Imports of goods and services (current LCU), per unit of GDP in Panama
Panama: Imports of goods and services (current LCU), per unit of GDP was 0.3932 current LCU per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.3932 current LCU per US$ of GDP
Change on year
down 8.0%
World rank
177th
of 193 countries
All-time high
0.8629 current LCU per US$ of GDP
in 2008
All-time low
0.3243 current LCU per US$ of GDP
in 2020
Years of data
65
1960–2024
Imports of goods and services (current LCU), per unit of GDP in Panama, 1960–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Panama recorded 0.3932 current LCU per US$ of GDP for imports of goods and services (current lcu), per unit of gdp in 2024.
The figure is down 8.0% on the previous year and down 34.6% over ten years.
Over the whole period, imports of goods and services (current lcu), per unit of gdp in Panama peaked at 0.8629 current LCU per US$ of GDP in 2008 and was at its lowest, 0.3243 current LCU per US$ of GDP, in 2020.
That places Panama 177th out of 193 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Imports of goods and services (current LCU), per unit of GDP in Panama, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.5438 current LCU per US$ of GDP | — |
| 1961 | 0.5367 current LCU per US$ of GDP | -1.3% |
| 1962 | 0.5717 current LCU per US$ of GDP | +6.5% |
| 1963 | 0.6009 current LCU per US$ of GDP | +5.1% |
| 1964 | 0.5694 current LCU per US$ of GDP | -5.2% |
| 1965 | 0.5823 current LCU per US$ of GDP | +2.3% |
| 1966 | 0.6032 current LCU per US$ of GDP | +3.6% |
| 1967 | 0.5837 current LCU per US$ of GDP | -3.2% |
| 1968 | 0.5669 current LCU per US$ of GDP | -2.9% |
| 1969 | 0.5988 current LCU per US$ of GDP | +5.6% |
| 1970 | 0.6159 current LCU per US$ of GDP | +2.8% |
| 1971 | 0.6072 current LCU per US$ of GDP | -1.4% |
| 1972 | 0.6157 current LCU per US$ of GDP | +1.4% |
| 1973 | 0.602 current LCU per US$ of GDP | -2.2% |
| 1974 | 0.8255 current LCU per US$ of GDP | +37.1% |
| 1975 | 0.8083 current LCU per US$ of GDP | -2.1% |
| 1976 | 0.7422 current LCU per US$ of GDP | -8.2% |
| 1977 | 0.7171 current LCU per US$ of GDP | -3.4% |
| 1978 | 0.6679 current LCU per US$ of GDP | -6.9% |
| 1979 | 0.7291 current LCU per US$ of GDP | +9.2% |
| 1980 | 0.7247 current LCU per US$ of GDP | -0.6% |
| 1981 | 0.7143 current LCU per US$ of GDP | -1.4% |
| 1982 | 0.5998 current LCU per US$ of GDP | -16.0% |
| 1983 | 0.46 current LCU per US$ of GDP | -23.3% |
| 1984 | 0.4737 current LCU per US$ of GDP | +3.0% |
| 1985 | 0.4862 current LCU per US$ of GDP | +2.6% |
| 1986 | 0.5022 current LCU per US$ of GDP | +3.3% |
| 1987 | 0.5123 current LCU per US$ of GDP | +2.0% |
| 1988 | 0.4786 current LCU per US$ of GDP | -6.6% |
| 1989 | 0.5734 current LCU per US$ of GDP | +19.8% |
| 1990 | 0.643 current LCU per US$ of GDP | +12.1% |
| 1991 | 0.7589 current LCU per US$ of GDP | +18.0% |
| 1992 | 0.7852 current LCU per US$ of GDP | +3.5% |
| 1993 | 0.7562 current LCU per US$ of GDP | -3.7% |
| 1994 | 0.7757 current LCU per US$ of GDP | +2.6% |
| 1995 | 0.8006 current LCU per US$ of GDP | +3.2% |
| 1996 | 0.8218 current LCU per US$ of GDP | +2.6% |
| 1997 | 0.8579 current LCU per US$ of GDP | +4.4% |
| 1998 | 0.8108 current LCU per US$ of GDP | -5.5% |
| 1999 | 0.6777 current LCU per US$ of GDP | -16.4% |
| 2000 | 0.7024 current LCU per US$ of GDP | +3.6% |
| 2001 | 0.6688 current LCU per US$ of GDP | -4.8% |
| 2002 | 0.632 current LCU per US$ of GDP | -5.5% |
