Exports (% of GDP) — all countries

Exports (% of GDP) — Panama

Exports (% of GDP) in Panama in 2024 — 44.36%. Ranked 62 in the world out of 172. Since 1960, the indicator has fallen by 1.43 pp.

2024 44.36% −1.27 pp vs 2023
World rank 62of 172
Period maximum 88.92%1997
Period minimum 36.27%2020

Trend over time

1960–2024 · % of GDP

Exports (% of GDP) — Panama, 1960–20242040608010019601967197419811988199520022009201620231960: 45.79%1962: 53.18%1964: 52.47%1966: 55.79%1968: 57.3%1970: 55.79%1972: 53.45%1974: 67.59%1976: 62.85%1978: 59.03%1980: 65.03%1982: 56.81%1984: 44.51%1986: 47.11%1988: 49.81%1990: 57.49%1992: 66.36%1994: 66.04%1996: 83.43%1998: 76.92%2000: 68.96%2002: 62.83%2004: 60.58%2006: 69.19%2008: 78.3%2010: 70.03%2012: 74.54%2014: 54.89%2016: 41.74%2018: 42.35%2020: 36.27%2022: 48.03%2024: 44.36%
Change over the period: −1.43 pp Annual average: -0.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Panama

Panama 44.36%
World 29.08%
Central America computed 36.41%
High-income countries computed 30.33%
Exports (% of GDP) — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2024 44.36 −1.27 pp
2023 45.63 −2.4 pp
2022 48.03 +6.42 pp
2021 41.61 +5.34 pp
2020 36.27 −3.95 pp
2019 40.21 −2.13 pp
2018 42.35 +0.88 pp
2017 41.47 −0.27 pp
2016 41.74 −5.65 pp
2015 47.39 −7.5 pp
2014 54.89 −9.67 pp
2013 64.56 −9.98 pp
2012 74.54 −3.2 pp
2011 77.75 +7.72 pp
2010 70.03 +0.06 pp
2009 69.96 −8.33 pp
2008 78.3 +6.32 pp
2007 71.98 +2.78 pp
2006 69.19 +0.96 pp
2005 68.24 +7.66 pp
2004 60.58 +2.44 pp
2003 58.13 −4.7 pp
2002 62.83 −5.87 pp
2001 68.7 −0.26 pp
2000 68.96 +5.18 pp
1999 63.78 −13.14 pp
1998 76.92 −12 pp
1997 88.92 +5.49 pp
1996 83.43 +16.58 pp
1995 66.85 +0.81 pp
1994 66.04 +1.98 pp
1993 64.06 −2.3 pp
1992 66.36 +2 pp
1991 64.35 +6.86 pp
1990 57.49 +5.23 pp
1989 52.26 +2.45 pp
1988 49.81 +2.45 pp
1987 47.36 +0.25 pp
1986 47.11 +1.67 pp
1985 45.44 +0.94 pp
1984 44.51 −2.63 pp
1983 47.14 −9.67 pp
1982 56.81 −5.48 pp
1981 62.29 −2.74 pp
1980 65.03 +6.08 pp
1979 58.95 −0.08 pp
1978 59.03 −6.28 pp
1977 65.31 +2.46 pp
1976 62.85 −6.14 pp
1975 68.99 +1.4 pp
1974 67.59 +14.01 pp
1973 53.57 +0.12 pp
1972 53.45 −0.87 pp
1971 54.32 −1.46 pp
1970 55.79 −1.62 pp
1969 57.41 +0.11 pp
1968 57.3 +0.94 pp
1967 56.35 +0.56 pp
1966 55.79 +1.35 pp
1965 54.44 +1.96 pp
1964 52.47 −0.18 pp
1963 52.66 −0.52 pp
1962 53.18 +5.99 pp
1961 47.19 +1.4 pp
1960 45.79

Central America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Exports of goods and services as a percent of GDP — a measure of how far an economy is oriented toward external markets. In small open economies and transit hubs the indicator can exceed 100% of GDP: exports are counted at the full value of the goods while GDP is counted as value added, so re-exports and assembly production inflate the figure.

Source: World Development Indicators (World Bank), license CC BY 4.0.