Imports of goods and services (constant LCU), per unit of GDP in Panama
Panama: Imports of goods and services (constant LCU), per unit of GDP was 0.4168 constant LCU per US$ of GDP in 2024. ▼ Falling
Imports 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
In 2024, imports of goods and services (constant lcu), per unit of gdp in Panama stood at 0.4168 constant LCU per US$ of GDP.
Compared with earlier readings it is down 5.7% on the previous year and down 26.4% over ten years.
Over the whole period, imports of goods and services (constant lcu), per unit of gdp in Panama peaked at 1.11 constant LCU per US$ of GDP in 1996 and was at its lowest, 0.3727 constant LCU per US$ of GDP, in 2020.
Panama ranks 146th of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Imports of goods and services (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 1.11 constant LCU per US$ of GDP | — |
| 1997 | 1.09 constant LCU per US$ of GDP | -1.1% |
| 1998 | 1.09 constant LCU per US$ of GDP | -0.1% |
| 1999 | 0.8964 constant LCU per US$ of GDP | -18.1% |
| 2000 | 0.9852 constant LCU per US$ of GDP | +9.9% |
| 2001 | 0.9313 constant LCU per US$ of GDP | -5.5% |
| 2002 | 0.8987 constant LCU per US$ of GDP | -3.5% |
| 2003 | 0.8172 constant LCU per US$ of GDP | -9.1% |
| 2004 | 0.8397 constant LCU per US$ of GDP | +2.7% |
| 2005 | 0.8734 constant LCU per US$ of GDP | +4.0% |
| 2006 | 0.8565 constant LCU per US$ of GDP | -1.9% |
| 2007 | 0.8708 constant LCU per US$ of GDP | +1.7% |
| 2008 | 0.9047 constant LCU per US$ of GDP | +3.9% |
| 2009 | 0.7417 constant LCU per US$ of GDP | -18.0% |
| 2010 | 0.809 constant LCU per US$ of GDP | +9.1% |
| 2011 | 0.7909 constant LCU per US$ of GDP | -2.2% |
| 2012 | 0.7494 constant LCU per US$ of GDP | -5.3% |
| 2013 | 0.6514 constant LCU per US$ of GDP | -13.1% |
| 2014 | 0.5665 constant LCU per US$ of GDP | -13.0% |
| 2015 | 0.5169 constant LCU per US$ of GDP | -8.8% |
| 2016 | 0.4556 constant LCU per US$ of GDP | -11.8% |
| 2017 | 0.4396 constant LCU per US$ of GDP | -3.5% |
| 2018 | 0.4378 constant LCU per US$ of GDP | -0.4% |
| 2019 | 0.4146 constant LCU per US$ of GDP | -5.3% |
| 2020 | 0.3727 constant LCU per US$ of GDP | -10.1% |
| 2021 | 0.415 constant LCU per US$ of GDP | +11.3% |
| 2022 | 0.4536 constant LCU per US$ of GDP | +9.3% |
| 2023 | 0.4418 constant LCU per US$ of GDP | -2.6% |
| 2024 | 0.4168 constant LCU per US$ of GDP | -5.7% |
Panama compared with similar countries
- Panama's 0.4168 constant LCU per US$ of GDP is below the median for high income countries, which is 0.6447 constant LCU per US$ of GDP, 65% of the median. (63 countries reporting)
- Panama's 0.4168 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.32 constant LCU per US$ of GDP, 32% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.05 constant LCU per US$ of GDP | 0.8964 constant LCU per US$ of GDP | 1.11 constant LCU per US$ of GDP | 4 |
| 2000s | 0.8719 constant LCU per US$ of GDP | 0.7417 constant LCU per US$ of GDP | 0.9852 constant LCU per US$ of GDP | 10 |
| 2010s | 0.5832 constant LCU per US$ of GDP | 0.4146 constant LCU per US$ of GDP | 0.809 constant LCU per US$ of GDP | 10 |
| 2020s | 0.42 constant LCU per US$ of GDP | 0.3727 constant LCU per US$ of GDP | 0.4536 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 143 Latvia 0.4593 constant LCU per US$ of GDP compare
- 144 El Salvador 0.4345 constant LCU per US$ of GDP compare
- 145 Montenegro 0.418 constant LCU per US$ of GDP compare
- 147 South Sudan 0.3952 constant LCU per US$ of GDP compare
- 148 Croatia 0.3949 constant LCU per US$ of GDP compare
- 149 Palestine 0.3827 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (constant lcu), per unit of gdp in Panama?
- Imports of goods and services (constant lcu), per unit of gdp in Panama was 0.4168 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 1.11 constant LCU per US$ of GDP in 1996.
- What is the lowest imports of goods and services (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.3727 constant LCU per US$ of GDP in 2020.
- How does Panama rank for imports of goods and services (constant lcu), per unit of gdp?
- Panama ranks 146th out of 179 countries with data for 2024.
- Is imports of goods and services (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant LCU) ÷ GDP (current US$)
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 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.