Imports (% of GDP) — all countries

Imports (% of GDP) — Panama

Imports (% of GDP) in Panama in 2024 — 39.32%. Ranked 98 in the world out of 172. Since 1960, the indicator has fallen by 15.06 pp.

2024 39.32% −3.4 pp vs 2023
World rank 98of 172
Period maximum 86.29%2008
Period minimum 32.43%2020

Trend over time

1960–2024 · % of GDP

Imports (% of GDP) — Panama, 1960–20242040608010019601967197419811988199520022009201620231960: 54.38%1962: 57.17%1964: 56.94%1966: 60.32%1968: 56.69%1970: 61.59%1972: 61.57%1974: 82.55%1976: 74.22%1978: 66.79%1980: 72.47%1982: 59.98%1984: 47.37%1986: 50.22%1988: 47.86%1990: 64.3%1992: 78.52%1994: 77.57%1996: 82.18%1998: 81.08%2000: 70.24%2002: 63.2%2004: 64.18%2006: 72.28%2008: 86.29%2010: 75.42%2012: 78.66%2014: 60.08%2016: 42.66%2018: 43.78%2020: 32.43%2022: 45.45%2024: 39.32%
Change over the period: −15.06 pp Annual average: -0.24 pp

Comparison, 2024

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

Panama 39.32%
World 28.11%
Central America computed 38.35%
High-income countries computed 29.44%
Imports (% of GDP) — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2024 39.32 −3.4 pp
2023 42.72 −2.73 pp
2022 45.45 +6.92 pp
2021 38.53 +6.1 pp
2020 32.43 −7.78 pp
2019 40.21 −3.57 pp
2018 43.78 +1.21 pp
2017 42.58 −0.08 pp
2016 42.66 −6.54 pp
2015 49.19 −10.89 pp
2014 60.08 −8.43 pp
2013 68.51 −10.15 pp
2012 78.66 −1.8 pp
2011 80.46 +5.04 pp
2010 75.42 +8.34 pp
2009 67.08 −19.21 pp
2008 86.29 +9.6 pp
2007 76.69 +4.41 pp
2006 72.28 +1.3 pp
2005 70.98 +6.79 pp
2004 64.18 +5.05 pp
2003 59.13 −4.06 pp
2002 63.2 −3.69 pp
2001 66.88 −3.35 pp
2000 70.24 +2.47 pp
1999 67.77 −13.3 pp
1998 81.08 −4.72 pp
1997 85.79 +3.62 pp
1996 82.18 +2.12 pp
1995 80.06 +2.49 pp
1994 77.57 +1.95 pp
1993 75.62 −2.9 pp
1992 78.52 +2.63 pp
1991 75.89 +11.59 pp
1990 64.3 +6.96 pp
1989 57.34 +9.48 pp
1988 47.86 −3.37 pp
1987 51.23 +1.01 pp
1986 50.22 +1.6 pp
1985 48.62 +1.25 pp
1984 47.37 +1.37 pp
1983 46 −13.98 pp
1982 59.98 −11.46 pp
1981 71.43 −1.04 pp
1980 72.47 −0.44 pp
1979 72.91 +6.12 pp
1978 66.79 −4.92 pp
1977 71.71 −2.51 pp
1976 74.22 −6.61 pp
1975 80.83 −1.72 pp
1974 82.55 +22.35 pp
1973 60.2 −1.37 pp
1972 61.57 +0.85 pp
1971 60.72 −0.86 pp
1970 61.59 +1.7 pp
1969 59.88 +3.19 pp
1968 56.69 −1.68 pp
1967 58.37 −1.95 pp
1966 60.32 +2.09 pp
1965 58.23 +1.29 pp
1964 56.94 −3.15 pp
1963 60.09 +2.92 pp
1962 57.17 +3.5 pp
1961 53.67 −0.71 pp
1960 54.38

Central America, 2024

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

About the indicator

Imports of goods and services as a percent of GDP — a measure of how far an economy depends on supplies from abroad. High values are typical both of small open economies and of countries embedded in global supply chains, where imported components are processed and shipped back out.

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