Panama Trade to GDP Ratio 1960-2021

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 2019 was 83.21%, a 6.18% decline from 2018.
  • Panama trade to gdp ratio for 2018 was 89.39%, a 1.73% increase from 2017.
  • Panama trade to gdp ratio for 2017 was 87.67%, a 0.26% increase from 2016.
  • Panama trade to gdp ratio for 2016 was 87.41%, a 12.53% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 381.52%
Hong Kong 353.23%
Singapore 319.15%
Malta 273.72%
Ireland 239.22%
Slovak Republic 184.48%
Seychelles 172.26%
Belgium 163.06%
Hungary 161.26%
UAE 160.94%
Slovenia 159.03%
Netherlands 156.22%
Lithuania 149.69%
Cyprus 144.82%
Czech Republic 142.76%
Estonia 141.81%
Latvia 121.09%
Switzerland 119.44%
Macao 116.94%
Denmark 109.29%
Brunei 108.51%
Austria 107.78%
Oman 106.75%
Poland 106.36%
Croatia 104.17%
Sweden 90.48%
Qatar 90.32%
Germany 87.99%
Portugal 86.78%
Iceland 85.92%
Barbados 83.69%
Panama 83.21%
Finland 80.04%
South Korea 77.00%
Bahamas 75.92%
Bermuda 75.86%
Greece 74.38%
Norway 72.15%
Spain 66.78%
Canada 64.98%
France 64.52%
United Kingdom 64.29%
Saudi Arabia 63.66%
Italy 59.96%
Israel 56.77%
Chile 56.76%
Australia 45.71%
Uruguay 41.03%
Argentina 32.63%
United States 26.31%
Panama Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2019 83.21% -6.18%
2018 89.39% 1.73%
2017 87.67% 0.26%
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 148.27% 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%