Total reserves in months of imports in Panama

Panama: Total reserves in months of imports was 2.07 ratio in 2024. ◆ Volatile

Latest (2024)
2.07 ratio
Change on year
up 12.5%
World rank
130th
of 172 countries
All-time high
5.47 ratio
in 2020
All-time low
0.7 ratio
in 2004
Years of data
25
2000–2024

Total reserves in months of imports in Panama, 2000–2024

123452000201220242000: 0.85 ratio2001: 1.3 ratio2002: 1.6 ratio2003: 1.3 ratio2004: 0.7 ratio2005: 1.1 ratio2006: 1.1 ratio2007: 1.2 ratio2008: 1.2 ratio2009: 1.8 ratio2010: 1.3 ratio2011: 0.81 ratio2012: 0.81 ratio2013: 0.94 ratio2014: 1.3 ratio2015: 1.2 ratio2016: 1.5 ratio2017: 0.99 ratio2018: 0.71 ratio2019: 1.2 ratio2020: 5.5 ratio2021: 3.6 ratio2022: 2.2 ratio2023: 1.8 ratio2024: 2.1 ratio

Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.

Analysis

In 2024, total reserves in months of imports in Panama stood at 2.07 ratio.

That represents a change of up 12.5% on the previous year and up 58.0% over ten years.

Over the whole period, total reserves in months of imports in Panama peaked at 5.47 ratio in 2020 and was at its lowest, 0.7 ratio, in 2004.

That places Panama 130th out of 172 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.

Total reserves in months of imports in Panama, year by year

Annual values for Total reserves in months of imports in Panama, 2000 to 2024.
Year ratio Change
2000 0.85 ratio
2001 1.34 ratio +57.6%
2002 1.6 ratio +19.4%
2003 1.32 ratio -17.5%
2004 0.7 ratio -47.0%
2005 1.12 ratio +60.0%
2006 1.1 ratio -1.8%
2007 1.23 ratio +11.8%
2008 1.2 ratio -2.4%
2009 1.76 ratio +46.7%
2010 1.28 ratio -27.3%
2011 0.81 ratio -36.7%
2012 0.81 ratio +0.0%
2013 0.94 ratio +16.0%
2014 1.31 ratio +39.4%
2015 1.24 ratio -5.3%
2016 1.47 ratio +18.5%
2017 0.99 ratio -32.7%
2018 0.71 ratio -28.3%
2019 1.22 ratio +71.8%
2020 5.47 ratio +348.4%
2021 3.57 ratio -34.7%
2022 2.19 ratio -38.7%
2023 1.84 ratio -16.0%
2024 2.07 ratio +12.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.22 ratio 0.7 ratio 1.76 ratio 10
2010s 1.08 ratio 0.71 ratio 1.47 ratio 10
2020s 3.03 ratio 1.84 ratio 5.47 ratio 5

Countries ranked near Panama

  1. 127 Guinea 2.19 ratio compare
  2. 128 Lao People's Democratic Republic 2.17 ratio compare
  3. 129 El Salvador 2.11 ratio compare
  4. 131 Armenia 2.06 ratio compare
  5. 131 Eswatini 2.06 ratio compare
  6. 133 Belarus 1.96 ratio compare
  7. 133 Sweden 1.96 ratio compare

See the full ranking of 172 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is total reserves in months of imports in Panama?
Total reserves in months of imports in Panama was 2.07 ratio in 2024, according to International Monetary Fund – processed by Our World in Data.
What is the highest total reserves in months of imports recorded in Panama?
The highest recorded value was 5.47 ratio in 2020.
What is the lowest total reserves in months of imports recorded in Panama?
The lowest recorded value was 0.7 ratio in 2004.
How does Panama rank for total reserves in months of imports?
Panama ranks 130th out of 172 countries with data for 2024.
Is total reserves in months of imports rising or falling in Panama?
Over the last ten years it is up 58.0%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.

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Total reserves in months of imports in Panama. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/total-reserves-in-months-of-imports-2/panama/

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About this data

Indicator
Total reserves in months of imports
Unit
ratio
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 3,946 data points, 2000–2024
Last refreshed

Total reserves in months of imports (ratio).