Imports by region of origin in Panama
Panama: Imports by region of origin was 4.12 billion current US$ in 2024. ◆ Volatile
Latest (2024)
4.12 billion current US$
Change on year
down 8.0%
World rank
57th
of 210 countries
All-time high
5.48 billion current US$
in 2022
All-time low
53.02 million current US$
in 1950
Years of data
77
1948–2024
Imports by region of origin in Panama, 1948–2024
Source: International Monetary Fund (2025) – with major processing by Our World in Data. Measured in current US$.
Analysis
Panama recorded 4.12 billion current US$ for imports by region of origin in 2024.
Compared with earlier readings it is down 8.0% on the previous year and down 17.0% over ten years.
Over the whole period, imports by region of origin in Panama peaked at 5.48 billion current US$ in 2022 and was at its lowest, 53.02 million current US$, in 1950.
That places Panama 57th out of 210 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports by region of origin in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1948 | 56.98 million current US$ | — |
| 1949 | 55.99 million current US$ | -1.7% |
| 1950 | 53.02 million current US$ | -5.3% |
| 1951 | 53.57 million current US$ | +1.0% |
| 1952 | 57.97 million current US$ | +8.2% |
| 1953 | 54.56 million current US$ | -5.9% |
| 1954 | 53.24 million current US$ | -2.4% |
| 1955 | 53.90 million current US$ | +1.2% |
| 1956 | 59.62 million current US$ | +10.6% |
| 1957 | 68.64 million current US$ | +15.1% |
| 1958 | 60.39 million current US$ | -12.0% |
| 1959 | 60.94 million current US$ | +0.9% |
| 1960 | 66.66 million current US$ | +9.4% |
| 1961 | 74.69 million current US$ | +12.0% |
| 1962 | 79.09 million current US$ | +5.9% |
| 1963 | 88.33 million current US$ | +11.7% |
| 1964 | 87.12 million current US$ | -1.4% |
| 1965 | 93.83 million current US$ | +7.7% |
| 1966 | 105.93 million current US$ | +12.9% |
| 1967 | 110.00 million current US$ | +3.8% |
| 1968 | 116.93 million current US$ | +6.3% |
| 1969 | 135.55 million current US$ | +15.9% |
| 1970 | 162.54 million current US$ | +19.9% |
| 1971 | 169.80 million current US$ | +4.5% |
| 1972 | 185.36 million current US$ | +9.2% |
| 1973 | 212.82 million current US$ | +14.8% |
| 1974 | 274.72 million current US$ | +29.1% |
| 1975 | 289.36 million current US$ | +5.3% |
| 1976 | 356.78 million current US$ | +23.3% |
| 1977 | 331.59 million current US$ | -7.1% |
| 1978 | 387.54 million current US$ | +16.9% |
| 1979 | 493.33 million current US$ | +27.3% |
| 1980 | 604.24 million current US$ | +22.5% |
| 1981 | 808.35 million current US$ | +33.8% |
| 1982 | 795.98 million current US$ | -1.5% |
| 1983 | 676.54 million current US$ | -15.0% |
| 1984 | 694.74 million current US$ | +2.7% |
| 1985 | 641.09 million current US$ | -7.7% |
| 1986 | 607.22 million current US$ | -5.3% |
| 1987 | 646.98 million current US$ | +6.5% |
| 1988 | 419.47 million current US$ | -35.2% |
| 1989 | 455.05 million current US$ | +8.5% |
| 1990 | 652.00 million current US$ | +43.3% |
| 1991 | 785.71 million current US$ | +20.5% |
| 1992 | 974.93 million current US$ | +24.1% |
| 1993 | 1.08 billion current US$ | +11.0% |
| 1994 | 1.20 billion current US$ | +10.6% |
| 1995 | 1.30 billion current US$ | +8.7% |
| 1996 | 1.36 billion current US$ | +4.4% |
| 1997 | 1.48 billion current US$ | +9.4% |
| 1998 | 1.79 billion current US$ | +20.3% |
| 1999 | 1.72 billion current US$ | -3.5% |
| 2000 | 1.80 billion current US$ | +4.3% |
| 2001 | 1.37 billion current US$ | -23.7% |
