Value of exported goods and services in Panama
Panama: Value of exported goods and services was 38.19 billion constant 2015 US$ in 2024. ▲ Rising
Value of exported goods and services in Panama, 1996–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for value of exported goods and services in Panama is 38.19 billion constant 2015 US$, measured in 2024. That is the highest value across all 29 years on record.
That represents a change of up 1.6% on the previous year and up 45.0% over ten years.
Over the whole period, value of exported goods and services in Panama peaked at 38.19 billion constant 2015 US$ in 2024 and was at its lowest, 10.06 billion constant 2015 US$, in 1999.
Panama ranks 65th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.97 billion constant 2015 US$ | 10.06 billion constant 2015 US$ | 11.56 billion constant 2015 US$ | 4 |
| 2000s | 14.83 billion constant 2015 US$ | 10.28 billion constant 2015 US$ | 21.92 billion constant 2015 US$ | 10 |
| 2010s | 26.87 billion constant 2015 US$ | 22.67 billion constant 2015 US$ | 29.79 billion constant 2015 US$ | 10 |
| 2020s | 32.91 billion constant 2015 US$ | 23.08 billion constant 2015 US$ | 38.19 billion constant 2015 US$ | 5 |
Countries ranked near Panama
- 62 Bulgaria 40.79 billion constant 2015 US$ compare
- 63 Serbia 38.47 billion constant 2015 US$ compare
- 64 Croatia 38.42 billion constant 2015 US$ compare
- 66 Belarus 36.96 billion constant 2015 US$ compare
- 67 Algeria 36.19 billion constant 2015 US$ compare
- 68 Cyprus 34.89 billion constant 2015 US$ compare
More economy & growth data for Panama
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.8% (2025)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (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 value of exported goods and services in Panama?
- Value of exported goods and services in Panama was 38.19 billion constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest value of exported goods and services recorded in Panama?
- The highest recorded value was 38.19 billion constant 2015 US$ in 2024.
- What is the lowest value of exported goods and services recorded in Panama?
- The lowest recorded value was 10.06 billion constant 2015 US$ in 1999.
- How does Panama rank for value of exported goods and services?
- Panama ranks 65th out of 170 countries with data for 2024.
- Is value of exported goods and services rising or falling in Panama?
- Over the last ten years it is up 45.0%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Value of exported goods and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Value of exported goods and market services provided to the rest of the world. This data is expressed in US dollars, adjusted for inflation.