Imports of goods and services (constant 2015 US$), annual growth rate in Panama
Panama: Imports of goods and services (constant 2015 US$), annual growth rate was -2.61 % change on previous year in 2024. ◆ Volatile
Imports of goods and services (constant 2015 US$), annual growth rate in Panama, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded -2.61 % change on previous year for imports of goods and services (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is down 138.8% on the previous year and up 44.7% over ten years.
Over the whole period, imports of goods and services (constant 2015 us$), annual growth rate in Panama peaked at 31.5 % change on previous year in 2021 and was at its lowest, -26.49 % change on previous year, in 2020.
That places Panama 154th out of 172 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (constant 2015 US$), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 8.21 % change on previous year | — |
| 1998 | 9.49 % change on previous year | +15.6% |
| 1999 | -13.31 % change on previous year | -240.3% |
| 2000 | 12.78 % change on previous year | -196.0% |
| 2001 | -3.2 % change on previous year | -125.0% |
| 2002 | 0.8075 % change on previous year | -125.2% |
| 2003 | -3.36 % change on previous year | -516.5% |
| 2004 | 14.05 % change on previous year | -517.9% |
| 2005 | 14.52 % change on previous year | +3.3% |
| 2006 | 10.06 % change on previous year | -30.7% |
| 2007 | 18.34 % change on previous year | +82.2% |
| 2008 | 23.04 % change on previous year | +25.6% |
| 2009 | -11.42 % change on previous year | -149.5% |
| 2010 | 18.64 % change on previous year | -263.3% |
| 2011 | 15.42 % change on previous year | -17.3% |
| 2012 | 10.43 % change on previous year | -32.4% |
| 2013 | -1.89 % change on previous year | -118.1% |
| 2014 | -4.73 % change on previous year | +150.3% |
| 2015 | -1.06 % change on previous year | -77.6% |
| 2016 | -5.54 % change on previous year | +422.0% |
| 2017 | 3.85 % change on previous year | -169.6% |
| 2018 | 4.22 % change on previous year | +9.5% |
| 2019 | -1.85 % change on previous year | -143.7% |
| 2020 | -26.49 % change on previous year | +1334.4% |
| 2021 | 31.5 % change on previous year | -218.9% |
| 2022 | 24.05 % change on previous year | -23.7% |
| 2023 | 6.74 % change on previous year | -72.0% |
| 2024 | -2.61 % change on previous year | -138.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.46 % change on previous year | -13.31 % change on previous year | 9.49 % change on previous year | 3 |
| 2000s | 7.56 % change on previous year | -11.42 % change on previous year | 23.04 % change on previous year | 10 |
| 2010s | 3.75 % change on previous year | -5.54 % change on previous year | 18.64 % change on previous year | 10 |
| 2020s | 6.64 % change on previous year | -26.49 % change on previous year | 31.5 % change on previous year | 5 |
Countries ranked near Panama
- 151 Congo, Democratic Republic of the -1.67 % change on previous year compare
- 152 Dominican Republic -1.8 % change on previous year compare
- 153 Macau, China -2.58 % change on previous year compare
- 155 Samoa -2.89 % change on previous year compare
- 156 Djibouti -2.9 % change on previous year compare
- 157 Kyrgyzstan -3.58 % change on previous year 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 imports of goods and services (constant 2015 us$), annual growth rate in Panama?
- Imports of goods and services (constant 2015 us$), annual growth rate in Panama was -2.61 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (constant 2015 us$), annual growth rate recorded in Panama?
- The highest recorded value was 31.5 % change on previous year in 2021.
- What is the lowest imports of goods and services (constant 2015 us$), annual growth rate recorded in Panama?
- The lowest recorded value was -26.49 % change on previous year in 2020.
- How does Panama rank for imports of goods and services (constant 2015 us$), annual growth rate?
- Panama ranks 154th out of 172 countries with data for 2024.
- Is imports of goods and services (constant 2015 us$), annual growth rate rising or falling in Panama?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Imports of goods and services (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Imports of goods and services (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.