Imports of goods and services (current US$), per unit of GDP in Panama
Panama: Imports of goods and services (current US$), per unit of GDP was 0.3932 current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.3932 current US$ per US$ of GDP
Change on year
down 8.0%
World rank
110th
of 193 countries
All-time high
0.8629 current US$ per US$ of GDP
in 2008
All-time low
0.3243 current US$ per US$ of GDP
in 2020
Years of data
65
1960–2024
Imports of goods and services (current US$), per unit of GDP in Panama, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Panama recorded 0.3932 current US$ per US$ of GDP for imports of goods and services (current us$), per unit of gdp in 2024.
The figure is down 8.0% on the previous year and down 34.6% over ten years.
Over the whole period, imports of goods and services (current us$), per unit of gdp in Panama peaked at 0.8629 current US$ per US$ of GDP in 2008 and was at its lowest, 0.3243 current US$ per US$ of GDP, in 2020.
That places Panama 110th out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Imports of goods and services (current US$), per unit of GDP in Panama, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.5438 current US$ per US$ of GDP | — |
| 1961 | 0.5367 current US$ per US$ of GDP | -1.3% |
| 1962 | 0.5717 current US$ per US$ of GDP | +6.5% |
| 1963 | 0.6009 current US$ per US$ of GDP | +5.1% |
| 1964 | 0.5694 current US$ per US$ of GDP | -5.2% |
| 1965 | 0.5823 current US$ per US$ of GDP | +2.3% |
| 1966 | 0.6032 current US$ per US$ of GDP | +3.6% |
| 1967 | 0.5837 current US$ per US$ of GDP | -3.2% |
| 1968 | 0.5669 current US$ per US$ of GDP | -2.9% |
| 1969 | 0.5988 current US$ per US$ of GDP | +5.6% |
| 1970 | 0.6159 current US$ per US$ of GDP | +2.8% |
| 1971 | 0.6072 current US$ per US$ of GDP | -1.4% |
| 1972 | 0.6157 current US$ per US$ of GDP | +1.4% |
| 1973 | 0.602 current US$ per US$ of GDP | -2.2% |
| 1974 | 0.8255 current US$ per US$ of GDP | +37.1% |
| 1975 | 0.8083 current US$ per US$ of GDP | -2.1% |
| 1976 | 0.7422 current US$ per US$ of GDP | -8.2% |
| 1977 | 0.7171 current US$ per US$ of GDP | -3.4% |
| 1978 | 0.6679 current US$ per US$ of GDP | -6.9% |
| 1979 | 0.7291 current US$ per US$ of GDP | +9.2% |
| 1980 | 0.7247 current US$ per US$ of GDP | -0.6% |
| 1981 | 0.7143 current US$ per US$ of GDP | -1.4% |
| 1982 | 0.5998 current US$ per US$ of GDP | -16.0% |
| 1983 | 0.46 current US$ per US$ of GDP | -23.3% |
| 1984 | 0.4737 current US$ per US$ of GDP | +3.0% |
| 1985 | 0.4862 current US$ per US$ of GDP | +2.6% |
| 1986 | 0.5022 current US$ per US$ of GDP | +3.3% |
| 1987 | 0.5123 current US$ per US$ of GDP | +2.0% |
| 1988 | 0.4786 current US$ per US$ of GDP | -6.6% |
| 1989 | 0.5734 current US$ per US$ of GDP | +19.8% |
| 1990 | 0.643 current US$ per US$ of GDP | +12.1% |
| 1991 | 0.7589 current US$ per US$ of GDP | +18.0% |
| 1992 | 0.7852 current US$ per US$ of GDP | +3.5% |
| 1993 | 0.7562 current US$ per US$ of GDP | -3.7% |
| 1994 | 0.7757 current US$ per US$ of GDP | +2.6% |
| 1995 | 0.8006 current US$ per US$ of GDP | +3.2% |
| 1996 | 0.8218 current US$ per US$ of GDP | +2.6% |
| 1997 | 0.8579 current US$ per US$ of GDP | +4.4% |
| 1998 | 0.8108 current US$ per US$ of GDP | -5.5% |
| 1999 | 0.6777 current US$ per US$ of GDP | -16.4% |
| 2000 | 0.7024 current US$ per US$ of GDP | +3.6% |
