Panama Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Panama trade to gdp ratio for 2022 was 95.91%, a 17.15% increase from 2021.
  • Panama trade to gdp ratio for 2021 was 78.76%, a 11.35% increase from 2020.
  • Panama trade to gdp ratio for 2020 was 67.41%, a 13.1% decline from 2019.
  • Panama trade to gdp ratio for 2019 was 80.51%, a 5.64% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 388.51%
Hong Kong 384.86%
Singapore 332.98%
Malta 318.67%
Ireland 234.27%
Slovak Republic 203.95%
Belgium 193.03%
Cyprus 189.76%
Seychelles 186.17%
Slovenia 186.03%
Hungary 185.27%
Netherlands 176.71%
Lithuania 175.61%
Macao 173.62%
Estonia 172.09%
Aruba 160.46%
Czech Republic 151.92%
Latvia 150.37%
Brunei 146.97%
Switzerland 140.17%
Denmark 128.93%
Faroe Islands 124.91%
Poland 123.98%
Croatia 123.83%
Austria 123.69%
Antigua and Barbuda 117.63%
Greece 108.00%
Sweden 102.99%
Portugal 101.61%
Qatar 100.19%
Germany 99.88%
Puerto Rico 98.50%
South Korea 96.54%
Panama 95.91%
Finland 93.23%
Palau 92.54%
Iceland 91.72%
Bahamas 83.17%
Norway 82.61%
Spain 80.54%
Barbados 76.46%
Bermuda 75.51%
Chile 74.99%
Italy 74.64%
France 73.25%
Guam 71.87%
United Kingdom 69.53%
Canada 67.56%
French Polynesia 67.23%
Saudi Arabia 63.51%
Israel 60.50%
Uruguay 58.83%
New Zealand 54.09%
Japan 46.84%
Australia 45.14%
Argentina 31.65%
United States 27.04%
Panama Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 95.91% 17.15%
2021 78.76% 11.35%
2020 67.41% -13.10%
2019 80.51% -5.64%
2018 86.16% -1.27%
2017 87.43% 0.02%
2016 87.41% -12.53%
2015 99.94% -19.15%
2014 119.09% -18.54%
2013 137.63% -20.42%
2012 158.06% -4.43%
2011 162.49% 14.21%
2010 148.28% 9.29%
2009 138.98% -27.72%
2008 166.70% 17.13%
2007 149.57% 11.67%
2006 137.90% 2.20%
2005 135.69% 12.04%
2004 123.65% 8.96%
2003 114.69% -7.16%
2002 121.85% -8.25%
2001 130.10% -3.89%
2000 133.99% 7.30%
1999 126.69% -24.58%
1998 151.27% -14.08%
1997 165.34% 9.34%
1996 156.01% 9.10%
1995 146.91% 3.30%
1994 143.61% 3.93%
1993 139.68% -5.20%
1992 144.88% 4.63%
1991 140.25% 18.45%
1990 121.79% 12.20%
1989 109.60% 11.93%
1988 97.67% -0.93%
1987 98.59% 1.26%
1986 97.33% 3.27%
1985 94.06% 2.18%
1984 91.88% -1.26%
1983 93.14% -23.65%
1982 116.79% -16.94%
1981 133.72% -3.78%
1980 137.50% 5.64%
1979 131.86% 6.05%
1978 125.82% -11.20%
1977 137.02% -0.05%
1976 137.07% -12.76%
1975 149.83% -0.31%
1974 150.14% 36.36%
1973 113.78% -1.25%
1972 115.02% -0.02%
1971 115.05% -2.32%
1970 117.37% 0.08%
1969 117.29% 3.31%
1968 113.98% -0.74%
1967 114.73% -1.39%
1966 116.11% 3.44%
1965 112.67% 3.25%
1964 109.42% -3.33%
1963 112.75% 2.40%
1962 110.35% 9.50%
1961 100.85% 0.69%
1960 100.17% 0.69%