| 2002 | 1.51 billion current US$ | +10.0% |
| 2003 | 1.64 billion current US$ | +8.4% |
| 2004 | 1.83 billion current US$ | +11.6% |
| 2005 | 2.20 billion current US$ | +20.4% |
| 2006 | 2.40 billion current US$ | +9.2% |
| 2007 | 3.43 billion current US$ | +43.0% |
| 2008 | 3.93 billion current US$ | +14.5% |
| 2009 | 3.39 billion current US$ | -13.7% |
| 2010 | 3.68 billion current US$ | +8.6% |
| 2011 | 4.20 billion current US$ | +14.0% |
| 2012 | 4.53 billion current US$ | +7.9% |
| 2013 | 4.62 billion current US$ | +2.0% |
| 2014 | 4.96 billion current US$ | +7.5% |
| 2015 | 4.76 billion current US$ | -4.1% |
| 2016 | 4.61 billion current US$ | -3.2% |
| 2017 | 4.69 billion current US$ | +1.7% |
| 2018 | 4.95 billion current US$ | +5.5% |
| 2019 | 4.89 billion current US$ | -1.1% |
| 2020 | 3.31 billion current US$ | -32.4% |
| 2021 | 5.19 billion current US$ | +57.0% |
| 2022 | 5.48 billion current US$ | +5.5% |
| 2023 | 4.48 billion current US$ | -18.3% |
| 2024 | 4.12 billion current US$ | -8.0% |
Panama compared with similar countries
- Panama's 4.12 billion current US$ is above the median for high income countries, which is 2.57 billion current US$, 1.6× the median. (74 countries reporting)
- Panama's 4.12 billion current US$ is above the median for Latin America & Caribbean, which is 3.34 billion current US$, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 56.48 million current US$ | 55.99 million current US$ | 56.98 million current US$ | 2 |
| 1950s | 57.59 million current US$ | 53.02 million current US$ | 68.64 million current US$ | 10 |
| 1960s | 95.81 million current US$ | 66.66 million current US$ | 135.55 million current US$ | 10 |
| 1970s | 286.38 million current US$ | 162.54 million current US$ | 493.33 million current US$ | 10 |
| 1980s | 634.97 million current US$ | 419.47 million current US$ | 808.35 million current US$ | 10 |
| 1990s | 1.23 billion current US$ | 652.00 million current US$ | 1.79 billion current US$ | 10 |
| 2000s | 2.35 billion current US$ | 1.37 billion current US$ | 3.93 billion current US$ | 10 |
| 2010s | 4.59 billion current US$ | 3.68 billion current US$ | 4.96 billion current US$ | 10 |
| 2020s | 4.52 billion current US$ | 3.31 billion current US$ | 5.48 billion current US$ | 5 |
Countries ranked near Panama
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is imports by region of origin in Panama?
- Imports by region of origin in Panama was 4.12 billion current US$ in 2024, according to International Monetary Fund (2025) – with major processing by Our World in Data.
- What is the highest imports by region of origin recorded in Panama?
- The highest recorded value was 5.48 billion current US$ in 2022.
- What is the lowest imports by region of origin recorded in Panama?
- The lowest recorded value was 53.02 million current US$ in 1950.
- How does Panama rank for imports by region of origin?
- Panama ranks 57th out of 210 countries with data for 2024.
- Is imports by region of origin rising or falling in Panama?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Monetary Fund (2025) – with major processing by Our World in Data, published as part of Imports by region of origin. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 77 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total value of goods a country imports from North America in US dollars, including freight and insurance costs. This data is not adjusted for inflation.