Proportion tariff lines applied to imports from ldcs in Panama
Panama: Proportion tariff lines applied to imports from ldcs was 49.7 in 2023. ▲ Rising
Latest (2023)
49.7
Change on year
up 1.0%
World rank
182nd
of 228 countries
All-time high
51.2
in 2021
All-time low
29.42
in 2005
Years of data
11
2005–2023
Proportion tariff lines applied to imports from ldcs in Panama, 2005–2023
Source: Our World in Data.
Analysis
In 2023, proportion tariff lines applied to imports from ldcs in Panama stood at 49.7.
The figure is up 1.0% on the previous year and up 22.6% over ten years.
Over the whole period, proportion tariff lines applied to imports from ldcs in Panama peaked at 51.2 in 2021 and was at its lowest, 29.42, in 2005.
That places Panama 182nd out of 228 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.42 | 29.42 | 29.42 | 1 |
| 2010s | 42.19 | 39.22 | 49.23 | 6 |
| 2020s | 49.7 | 48.73 | 51.2 | 4 |
Countries ranked near Panama
More economy & growth data for Panama
- External balance on goods and services as a percent of gdp 5.04 (2024)
- Inflation of consumer prices -0.1896 (2025)
- Gdp per capita worldbank constant usd 17,650 (2025)
- Manufacturing value added to gdp 4.8 (2025)
- Gdp worldbank constant usd 80.68 billion (2025)
- Gdp per capita in international and market dollars 17,650 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is proportion tariff lines applied to imports from ldcs in Panama?
- Proportion tariff lines applied to imports from ldcs in Panama was 49.7 in 2023, according to Our World in Data.
- What is the highest proportion tariff lines applied to imports from ldcs recorded in Panama?
- The highest recorded value was 51.2 in 2021.
- What is the lowest proportion tariff lines applied to imports from ldcs recorded in Panama?
- The lowest recorded value was 29.42 in 2005.
- How does Panama rank for proportion tariff lines applied to imports from ldcs?
- Panama ranks 182nd out of 228 countries with data for 2023.
- Is proportion tariff lines applied to imports from ldcs rising or falling in Panama?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Proportion tariff lines applied to imports from ldcs. Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).