 2015 US$ per US$ of GDP | +0.3% |
| 2021 | 0.4382 constant 2015 US$ per US$ of GDP | +8.3% |
| 2022 | 0.4728 constant 2015 US$ per US$ of GDP | +7.9% |
| 2023 | 0.4483 constant 2015 US$ per US$ of GDP | -5.2% |
| 2024 | 0.4414 constant 2015 US$ per US$ of GDP | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.06 constant 2015 US$ per US$ of GDP | 0.8627 constant 2015 US$ per US$ of GDP | 1.17 constant 2015 US$ per US$ of GDP | 4 |
| 2000s | 0.8533 constant 2015 US$ per US$ of GDP | 0.7554 constant 2015 US$ per US$ of GDP | 1 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.5474 constant 2015 US$ per US$ of GDP | 0.4035 constant 2015 US$ per US$ of GDP | 0.7668 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.441 constant 2015 US$ per US$ of GDP | 0.4045 constant 2015 US$ per US$ of GDP | 0.4728 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 36 Libya 0.4705 constant 2015 US$ per US$ of GDP compare
- 37 Oman 0.4677 constant 2015 US$ per US$ of GDP compare
- 38 Belize 0.4652 constant 2015 US$ per US$ of GDP compare
- 40 Latvia 0.4394 constant 2015 US$ per US$ of GDP compare
- 41 Mongolia 0.4388 constant 2015 US$ per US$ of GDP compare
- 42 Bermuda 0.4343 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (constant 2015 us$), per unit of gdp in Panama?
- Exports of goods and services (constant 2015 us$), per unit of gdp in Panama was 0.4414 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (constant 2015 us$), per unit of gdp recorded in Panama?
- The highest recorded value was 1.17 constant 2015 US$ per US$ of GDP in 1996.
- What is the lowest exports of goods and services (constant 2015 us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.4035 constant 2015 US$ per US$ of GDP in 2019.
- How does Panama rank for exports of goods and services (constant 2015 us$), per unit of gdp?
- Panama ranks 39th out of 172 countries with data for 2024.
- Is exports of goods and services (constant 2015 us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.