Panama—Exports of Goods & Services (% of GDP)
Category: TradeSource: World Bank World Development Indicators ↗Global Rank: #65 of 183Updated April 2026
Latest Value
44.4%
2024
YoY Change
-2.8%
2023 → 2024
Global Rank
#65
of 183 countries
Maximum
78.3%
2008
Minimum
36.3%
2020
CAGR
-1.8%
25 years
Last
44.4%
Previous
45.6%
Highest
78.3%
Lowest
36.3%
Source
World Bank World Development Indicators
Panama's exports of goods & services (% of gdp) was 44.4% in 2024, ranking #65 out of 183 countries. This represents a -2.8% change from 2023. Over the past 25 years, the highest recorded value was 78.3% (2008) and the lowest was 36.3% (2020). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 44.4% | -2.8% |
| 2023 | 45.6% | -5.0% |
| 2022 | 48.0% | +15.4% |
| 2021 | 41.6% | +14.7% |
| 2020 | 36.3% | -9.8% |
| 2019 | 40.2% | -5.0% |
| 2018 | 42.3% | +2.1% |
| 2017 | 41.5% | -0.6% |
| 2016 | 41.7% | -11.9% |
| 2015 | 47.4% | -13.7% |
| 2014 | 54.9% | -15.0% |
| 2013 | 64.6% | -13.4% |
| 2012 | 74.5% | -4.1% |
| 2011 | 77.7% | +11.0% |
| 2010 | 70.0% | +0.1% |
| 2009 | 70.0% | -10.6% |
| 2008 | 78.3% | +8.8% |
| 2007 | 72.0% | +4.0% |
| 2006 | 69.2% | +1.4% |
| 2005 | 68.2% | +12.6% |
| 2004 | 60.6% | +4.2% |
| 2003 | 58.1% | -7.5% |
| 2002 | 62.8% | -8.5% |
| 2001 | 68.7% | -0.4% |
| 2000 | 69.0% |
Top Countries — Exports of Goods & Services (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Luxembourg | 191.5% | 2024 |
| 2 | San Marino | 186.0% | 2023 |
| 3 | Hong Kong SAR, China | 181.8% | 2024 |
| 4 | Singapore | 178.8% | 2024 |
| 5 | Ireland | 144.0% | 2024 |
| 6 | Djibouti | 126.4% | 2024 |
| 7 | Malta | 118.5% | 2024 |
| 8 | United Arab Emirates | 106.8% | 2023 |
| 9 | Virgin Islands (U.S.) | 97.4% | 2022 |
| 10 | Cyprus | 97.0% | 2024 |