| 2003 | 0.5913 current LCU per US$ of GDP | -6.4% |
| 2004 | 0.6419 current LCU per US$ of GDP | +8.5% |
| 2005 | 0.7098 current LCU per US$ of GDP | +10.6% |
| 2006 | 0.7228 current LCU per US$ of GDP | +1.8% |
| 2007 | 0.7669 current LCU per US$ of GDP | +6.1% |
| 2008 | 0.8629 current LCU per US$ of GDP | +12.5% |
| 2009 | 0.6708 current LCU per US$ of GDP | -22.3% |
| 2010 | 0.7542 current LCU per US$ of GDP | +12.4% |
| 2011 | 0.8046 current LCU per US$ of GDP | +6.7% |
| 2012 | 0.7866 current LCU per US$ of GDP | -2.2% |
| 2013 | 0.6851 current LCU per US$ of GDP | -12.9% |
| 2014 | 0.6008 current LCU per US$ of GDP | -12.3% |
| 2015 | 0.4919 current LCU per US$ of GDP | -18.1% |
| 2016 | 0.4266 current LCU per US$ of GDP | -13.3% |
| 2017 | 0.4258 current LCU per US$ of GDP | -0.2% |
| 2018 | 0.4378 current LCU per US$ of GDP | +2.8% |
| 2019 | 0.4021 current LCU per US$ of GDP | -8.2% |
| 2020 | 0.3243 current LCU per US$ of GDP | -19.4% |
| 2021 | 0.3853 current LCU per US$ of GDP | +18.8% |
| 2022 | 0.4545 current LCU per US$ of GDP | +18.0% |
| 2023 | 0.4272 current LCU per US$ of GDP | -6.0% |
| 2024 | 0.3932 current LCU per US$ of GDP | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5758 current LCU per US$ of GDP | 0.5367 current LCU per US$ of GDP | 0.6032 current LCU per US$ of GDP | 10 |
| 1970s | 0.6931 current LCU per US$ of GDP | 0.602 current LCU per US$ of GDP | 0.8255 current LCU per US$ of GDP | 10 |
| 1980s | 0.5525 current LCU per US$ of GDP | 0.46 current LCU per US$ of GDP | 0.7247 current LCU per US$ of GDP | 10 |
| 1990s | 0.7688 current LCU per US$ of GDP | 0.643 current LCU per US$ of GDP | 0.8579 current LCU per US$ of GDP | 10 |
| 2000s | 0.6969 current LCU per US$ of GDP | 0.5913 current LCU per US$ of GDP | 0.8629 current LCU per US$ of GDP | 10 |
| 2010s | 0.5816 current LCU per US$ of GDP | 0.4021 current LCU per US$ of GDP | 0.8046 current LCU per US$ of GDP | 10 |
| 2020s | 0.3969 current LCU per US$ of GDP | 0.3243 current LCU per US$ of GDP | 0.4545 current LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 174 Puerto Rico 0.4358 current LCU per US$ of GDP compare
- 175 New Zealand 0.4289 current LCU per US$ of GDP compare
- 176 Bahamas 0.4146 current LCU per US$ of GDP compare
- 178 Greece 0.3893 current LCU per US$ of GDP compare
- 179 Portugal 0.3782 current LCU per US$ of GDP compare
- 180 Finland 0.3635 current 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (current lcu), per unit of gdp in Panama?
- Imports of goods and services (current lcu), per unit of gdp in Panama was 0.3932 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 0.8629 current LCU per US$ of GDP in 2008.
- What is the lowest imports of goods and services (current lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.3243 current LCU per US$ of GDP in 2020.
- How does Panama rank for imports of goods and services (current lcu), per unit of gdp?
- Panama ranks 177th out of 193 countries with data for 2024.
- Is imports of goods and services (current lcu), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 34.6%. 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 (current LCU), 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
Imports of goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current LCU) ÷ GDP (current US$)
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 (current 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.