Panama Total Trade of Goods & Services: % of Nominal GDP
Key information about Panama Total Trade of Goods and Services: % of Nominal GDP
- Panama Total Trade of Goods & Services: % of Nominal GDP recorded 89.533 % in Dec 2023, compared with 93.687 % in the previous year.
- Panama Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1960 to Dec 2023, with an averaged value of 118.232 %.
- The data reached an all-time high of 166.699 % in Dec 2008 and a record low of 68.700 % in Dec 2020.
CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. The National Institute of Statistics and Census provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 2008. Total Trade of Goods and Services as % of Nominal GDP prior to 2018 is calculated from Nominal GDP Nominal GDP prior to 2018 based on previous benchmark year. Prior to 2007, it is calculated from Nominal GDP and Total Trade of Goods and Services both sourced from the World Bank.
View Panama's Total Trade of Goods & Services: % of Nominal GDP from 1960 to 2023 in the chart:
What was Panama's Total Trade of Goods & Services: % of Nominal GDP in 2023?
Panama Total Trade of Goods & Services: % of Nominal GDP recorded 89.533 % in Dec 2023, compared with 93.687 % in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
89.533 2023 | 93.687 2022 | 68.700 2020 | 166.699 2008 | % | yearly | 1960 - 2023 |
Total Trade of Goods & Services: % of Nominal GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 92.104 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Algeria (%) | 46.195 2023 | yearly | 1950 - 2023 |
Argentina (%) | 27.984 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Armenia (%) | 122.798 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
Australia (%) | 46.221 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
Austria (%) | 112.450 Sep 2024 | quarterly | Mar 1964 - Sep 2024 |
Azerbaijan (%) | 84.153 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Bahrain (%) | 157.832 2023 | yearly | 1975 - 2023 |
Bangladesh (%) | 28.888 2024 | yearly | 1960 - 2024 |
Belarus (%) | 123.719 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Belgium (%) | 156.631 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Bolivia (%) | 48.213 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | 93.919 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Botswana (%) | 61.138 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Brazil (%) | 37.726 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Brunei (%) | 127.326 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Bulgaria (%) | 108.071 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Cambodia (%) | 145.874 2022 | yearly | 1988 - 2022 |
Canada (%) | 62.349 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
Chile (%) | 65.558 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
China (%) | 38.987 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Colombia (%) | 37.049 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Croatia (%) | 110.838 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Cyprus (%) | 180.045 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Czech Republic (%) | 126.417 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Denmark (%) | 131.338 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
Ecuador (%) | 57.813 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Egypt (%) | 47.197 Sep 2024 | quarterly | Sep 2001 - Sep 2024 |
Estonia (%) | 146.856 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
European Union (%) | 96.640 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Finland (%) | 82.049 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
France (%) | 67.009 Sep 2024 | quarterly | Mar 1975 - Sep 2024 |
Georgia (%) | 109.812 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Germany (%) | 81.411 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ghana (%) | 69.037 2023 | yearly | 1983 - 2023 |
Greece (%) | 92.149 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Hong Kong SAR, China (%) | 358.634 Sep 2024 | quarterly | Mar 1973 - Sep 2024 |
Hungary (%) | 142.128 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Iceland (%) | 88.281 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
India (%) | 46.293 Sep 2024 | quarterly | Jun 1996 - Sep 2024 |
Indonesia (%) | 43.294 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Iran (%) | 51.598 2022 | yearly | 1959 - 2022 |
Ireland (%) | 240.191 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Israel (%) | 54.492 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Italy (%) | 62.600 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Ivory Coast (%) | 47.669 2023 | yearly | 1960 - 2023 |
Japan (%) | 47.564 Sep 2024 | quarterly | Mar 1955 - Sep 2024 |
Jordan (%) | 80.489 2021 | yearly | 1967 - 2021 |
Kazakhstan (%) | 43.521 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Kenya (%) | 32.092 2023 | yearly | 1964 - 2023 |
South Korea (%) | 85.433 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Kosovo (%) | 133.643 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
Kuwait (%) | 90.919 2022 | yearly | 1962 - 2022 |
Kyrgyzstan (%) | 98.747 Sep 2016 | quarterly | Mar 2000 - Sep 2016 |
Laos (%) | 75.092 2016 | yearly | 1984 - 2016 |
Latvia (%) | 134.597 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Lebanon (%) | 87.417 2020 | yearly | 1990 - 2020 |
