Exports of goods and services (constant LCU), per unit of GDP in Panama
Panama: Exports of goods and services (constant LCU), per unit of GDP was 0.4518 constant LCU per US$ of GDP in 2024. ▼ Falling
Exports of goods and services (constant LCU), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for exports of goods and services (constant lcu), per unit of gdp in Panama is 0.4518 constant LCU per US$ of GDP, measured in 2024.
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 lcu), per unit of gdp in Panama peaked at 1.2 constant LCU per US$ of GDP in 1996 and was at its lowest, 0.413 constant LCU per US$ of GDP, in 2019.
Panama ranks 133rd of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Exports of goods and services (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 1.2 constant LCU per US$ of GDP | — |
| 1997 | 1.18 constant LCU per US$ of GDP | -2.1% |
| 1998 | 1.07 constant LCU per US$ of GDP | -9.4% |
| 1999 | 0.8831 constant LCU per US$ of GDP | -17.1% |
| 2000 | 1.03 constant LCU per US$ of GDP | +16.3% |
| 2001 | 1 constant LCU per US$ of GDP | -2.2% |
| 2002 | 0.9253 constant LCU per US$ of GDP | -7.9% |
| 2003 | 0.7733 constant LCU per US$ of GDP | -16.4% |
| 2004 | 0.812 constant LCU per US$ of GDP | +5.0% |
| 2005 | 0.8339 constant LCU per US$ of GDP | +2.7% |
| 2006 | 0.8333 constant LCU per US$ of GDP | -0.1% |
| 2007 | 0.8633 constant LCU per US$ of GDP | +3.6% |
| 2008 | 0.8723 constant LCU per US$ of GDP | +1.0% |
| 2009 | 0.7894 constant LCU per US$ of GDP | -9.5% |
| 2010 | 0.7676 constant LCU per US$ of GDP | -2.8% |
| 2011 | 0.785 constant LCU per US$ of GDP | +2.3% |
| 2012 | 0.733 constant LCU per US$ of GDP | -6.6% |
| 2013 | 0.6207 constant LCU per US$ of GDP | -15.3% |
| 2014 | 0.5242 constant LCU per US$ of GDP | -15.5% |
| 2015 | 0.4851 constant LCU per US$ of GDP | -7.5% |
| 2016 | 0.4314 constant LCU per US$ of GDP | -11.1% |
| 2017 | 0.4207 constant LCU per US$ of GDP | -2.5% |
| 2018 | 0.4235 constant LCU per US$ of GDP | +0.7% |
| 2019 | 0.413 constant LCU per US$ of GDP | -2.5% |
| 2020 | 0.4141 constant LCU per US$ of GDP | +0.3% |
| 2021 | 0.4486 constant LCU per US$ of GDP | +8.3% |
| 2022 | 0.484 constant LCU per US$ of GDP | +7.9% |
| 2023 | 0.4589 constant LCU per US$ of GDP | -5.2% |
| 2024 | 0.4518 constant LCU per US$ of GDP | -1.5% |
Panama compared with similar countries
- Panama's 0.4518 constant LCU per US$ of GDP is below the median for high income countries, which is 0.567 constant LCU per US$ of GDP, 80% of the median. (63 countries reporting)
- Panama's 0.4518 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.9454 constant LCU per US$ of GDP, 48% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.08 constant LCU per US$ of GDP | 0.8831 constant LCU per US$ of GDP | 1.2 constant LCU per US$ of GDP | 4 |
| 2000s | 0.8734 constant LCU per US$ of GDP | 0.7733 constant LCU per US$ of GDP | 1.03 constant LCU per US$ of GDP | 10 |
| 2010s | 0.5604 constant LCU per US$ of GDP | 0.413 constant LCU per US$ of GDP | 0.785 constant LCU per US$ of GDP | 10 |
| 2020s | 0.4515 constant LCU per US$ of GDP | 0.4141 constant LCU per US$ of GDP | 0.484 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 130 Lithuania 0.5201 constant LCU per US$ of GDP compare
- 131 Samoa 0.5054 constant LCU per US$ of GDP compare
- 132 Estonia 0.4943 constant LCU per US$ of GDP compare
- 134 Bermuda 0.436 constant LCU per US$ of GDP compare
- 135 Latvia 0.4264 constant LCU per US$ of GDP compare
- 136 American Samoa 0.4248 constant LCU 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (constant lcu), per unit of gdp in Panama?
- Exports of goods and services (constant lcu), per unit of gdp in Panama was 0.4518 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 1.2 constant LCU per US$ of GDP in 1996.
- What is the lowest exports of goods and services (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.413 constant LCU per US$ of GDP in 2019.
- How does Panama rank for exports of goods and services (constant lcu), per unit of gdp?
- Panama ranks 133rd out of 179 countries with data for 2024.
- Is exports of goods and services (constant lcu), 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.