Imports of goods and services (constant 2015 US$), per unit of GDP in Panama
Panama: Imports of goods and services (constant 2015 US$), per unit of GDP was 0.3966 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Imports 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, imports of goods and services (constant 2015 us$), per unit of gdp in Panama stood at 0.3966 constant 2015 US$ per US$ of GDP.
That represents a change of down 5.7% on the previous year and down 26.4% over ten years.
Over the whole period, imports of goods and services (constant 2015 us$), per unit of gdp in Panama peaked at 1.05 constant 2015 US$ per US$ of GDP in 1996 and was at its lowest, 0.3547 constant 2015 US$ per US$ of GDP, in 2020.
That places Panama 79th out of 172 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Imports 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 | 1.05 constant 2015 US$ per US$ of GDP | — |
| 1997 | 1.04 constant 2015 US$ per US$ of GDP | -1.1% |
| 1998 | 1.04 constant 2015 US$ per US$ of GDP | -0.1% |
| 1999 | 0.8531 constant 2015 US$ per US$ of GDP | -18.1% |
| 2000 | 0.9376 constant 2015 US$ per US$ of GDP | +9.9% |
| 2001 | 0.8863 constant 2015 US$ per US$ of GDP | -5.5% |
| 2002 | 0.8553 constant 2015 US$ per US$ of GDP | -3.5% |
| 2003 | 0.7777 constant 2015 US$ per US$ of GDP | -9.1% |
| 2004 | 0.7991 constant 2015 US$ per US$ of GDP | +2.7% |
| 2005 | 0.8312 constant 2015 US$ per US$ of GDP | +4.0% |
| 2006 | 0.8151 constant 2015 US$ per US$ of GDP | -1.9% |
| 2007 | 0.8288 constant 2015 US$ per US$ of GDP | +1.7% |
| 2008 | 0.861 constant 2015 US$ per US$ of GDP | +3.9% |
| 2009 | 0.7059 constant 2015 US$ per US$ of GDP | -18.0% |
| 2010 | 0.7699 constant 2015 US$ per US$ of GDP | +9.1% |
| 2011 | 0.7527 constant 2015 US$ per US$ of GDP | -2.2% |
| 2012 | 0.7132 constant 2015 US$ per US$ of GDP | -5.3% |
| 2013 | 0.6199 constant 2015 US$ per US$ of GDP | -13.1% |
| 2014 | 0.5392 constant 2015 US$ per US$ of GDP | -13.0% |
| 2015 | 0.4919 constant 2015 US$ per US$ of GDP | -8.8% |
| 2016 | 0.4336 constant 2015 US$ per US$ of GDP | -11.8% |
| 2017 | 0.4184 constant 2015 US$ per US$ of GDP | -3.5% |
| 2018 | 0.4167 constant 2015 US$ per US$ of GDP | -0.4% |
| 2019 | 0.3946 constant 2015 US$ per US$ of GDP | -5.3% |
| 2020 | 0.3547 constant 2015 US$ per US$ of GDP | -10.1% |
| 2021 | 0.3949 constant 2015 US$ per US$ of GDP | +11.3% |
| 2022 | 0.4317 constant 2015 US$ per US$ of GDP | +9.3% |
| 2023 | 0.4205 constant 2015 US$ per US$ of GDP | -2.6% |
| 2024 | 0.3966 constant 2015 US$ per US$ of GDP | -5.7% |
Panama compared with similar countries
- Panama's 0.3966 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.4035 constant 2015 US$ per US$ of GDP, 98% of the median. (63 countries reporting)
- Panama's 0.3966 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.2498 constant 2015 US$ per US$ of GDP, 1.6× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9974 constant 2015 US$ per US$ of GDP | 0.8531 constant 2015 US$ per US$ of GDP | 1.05 constant 2015 US$ per US$ of GDP | 4 |
| 2000s | 0.8298 constant 2015 US$ per US$ of GDP | 0.7059 constant 2015 US$ per US$ of GDP | 0.9376 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.555 constant 2015 US$ per US$ of GDP | 0.3946 constant 2015 US$ per US$ of GDP | 0.7699 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.3997 constant 2015 US$ per US$ of GDP | 0.3547 constant 2015 US$ per US$ of GDP | 0.4317 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 76 Bhutan 0.4016 constant 2015 US$ per US$ of GDP compare
- 77 Austria 0.4001 constant 2015 US$ per US$ of GDP compare
- 78 Paraguay 0.4001 constant 2015 US$ per US$ of GDP compare
- 80 Egypt 0.3962 constant 2015 US$ per US$ of GDP compare
- 81 Oman 0.395 constant 2015 US$ per US$ of GDP compare
- 82 Bosnia and Herzegovina 0.3925 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (constant 2015 us$), per unit of gdp in Panama?
- Imports of goods and services (constant 2015 us$), per unit of gdp in Panama was 0.3966 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (constant 2015 us$), per unit of gdp recorded in Panama?
- The highest recorded value was 1.05 constant 2015 US$ per US$ of GDP in 1996.
- What is the lowest imports of goods and services (constant 2015 us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.3547 constant 2015 US$ per US$ of GDP in 2020.
- How does Panama rank for imports of goods and services (constant 2015 us$), per unit of gdp?
- Panama ranks 79th out of 172 countries with data for 2024.
- Is imports of goods and services (constant 2015 us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 26.4%. 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 Imports of goods and services (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.