Exports of goods and services (current US$), per unit of GDP in Panama
Panama: Exports of goods and services (current US$), per unit of GDP was 0.4436 current US$ per US$ of GDP in 2024. ▬ Flat
Latest (2024)
0.4436 current US$ per US$ of GDP
Change on year
down 2.8%
World rank
70th
of 193 countries
All-time high
0.8892 current US$ per US$ of GDP
in 1997
All-time low
0.3627 current US$ per US$ of GDP
in 2020
Years of data
65
1960–2024
Exports of goods and services (current US$), per unit of GDP in Panama, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Panama recorded 0.4436 current US$ per US$ of GDP for exports of goods and services (current us$), per unit of gdp in 2024.
That represents a change of down 2.8% on the previous year and down 19.2% over ten years.
Over the whole period, exports of goods and services (current us$), per unit of gdp in Panama peaked at 0.8892 current US$ per US$ of GDP in 1997 and was at its lowest, 0.3627 current US$ per US$ of GDP, in 2020.
That places Panama 70th out of 193 countries with data for 2024, putting it in the middle of the range.
Exports of goods and services (current US$), per unit of GDP in Panama, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.4579 current US$ per US$ of GDP | — |
| 1961 | 0.4719 current US$ per US$ of GDP | +3.1% |
| 1962 | 0.5318 current US$ per US$ of GDP | +12.7% |
| 1963 | 0.5266 current US$ per US$ of GDP | -1.0% |
| 1964 | 0.5247 current US$ per US$ of GDP | -0.4% |
| 1965 | 0.5444 current US$ per US$ of GDP | +3.7% |
| 1966 | 0.5579 current US$ per US$ of GDP | +2.5% |
| 1967 | 0.5635 current US$ per US$ of GDP | +1.0% |
| 1968 | 0.573 current US$ per US$ of GDP | +1.7% |
| 1969 | 0.5741 current US$ per US$ of GDP | +0.2% |
| 1970 | 0.5579 current US$ per US$ of GDP | -2.8% |
| 1971 | 0.5432 current US$ per US$ of GDP | -2.6% |
| 1972 | 0.5345 current US$ per US$ of GDP | -1.6% |
| 1973 | 0.5357 current US$ per US$ of GDP | +0.2% |
| 1974 | 0.6759 current US$ per US$ of GDP | +26.2% |
| 1975 | 0.6899 current US$ per US$ of GDP | +2.1% |
| 1976 | 0.6285 current US$ per US$ of GDP | -8.9% |
| 1977 | 0.6531 current US$ per US$ of GDP | +3.9% |
| 1978 | 0.5903 current US$ per US$ of GDP | -9.6% |
| 1979 | 0.5895 current US$ per US$ of GDP | -0.1% |
| 1980 | 0.6503 current US$ per US$ of GDP | +10.3% |
| 1981 | 0.6229 current US$ per US$ of GDP | -4.2% |
| 1982 | 0.5681 current US$ per US$ of GDP | -8.8% |
| 1983 | 0.4714 current US$ per US$ of GDP | -17.0% |
| 1984 | 0.4451 current US$ per US$ of GDP | -5.6% |
| 1985 | 0.4544 current US$ per US$ of GDP | +2.1% |
| 1986 | 0.4711 current US$ per US$ of GDP | +3.7% |
| 1987 | 0.4736 current US$ per US$ of GDP | +0.5% |
| 1988 | 0.4981 current US$ per US$ of GDP | +5.2% |
| 1989 | 0.5226 current US$ per US$ of GDP | +4.9% |
| 1990 | 0.5749 current US$ per US$ of GDP | +10.0% |
| 1991 | 0.6435 current US$ per US$ of GDP | +11.9% |
| 1992 | 0.6636 current US$ per US$ of GDP | +3.1% |
| 1993 | 0.6406 current US$ per US$ of GDP | -3.5% |
| 1994 | 0.6604 current US$ per US$ of GDP | +3.1% |
| 1995 | 0.6685 current US$ per US$ of GDP | +1.2% |
| 1996 | 0.8343 current US$ per US$ of GDP | +24.8% |
| 1997 | 0.8892 current US$ per US$ of GDP | +6.6% |
| 1998 | 0.7692 current US$ per US$ of GDP | -13.5% |
| 1999 | 0.6378 current US$ per US$ of GDP | -17.1% |
| 2000 | 0.6896 current US$ per US$ of GDP | +8.1% |
| 2001 | 0.687 current US$ per US$ of GDP | -0.4% |
| 2002 | 0.6283 current US$ per US$ of GDP | -8.5% |
| 2003 | 0.5813 current US$ per US$ of GDP | -7.5% |
| 2004 | 0.6058 current US$ per US$ of GDP | +4.2% |
