Imports of goods and services (current US$), annual growth rate in Panama
Panama: Imports of goods and services (current US$), annual growth rate was -4.99 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-4.99 % change on previous year
Change on year
down 265.9%
World rank
177th
of 192 countries
All-time high
56.8 % change on previous year
in 1974
All-time low
-34.05 % change on previous year
in 2020
Years of data
64
1961–2024
Imports of goods and services (current US$), annual growth rate in Panama, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for imports of goods and services (current us$), annual growth rate in Panama is -4.99 % change on previous year, measured in 2024.
The figure is down 265.9% on the previous year and down 26.7% over ten years.
Over the whole period, imports of goods and services (current us$), annual growth rate in Panama peaked at 56.8 % change on previous year in 1974 and was at its lowest, -34.05 % change on previous year, in 2020.
That places Panama 177th out of 192 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (current US$), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 10.06 % change on previous year | — |
| 1962 | 15.97 % change on previous year | +58.7% |
| 1963 | 16.5 % change on previous year | +3.3% |
| 1964 | 1.76 % change on previous year | -89.3% |
| 1965 | 12.32 % change on previous year | +600.5% |
| 1966 | 12.87 % change on previous year | +4.4% |
| 1967 | 7.76 % change on previous year | -39.7% |
| 1968 | 4.48 % change on previous year | -42.3% |
| 1969 | 15.93 % change on previous year | +255.8% |
| 1970 | 13.77 % change on previous year | -13.6% |
| 1971 | 11.22 % change on previous year | -18.5% |
| 1972 | 11.35 % change on previous year | +1.1% |
| 1973 | 11.81 % change on previous year | +4.1% |
| 1974 | 56.8 % change on previous year | +380.7% |
| 1975 | 8.97 % change on previous year | -84.2% |
| 1976 | -2.42 % change on previous year | -127.0% |
| 1977 | 2.22 % change on previous year | -191.9% |
| 1978 | 10.36 % change on previous year | +365.7% |
| 1979 | 24.64 % change on previous year | +137.8% |
| 1980 | 23.79 % change on previous year | -3.4% |
| 1981 | 11.56 % change on previous year | -51.4% |
| 1982 | -7.24 % change on previous year | -162.6% |
| 1983 | -21.26 % change on previous year | +193.6% |
| 1984 | 7.5 % change on previous year | -135.3% |
| 1985 | 8.58 % change on previous year | +14.4% |
| 1986 | 7.34 % change on previous year | -14.4% |
| 1987 | 2.46 % change on previous year | -66.5% |
| 1988 | -19.23 % change on previous year | -883.1% |
| 1989 | 20.13 % change on previous year | -204.7% |
| 1990 | 21.91 % change on previous year | +8.8% |
| 1991 | 29.78 % change on previous year | +36.0% |
| 1992 | 17.61 % change on previous year | -40.9% |
| 1993 | 5.17 % change on previous year | -70.7% |
| 1994 | 9.38 % change on previous year | +81.5% |
| 1995 | 5.51 % change on previous year | -41.3% |
| 1996 | -1.39 % change on previous year | -125.2% |
| 1997 | 14.18 % change on previous year | -1122.0% |
| 1998 | 3.53 % change on previous year | -75.1% |
| 1999 | -11.54 % change on previous year | -427.4% |
| 2000 | 6.36 % change on previous year | -155.1% |
| 2001 | -2.5 % change on previous year | -139.3% |
| 2002 | -1.29 % change on previous year | -48.3% |
| 2003 | -0.5599 % change on previous year | -56.6% |
| 2004 | 20.48 % change on previous year | -3758.8% |
| 2005 | 21.74 % change on previous year | +6.1% |
| 2006 | 14.31 % change on previous year | -34.2% |
| 2007 | 23.48 % change on previous year | +64.2% |
| 2008 | 33.26 % change on previous year | +41.6% |
| 2009 | -16 % change on previous year | -148.1% |
| 2010 | 22.31 % change on previous year | -239.4% |
| 2011 | 25.94 % change on previous year | +16.3% |
| 2012 | 13.95 % change on previous year | -46.2% |
| 2013 | -1.7 % change on previous year | -112.2% |
| 2014 | -3.94 % change on previous year | +132.0% |
| 2015 | -11.21 % change on previous year | +184.6% |
| 2016 | -7.08 % change on previous year | -36.9% |
| 2017 | 7.44 % change on previous year | -205.1% |
| 2018 | 7.61 % change on previous year | +2.3% |
| 2019 | -4.79 % change on previous year | -162.9% |
| 2020 | -34.05 % change on previous year | +610.6% |
| 2021 | 40.31 % change on previous year | -218.4% |
| 2022 | 33.86 % change on previous year | -16.0% |
| 2023 | 3.01 % change on previous year | -91.1% |
| 2024 | -4.99 % change on previous year | -265.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.85 % change on previous year | 1.76 % change on previous year | 16.5 % change on previous year | 9 |
| 1970s | 14.87 % change on previous year | -2.42 % change on previous year | 56.8 % change on previous year | 10 |
| 1980s | 3.36 % change on previous year | -21.26 % change on previous year | 23.79 % change on previous year | 10 |
| 1990s | 9.41 % change on previous year | -11.54 % change on previous year | 29.78 % change on previous year | 10 |
| 2000s | 9.93 % change on previous year | -16 % change on previous year | 33.26 % change on previous year | 10 |
| 2010s | 4.85 % change on previous year | -11.21 % change on previous year | 25.94 % change on previous year | 10 |
| 2020s | 7.63 % change on previous year | -34.05 % change on previous year | 40.31 % change on previous year | 5 |
Countries ranked near Panama
- 174 Japan -3.01 % change on previous year compare
- 175 Samoa -3.58 % change on previous year compare
- 176 Mongolia -4.23 % change on previous year compare
- 178 South Sudan -5.37 % change on previous year compare
- 179 Equatorial Guinea -6.23 % change on previous year compare
- 180 Faroe Islands -6.27 % 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)
- Final consumption expenditure (constant 2015 US$), per capita 10,575 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.9683 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9496 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 18,195 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 0.9683 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.9496 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 18,195 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.9641 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (current us$), annual growth rate in Panama?
- Imports of goods and services (current us$), annual growth rate in Panama was -4.99 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (current us$), annual growth rate recorded in Panama?
- The highest recorded value was 56.8 % change on previous year in 1974.
- What is the lowest imports of goods and services (current us$), annual growth rate recorded in Panama?
- The lowest recorded value was -34.05 % change on previous year in 2020.
- How does Panama rank for imports of goods and services (current us$), annual growth rate?
- Panama ranks 177th out of 192 countries with data for 2024.
- Is imports of goods and services (current us$), annual growth rate rising or falling in Panama?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Imports of goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Imports of goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.