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Panama
Imports of goods and services (% of GDP)

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Global rank#98out of 172 countries
Go to rankingOpenglobal ranking and map

Historical trend

86.372.859.445.932.4196019922024Panama · 2024: 39.32%Panama

Analytical takeaways

  • Panama records 39.32% for Imports of goods and services (% of GDP) in 2024, ranking #98 globally out of 172 countries.
  • Imports of goods and services (% of GDP) declined from 54.38% in 1960 to 39.32% in 2024, a decrease of 15.06%.
  • The country sits in the middle of the global distribution for this metric, making the page a balanced entry point for comparative analysis beyond the extremes.

Comparison

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