Panama Trade Balance 1960-2023
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Panama trade balance for 2017 was $-2.38B, a 18.53% increase from 2016.
- Panama trade balance for 2016 was $-2.01B, a 18.83% decline from 2015.
- Panama trade balance for 2015 was $-2.47B, a 40.92% decline from 2014.
- Panama trade balance for 2014 was $-4.18B, a 25.42% increase from 2013.
Panama Trade Balance - Historical Data |
Year |
Billions of US $ |
% of GDP |
2017 |
$-2.38B |
-3.82% |
2016 |
$-2.01B |
-3.46% |
2015 |
$-2.47B |
-4.57% |
2014 |
$-4.18B |
-8.38% |
2013 |
$-3.33B |
-7.31% |
2012 |
$-3.10B |
-7.68% |
2011 |
$-2.09B |
-6.03% |
2010 |
$-2.41B |
-8.19% |
2009 |
$0.18B |
0.65% |
2008 |
$-2.65B |
-10.52% |
2007 |
$-1.42B |
-6.65% |
2006 |
$-1.01B |
-5.55% |
2005 |
$-1.10B |
-6.69% |
2004 |
$-1.22B |
-8.12% |
2003 |
$-0.82B |
-6.01% |
2002 |
$-0.85B |
-6.57% |
2001 |
$-0.73B |
-5.83% |
2000 |
$-1.23B |
-9.97% |
1999 |
$-1.57B |
-12.98% |
1998 |
$-1.85B |
-15.96% |
1997 |
$-1.21B |
-11.37% |
1996 |
$-1.33B |
-13.43% |
1995 |
$-1.26B |
-13.21% |
1994 |
$-1.08B |
-11.52% |
1993 |
$-1.02B |
-11.56% |
1992 |
$-0.98B |
-12.17% |
1991 |
$-0.82B |
-11.54% |
1990 |
$-0.44B |
-6.81% |
1989 |
$-0.30B |
-5.08% |
1988 |
$0.12B |
1.95% |
1987 |
$-0.26B |
-3.86% |
1986 |
$-0.21B |
-3.11% |
1985 |
$-0.21B |
-3.18% |
1984 |
$-0.18B |
-2.86% |
1983 |
$0.07B |
1.14% |
1982 |
$-0.18B |
-3.17% |
1981 |
$-0.48B |
-9.14% |
1980 |
$-0.34B |
-7.44% |
1979 |
$-0.52B |
-13.96% |
1978 |
$-0.25B |
-7.77% |
1977 |
$-0.18B |
-6.40% |
1976 |
$-0.29B |
-11.37% |
1975 |
$-0.29B |
-11.84% |
1974 |
$-0.33B |
-14.96% |
1973 |
$-0.13B |
-6.63% |
1972 |
$-0.14B |
-8.12% |
1971 |
$-0.10B |
-6.40% |
1970 |
$-0.08B |
-5.80% |
1969 |
$-0.03B |
-2.47% |
1968 |
$0.01B |
0.61% |
1967 |
$-0.02B |
-2.02% |
1966 |
$-0.04B |
-4.54% |
1965 |
$-0.03B |
-3.80% |
1964 |
$-0.03B |
-4.47% |
1963 |
$-0.05B |
-7.43% |
1962 |
$-0.03B |
-3.99% |
1961 |
$-0.04B |
-6.48% |
1960 |
$-0.05B |
-8.59% |