Panama Trade to GDP Ratio 1960-2023

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 2021 was 92.70%, a 18.62% increase from 2020.
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.

Data Source: World Bank

MLA Citation:

Panama Trade to GDP Ratio - Historical Data
Year	Trade (% of GDP)	Annual Change
2021	92.70%	18.62%
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%