Lithuania (%) | 138.916 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Luxembourg (%) | 399.556 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Macau SAR, China (%) | 130.716 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
North Macedonia (%) | 133.848 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Malawi (%) | 46.122 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 139.674 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Malta (%) | 228.195 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Mauritius (%) | 102.861 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Mexico (%) | 77.140 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Moldova (%) | 82.450 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Mongolia (%) | 149.099 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Montenegro (%) | 115.171 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
Morocco (%) | 97.106 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mozambique (%) | 105.628 2023 | yearly | 1991 - 2022 |
Myanmar (%) | 49.145 2019 | yearly | 2019 - 2019 |
Nepal (%) | 41.638 2024 | yearly | 1969 - 2024 |
Netherlands (%) | 159.513 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
New Zealand (%) | 50.085 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
Nigeria (%) | 63.899 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Norway (%) | 82.034 Sep 2024 | quarterly | Mar 1978 - Sep 2024 |
Oman (%) | 95.667 2021 | yearly | 1980 - 2021 |
Pakistan (%) | 27.478 2024 | yearly | 2000 - 2024 |
Palestinian Territory (%) | 87.303 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Panama (%) | 89.533 2023 | yearly | 1960 - 2023 |
Paraguay (%) | 83.160 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Peru (%) | 53.495 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Philippines (%) | 73.650 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
Poland (%) | 103.888 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Portugal (%) | 93.672 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
Qatar (%) | 100.333 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Romania (%) | 72.097 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Russia (%) | 39.834 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Saudi Arabia (%) | 61.513 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
Serbia (%) | 113.106 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Singapore (%) | 311.143 Sep 2024 | quarterly | Mar 1975 - Sep 2024 |
Slovakia (%) | 174.223 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Slovenia (%) | 154.951 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
South Africa (%) | 62.120 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Spain (%) | 70.680 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Sri Lanka (%) | 44.832 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
Sudan (%) | 41.299 2019 | yearly | 1996 - 2019 |
Sweden (%) | 104.962 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Switzerland (%) | 126.111 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
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Learn more about what we doPanama Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.0 2023 | yearly | 2003 - 2023 |
Consolidated Fiscal Balance (USD mn) | -2,462.500 2023 | yearly | 2003 - 2023 |
Tax Revenue (USD mn) | 376.798 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Tax Revenue: % of GDP (%) | 5.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
National Government Debt (USD mn) | 53,873.6 Nov 2024 | monthly | Jul 2004 - Nov 2024 |
Government Debt: % of GDP (%) | 61.6 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Forecast: Government Expenditure (PAB bn) | 23.007 2029 | yearly | 1994 - 2029 |
Forecast: Government Net Debt (PAB bn) | 59.883 2029 | yearly | 1994 - 2029 |
Forecast: Government Revenue (PAB bn) | 21.105 2029 | yearly | 1994 - 2029 |
Central Government Revenue: Current Revenue (PAB th) | 509,360.329 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Central Government Revenue: Current Revenue: Tax (PAB th) | 376,797.799 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) | 150,376.752 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Public Debt: Domestic (USD mn) | 9,827.461 Nov 2024 | monthly | Jul 2004 - Nov 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 7.314 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -1,259.9 Oct 2024 | monthly | Jan 1964 - Oct 2024 |
Total Exports (USD mn) | 145.2 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
Total Exports Growth (%) | -71.9 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
Aluminum: Exports (USD th) | 6,067.531 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 329,464.345 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 10,079.101 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 1,349.5 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Total Imports Growth (%) | 8.2 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
Imports: Medicament (USD th) | 1,071,085.390 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 333,744.579 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 33.249 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
Total Imports from USA (USD mn) | 204.656 Sep 2024 | monthly | Jan 1967 - Sep 2024 |
Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
