Panama Trade to GDP Ratio 1960-2022

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 2020 was 74.08%, a 10.91% decline from 2019.
  • Panama trade to gdp ratio for 2019 was 84.98%, a 5.01% decline from 2018.
  • Panama trade to gdp ratio for 2018 was 89.99%, a 2.56% increase from 2017.
  • Panama trade to gdp ratio for 2017 was 87.43%, a 0.02% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 376.30%
Hong Kong 350.73%
Singapore 331.73%
San Marino 304.90%
Malta 285.83%
Ireland 239.95%
Seychelles 176.74%
Slovak Republic 169.95%
UAE 162.21%
Belgium 158.68%
Hungary 155.94%
Cyprus 154.09%
Slovenia 146.54%
Netherlands 145.30%
Estonia 141.87%
Bahrain 139.81%
Lithuania 137.72%
Czech Republic 135.15%
Aruba 129.27%
Macao 121.25%
Latvia 119.70%
Switzerland 115.89%
Virgin Islands (U.S.) 114.96%
Brunei 110.29%
Cayman Islands 106.35%
Poland 105.58%
Denmark 103.31%
Austria 100.00%
Faroe Islands 97.15%
Antigua and Barbuda 91.53%
Croatia 90.81%
Qatar 90.02%
Greenland 85.20%
Sweden 84.52%
Germany 81.11%
Oman 81.05%
Portugal 76.18%
Panama 74.08%
Bermuda 71.66%
Greece 71.58%
Finland 71.28%
South Korea 69.22%
Iceland 69.18%
Barbados 66.29%
Norway 65.33%
Guam 64.10%
Canada 60.78%
Spain 59.77%
Bahamas 59.46%
Chile 58.50%
France 57.77%
United Kingdom 56.43%
Italy 55.40%
Saudi Arabia 52.08%
Israel 51.41%
Uruguay 45.82%
New Zealand 44.22%
Australia 44.04%
Japan 31.36%
Argentina 30.15%
United States 23.44%
Panama Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2020 74.08% -10.91%
2019 84.98% -5.01%
2018 89.99% 2.56%
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%