| 2005 | 0.6824 current US$ per US$ of GDP | +12.6% |
| 2006 | 0.6919 current US$ per US$ of GDP | +1.4% |
| 2007 | 0.7198 current US$ per US$ of GDP | +4.0% |
| 2008 | 0.783 current US$ per US$ of GDP | +8.8% |
| 2009 | 0.6996 current US$ per US$ of GDP | -10.6% |
| 2010 | 0.7003 current US$ per US$ of GDP | +0.1% |
| 2011 | 0.7775 current US$ per US$ of GDP | +11.0% |
| 2012 | 0.7454 current US$ per US$ of GDP | -4.1% |
| 2013 | 0.6456 current US$ per US$ of GDP | -13.4% |
| 2014 | 0.5489 current US$ per US$ of GDP | -15.0% |
| 2015 | 0.4739 current US$ per US$ of GDP | -13.7% |
| 2016 | 0.4174 current US$ per US$ of GDP | -11.9% |
| 2017 | 0.4147 current US$ per US$ of GDP | -0.6% |
| 2018 | 0.4235 current US$ per US$ of GDP | +2.1% |
| 2019 | 0.4021 current US$ per US$ of GDP | -5.0% |
| 2020 | 0.3627 current US$ per US$ of GDP | -9.8% |
| 2021 | 0.4161 current US$ per US$ of GDP | +14.7% |
| 2022 | 0.4803 current US$ per US$ of GDP | +15.4% |
| 2023 | 0.4563 current US$ per US$ of GDP | -5.0% |
| 2024 | 0.4436 current US$ per US$ of GDP | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5326 current US$ per US$ of GDP | 0.4579 current US$ per US$ of GDP | 0.5741 current US$ per US$ of GDP | 10 |
| 1970s | 0.5999 current US$ per US$ of GDP | 0.5345 current US$ per US$ of GDP | 0.6899 current US$ per US$ of GDP | 10 |
| 1980s | 0.5178 current US$ per US$ of GDP | 0.4451 current US$ per US$ of GDP | 0.6503 current US$ per US$ of GDP | 10 |
| 1990s | 0.6982 current US$ per US$ of GDP | 0.5749 current US$ per US$ of GDP | 0.8892 current US$ per US$ of GDP | 10 |
| 2000s | 0.6769 current US$ per US$ of GDP | 0.5813 current US$ per US$ of GDP | 0.783 current US$ per US$ of GDP | 10 |
| 2010s | 0.5549 current US$ per US$ of GDP | 0.4021 current US$ per US$ of GDP | 0.7775 current US$ per US$ of GDP | 10 |
| 2020s | 0.4318 current US$ per US$ of GDP | 0.3627 current US$ per US$ of GDP | 0.4803 current US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 67 Korea 0.4576 current US$ per US$ of GDP compare
- 68 Norway 0.4537 current US$ per US$ of GDP compare
- 69 Namibia 0.4468 current US$ per US$ of GDP compare
- 71 Kosovo 0.4395 current US$ per US$ of GDP compare
- 71 Kosovo (UNSCR 1244) 0.4395 current US$ per US$ of GDP compare
- 73 Portugal 0.4366 current 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)
- Total reserves minus gold (current US$), annual growth rate -8.97 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.069 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,365 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.124 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 2,377 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.124 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is exports of goods and services (current us$), per unit of gdp in Panama?
- Exports of goods and services (current us$), per unit of gdp in Panama was 0.4436 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (current us$), per unit of gdp recorded in Panama?
- The highest recorded value was 0.8892 current US$ per US$ of GDP in 1997.
- What is the lowest exports of goods and services (current us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.3627 current US$ per US$ of GDP in 2020.
- How does Panama rank for exports of goods and services (current us$), per unit of gdp?
- Panama ranks 70th out of 193 countries with data for 2024.
- Is exports of goods and services (current us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 19.2%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.