COUNTRY / INDICATOR
Panama Exports
Panama exports: latest available value for 2024, historical series from 2016, ranking context and source documentation.
Series overview
NE.EXP.GNFS.ZS| Year | Value | Change |
|---|---|---|
| 2024 | 44,36 | -1,27 |
| 2023 | 45,63 | -2,40 |
| 2022 | 48,03 | 6,42 |
| 2021 | 41,61 | 5,34 |
| 2020 | 36,27 | -3,95 |
| 2019 | 40,21 | -2,13 |
| 2018 | 42,35 | 0,88 |
| 2017 | 41,47 | -0,27 |
| 2016 | 41,74 | — |
Source methodology
World Development IndicatorsIndicator note: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source organization: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB)
Metadata fetched: 2026-08-01 01:36:27. Open original metadata response.
Revision history
6 detected changesSource revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.
| Detected | Data year | Previous value | Replacement value | Source | Source update |
|---|---|---|---|---|---|
| 2026-08-01 03:23:02 | 2019 | 40,21 | 40,21 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:23:02 | 2020 | 36,27 | 36,27 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:23:02 | 2021 | 41,61 | 41,61 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:23:02 | 2022 | 48,03 | 48,03 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:23:02 | 2023 | 45,63 | 45,63 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-01 03:23:02 | 2024 | 44,36 | 44,36 | World Bank Indicators API | 2026-07-13 02:00:00 |
Country-specific interpretation
Automatically derived from the displayed seriesPanama recorded 44,36 percent of GDP in 2024, the latest year available in this series.
Compared with 2023, the exports decreased by 1,27.
Across the latest five-year comparison window, the series shows an upward direction.
Across 9 observations from 2016 to 2024, the average was 42,41; the minimum was 36,27 in 2020 and the maximum was 48,03 in 2022.
Panama ranks 67 out of 187 countries with a current value in the portal ranking.
The latest value is above the available average for Latin America & Caribbean.
It is also below the available average for the High income group.
Export orientation and external demand exposure.