Total Imports from China (USD mn) | 225.157 Sep 2024 | monthly | Mar 1989 - Sep 2024 |
Exports: FOB: America: NAFTA: Mexico (PAB th) | 30,335.000 2021 | yearly | 1999 - 2021 |
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) | 6,147.94 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
Exports: FOB: Raw Wood (PAB th) | 7,428.13 Apr 2018 | monthly | Jan 2017 - Apr 2018 |
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) | 48,718.000 2021 | yearly | 1999 - 2021 |
Export Value Index (2015=100) | 115.979 2021 | yearly | 1981 - 2021 |
Import Value Index (2015=100) | 91.522 2021 | yearly | 1981 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 52.0 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Current Account Balance (USD mn) | 824.1 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Current Account Balance: % of GDP (%) | 3.9 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Foreign Direct Investment (USD mn) | 726.8 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Foreign Direct Investment: % of GDP (%) | 3.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Foreign Portfolio Investment (USD mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Foreign Portfolio Investment: % of GDP (%) | -1.7 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
External Debt (USD mn) | 44,046.2 Nov 2024 | monthly | Jul 2004 - Nov 2024 |
External Debt: % of GDP (%) | 167.4 2021 | yearly | 2014 - 2021 |
External Debt: Short Term (USD mn) | 39,768.7 Dec 2021 | quarterly | Sep 2014 - Dec 2021 |
External Debt: Short Term: % of GDP (%) | 59.0 2021 | yearly | 1970 - 2021 |
Forecast: Current Account Balance (USD bn) | -2.904 2029 | yearly | 1980 - 2029 |
Net International Investment Position (USD mn) | -78,418.321 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Balance of Payment (BoP): Current Account (CA) (PAB mn) | 824.140 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Income (PAB mn) | -1,297.490 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Net Errors and Omissions (PAB mn) | -2,237.755 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Goods: Credit (PAB mn) | 4,331.072 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Financing: Reserve Assets (PAB mn) | -5.330 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Income: Credit (PAB mn) | 1,000.008 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account: Debit (PAB mn) | 0.000 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Services (PAB mn) | 3,683.629 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account: Credit (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Goods: Debit (PAB mn) | -5,833.509 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Income: Debit (PAB mn) | -2,297.497 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: FA: Portfolio Investment: Assets (PAB mn) | 924.830 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Capital Account (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Goods (PAB mn) | -1,502.437 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: FA: Direct Investment (PAB mn) | 674.772 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: Financial Account (FA) (PAB mn) | 1,446.866 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Services: Credit (PAB mn) | 5,032.566 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
BoP: CA: Services: Debit (PAB mn) | -1,348.937 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
International Investment Position (IIP) (USD mn) | -78,418.321 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
IIP: Assets (USD mn) | 103,227.647 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
IIP: Liabilities (USD mn) | 181,645.968 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
Foreign Direct Investment (FDI) (PAB mn) | 726.814 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.6 Oct 2024 | monthly | Dec 2008 - Oct 2024 |
Household Debt: % of GDP (%) | 38.3 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Non-Performing Loans (USD mn) | 1,559.690 Oct 2024 | monthly | Dec 2008 - Oct 2024 |
Money Supply M1 (USD mn) | 8,471.220 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Money Supply M2 (USD mn) | 41,589.720 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
M2 Growth (%) | 9.8 Sep 2024 | monthly | Dec 2003 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 5,684.4 Oct 2024 | monthly | Oct 1969 - Oct 2024 |
Foreign Exchange Reserves: % of GDP (%) | 5.697 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 4.2 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Sep 1969 - Mar 2024 |
Total Deposits (USD mn) | 107,351.873 Sep 2024 | monthly | Dec 1998 - Sep 2024 |
Total Deposits Growth (%) | 6.8 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
Domestic Credit (USD mn) | 64,183.2 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
Domestic Credit Growth (%) | 5.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Household Debt (USD mn) | 32,710.8 Oct 2024 | monthly | Oct 2005 - Oct 2024 |
Total Loans (USD mn) | 96,404.929 Sep 2024 | monthly | Dec 1998 - Sep 2024 |
Total Loans Growth (%) | 8.77 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 69.77 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Money Supply: M3 (PAB mn) | 41,589.720 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,071.440 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
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