| 2001 | 0.6688 current US$ per US$ of GDP | -4.8% |
| 2002 | 0.632 current US$ per US$ of GDP | -5.5% |
| 2003 | 0.5913 current US$ per US$ of GDP | -6.4% |
| 2004 | 0.6419 current US$ per US$ of GDP | +8.5% |
| 2005 | 0.7098 current US$ per US$ of GDP | +10.6% |
| 2006 | 0.7228 current US$ per US$ of GDP | +1.8% |
| 2007 | 0.7669 current US$ per US$ of GDP | +6.1% |
| 2008 | 0.8629 current US$ per US$ of GDP | +12.5% |
| 2009 | 0.6708 current US$ per US$ of GDP | -22.3% |
| 2010 | 0.7542 current US$ per US$ of GDP | +12.4% |
| 2011 | 0.8046 current US$ per US$ of GDP | +6.7% |
| 2012 | 0.7866 current US$ per US$ of GDP | -2.2% |
| 2013 | 0.6851 current US$ per US$ of GDP | -12.9% |
| 2014 | 0.6008 current US$ per US$ of GDP | -12.3% |
| 2015 | 0.4919 current US$ per US$ of GDP | -18.1% |
| 2016 | 0.4266 current US$ per US$ of GDP | -13.3% |
| 2017 | 0.4258 current US$ per US$ of GDP | -0.2% |
| 2018 | 0.4378 current US$ per US$ of GDP | +2.8% |
| 2019 | 0.4021 current US$ per US$ of GDP | -8.2% |
| 2020 | 0.3243 current US$ per US$ of GDP | -19.4% |
| 2021 | 0.3853 current US$ per US$ of GDP | +18.8% |
| 2022 | 0.4545 current US$ per US$ of GDP | +18.0% |
| 2023 | 0.4272 current US$ per US$ of GDP | -6.0% |
| 2024 | 0.3932 current US$ per US$ of GDP | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5758 current US$ per US$ of GDP | 0.5367 current US$ per US$ of GDP | 0.6032 current US$ per US$ of GDP | 10 |
| 1970s | 0.6931 current US$ per US$ of GDP | 0.602 current US$ per US$ of GDP | 0.8255 current US$ per US$ of GDP | 10 |
| 1980s | 0.5525 current US$ per US$ of GDP | 0.46 current US$ per US$ of GDP | 0.7247 current US$ per US$ of GDP | 10 |
| 1990s | 0.7688 current US$ per US$ of GDP | 0.643 current US$ per US$ of GDP | 0.8579 current US$ per US$ of GDP | 10 |
| 2000s | 0.6969 current US$ per US$ of GDP | 0.5913 current US$ per US$ of GDP | 0.8629 current US$ per US$ of GDP | 10 |
| 2010s | 0.5816 current US$ per US$ of GDP | 0.4021 current US$ per US$ of GDP | 0.8046 current US$ per US$ of GDP | 10 |
| 2020s | 0.3969 current US$ per US$ of GDP | 0.3243 current US$ per US$ of GDP | 0.4545 current US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 107 Korea 0.406 current US$ per US$ of GDP compare
- 108 Mexico 0.4028 current US$ per US$ of GDP compare
- 109 Philippines 0.4024 current US$ per US$ of GDP compare
- 111 Paraguay 0.393 current US$ per US$ of GDP compare
- 112 Senegal 0.3858 current US$ per US$ of GDP compare
- 113 Suriname 0.3841 current 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)
- 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 (current us$), per unit of gdp in Panama?
- Imports of goods and services (current us$), per unit of gdp in Panama was 0.3932 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (current us$), per unit of gdp recorded in Panama?
- The highest recorded value was 0.8629 current US$ per US$ of GDP in 2008.
- What is the lowest imports of goods and services (current us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.3243 current US$ per US$ of GDP in 2020.
- How does Panama rank for imports of goods and services (current us$), per unit of gdp?
- Panama ranks 110th out of 193 countries with data for 2024.
- Is imports of goods and services (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.