Imports of goods, services and primary income in Panama
Panama: Imports of goods, services and primary income was 42.96 billion BoP, current US$ in 2025. ◆ Volatile
Imports of goods, services and primary income in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Panama recorded 42.96 billion BoP, current US$ for imports of goods, services and primary income in 2025.
Compared with earlier readings it is up 4.7% on the previous year and up 31.8% over ten years.
Over the whole period, imports of goods, services and primary income in Panama peaked at 44.06 billion BoP, current US$ in 2023 and was at its lowest, 1.54 billion BoP, current US$, in 1977.
That places Panama 72nd out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Panama, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 1.54 billion BoP, current US$ | — |
| 1978 | 1.95 billion BoP, current US$ | +26.5% |
| 1979 | 2.91 billion BoP, current US$ | +49.1% |
| 1980 | 8.22 billion BoP, current US$ | +182.9% |
| 1981 | 9.71 billion BoP, current US$ | +18.1% |
| 1982 | 9.75 billion BoP, current US$ | +0.4% |
| 1983 | 7.26 billion BoP, current US$ | -25.5% |
| 1984 | 6.95 billion BoP, current US$ | -4.2% |
| 1985 | 6.47 billion BoP, current US$ | -7.0% |
| 1986 | 6.43 billion BoP, current US$ | -0.6% |
| 1987 | 5.61 billion BoP, current US$ | -12.8% |
| 1988 | 3.93 billion BoP, current US$ | -29.9% |
| 1989 | 4.68 billion BoP, current US$ | +19.1% |
| 1990 | 5.59 billion BoP, current US$ | +19.3% |
| 1991 | 6.95 billion BoP, current US$ | +24.4% |
| 1992 | 7.94 billion BoP, current US$ | +14.2% |
| 1993 | 8.07 billion BoP, current US$ | +1.7% |
| 1994 | 8.78 billion BoP, current US$ | +8.9% |
| 1995 | 9.88 billion BoP, current US$ | +12.4% |
| 1996 | 9.17 billion BoP, current US$ | -7.1% |
| 1997 | 10.47 billion BoP, current US$ | +14.2% |
| 1998 | 11.08 billion BoP, current US$ | +5.8% |
| 1999 | 9.97 billion BoP, current US$ | -10.0% |
| 2000 | 10.26 billion BoP, current US$ | +2.9% |
| 2001 | 9.77 billion BoP, current US$ | -4.8% |
| 2002 | 8.88 billion BoP, current US$ | -9.1% |
| 2003 | 9.19 billion BoP, current US$ | +3.5% |
| 2004 | 10.89 billion BoP, current US$ | +18.4% |
| 2005 | 12.93 billion BoP, current US$ | +18.7% |
| 2006 | 14.58 billion BoP, current US$ | +12.8% |
| 2007 | 18.89 billion BoP, current US$ | +29.6% |
| 2008 | 24.30 billion BoP, current US$ | +28.6% |
| 2009 | 20.69 billion BoP, current US$ | -14.8% |
| 2010 | 25.51 billion BoP, current US$ | +23.3% |
| 2011 | 33.97 billion BoP, current US$ | +33.2% |
| 2012 | 36.63 billion BoP, current US$ | +7.8% |
| 2013 | 36.49 billion BoP, current US$ | -0.4% |
| 2014 | 37.00 billion BoP, current US$ | +1.4% |
| 2015 | 32.60 billion BoP, current US$ | -11.9% |
| 2016 | 31.50 billion BoP, current US$ | -3.4% |
| 2017 | 32.92 billion BoP, current US$ | +4.5% |
| 2018 | 35.66 billion BoP, current US$ | +8.3% |
| 2019 | 33.80 billion BoP, current US$ | -5.2% |
| 2020 | 21.08 billion BoP, current US$ | -37.6% |
| 2021 | 29.67 billion BoP, current US$ | +40.8% |
| 2022 | 37.94 billion BoP, current US$ | +27.9% |
| 2023 | 44.06 billion BoP, current US$ | +16.1% |
| 2024 | 41.04 billion BoP, current US$ | -6.9% |
| 2025 | 42.96 billion BoP, current US$ | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.13 billion BoP, current US$ | 1.54 billion BoP, current US$ | 2.91 billion BoP, current US$ | 3 |
| 1980s | 6.90 billion BoP, current US$ | 3.93 billion BoP, current US$ | 9.75 billion BoP, current US$ | 10 |
| 1990s | 8.79 billion BoP, current US$ | 5.59 billion BoP, current US$ | 11.08 billion BoP, current US$ | 10 |
| 2000s | 14.04 billion BoP, current US$ | 8.88 billion BoP, current US$ | 24.30 billion BoP, current US$ | 10 |
| 2010s | 33.61 billion BoP, current US$ | 25.51 billion BoP, current US$ | 37.00 billion BoP, current US$ | 10 |
| 2020s | 36.12 billion BoP, current US$ | 21.08 billion BoP, current US$ | 44.06 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 69 Belarus 57.37 billion BoP, current US$ compare
- 70 Dominican Republic 44.64 billion BoP, current US$ compare
- 71 Costa Rica 44.10 billion BoP, current US$ compare
- 73 Bahrain 41.92 billion BoP, current US$ compare
- 74 Congo, Democratic Republic of the 41.74 billion BoP, current US$ compare
- 75 Cambodia 41.74 billion BoP, current US$ 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, services and primary income in Panama?
- Imports of goods, services and primary income in Panama was 42.96 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Panama?
- The highest recorded value was 44.06 billion BoP, current US$ in 2023.
- What is the lowest imports of goods, services and primary income recorded in Panama?
- The lowest recorded value was 1.54 billion BoP, current US$ in 1977.
- How does Panama rank for imports of goods, services and primary income?
- Panama ranks 72nd out of 200 countries with data for 2025.
- Is imports of goods, services and primary income rising or falling in Panama?
- Over the last ten years it is up 31.8%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.