Panama Total Trade of Goods & Services: % of Nominal GDP

1960 - 2020 | Yearly | % | CEIC Data

Key information about Panama Total Trade of Goods and Services: % of Nominal GDP

  • Panama Total Trade of Goods & Services: % of Nominal GDP recorded 74.077 % in Dec 2020, compared with 84.982 % in the previous year.
  • Panama Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1960 to Dec 2020, with an averaged value of 121.794 %.
  • The data reached an all-time high of 166.699 % in Dec 2008 and a record low of 74.077 % 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 2007 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 2020 in the chart:

Panama Total Trade of Goods & Services: % of Nominal GDP

What was Panama's Total Trade of Goods & Services: % of Nominal GDP in 2020?

Panama Total Trade of Goods & Services: % of Nominal GDP recorded 74.077 % in Dec 2020, compared with 84.982 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
74.077 2020 84.982 2019 74.077 2020 166.699 2008 % yearly 1960 - 2020

Total Trade of Goods & Services: % of Nominal GDP by Country Comparison

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Includes Total Trade of Goods & Services: % of Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 77.886 Mar 2022 quarterly Mar 2008 - Mar 2022
Algeria (%) 45.312 2020 yearly 1950 - 2020
Argentina (%) 31.328 Mar 2022 quarterly Mar 1993 - Mar 2022
Armenia (%) 89.628 Mar 2022 quarterly Dec 1994 - Mar 2022
Australia (%) 46.645 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (%) 123.090 Mar 2022 quarterly Mar 1964 - Mar 2022
Azerbaijan (%) 79.403 Dec 2021 quarterly Mar 2001 - Dec 2021
Bahrain (%) 139.808 2020 yearly 1975 - 2020
Bangladesh (%) 35.329 2022 yearly 1960 - 2022
Belarus (%) 144.062 Dec 2021 quarterly Mar 1995 - Dec 2021
Belgium (%) 180.863 Mar 2022 quarterly Mar 1980 - Mar 2022
Bolivia (%) 64.773 Dec 2021 quarterly Mar 1990 - Dec 2021
Bosnia and Herzegovina (%) 112.470 Dec 2021 quarterly Mar 2008 - Dec 2021
Botswana (%) 98.757 Mar 2022 quarterly Mar 1994 - Mar 2022
Brazil (%) 38.638 Mar 2022 quarterly Mar 1996 - Mar 2022
Brunei (%) 146.290 Dec 2021 quarterly Mar 2004 - Dec 2021
Bulgaria (%) 151.275 Mar 2022 quarterly Mar 1995 - Mar 2022
Cambodia (%) 123.556 2019 yearly 1988 - 2019
Canada (%) 65.990 Mar 2022 quarterly Mar 1961 - Mar 2022
Chile (%) 70.226 Mar 2022 quarterly Mar 1990 - Mar 2022
China (%) 39.357 Mar 2022 quarterly Mar 1998 - Mar 2022
Colombia (%) 47.200 Mar 2022 quarterly Mar 2005 - Mar 2022
Croatia (%) 109.639 Mar 2022 quarterly Mar 1995 - Mar 2022
Cyprus (%) 157.011 Mar 2022 quarterly Mar 1995 - Mar 2022
Czech Republic (%) 150.668 Mar 2022 quarterly Mar 1995 - Mar 2022
Denmark (%) 120.948 Mar 2022 quarterly Mar 1977 - Mar 2022
Ecuador (%) 55.816 Mar 2022 quarterly Mar 1991 - Mar 2022
Egypt (%) 36.589 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (%) 167.494 Mar 2022 quarterly Mar 1995 - Mar 2022
European Union (%) 106.512 Mar 2022 quarterly Mar 1995 - Mar 2022
Finland (%) 87.077 Mar 2022 quarterly Mar 1970 - Mar 2022
France (%) 67.650 Mar 2022 quarterly Mar 1975 - Mar 2022
Georgia (%) 115.787 Mar 2022 quarterly Mar 1996 - Mar 2022
Germany (%) 96.130 Mar 2022 quarterly Mar 1991 - Mar 2022
Ghana (%) 58.430 2021 yearly 1983 - 2021
Greece (%) 97.814 Mar 2022 quarterly Mar 1995 - Mar 2022
Hong Kong SAR, China (%) 398.691 Mar 2022 quarterly Mar 1973 - Mar 2022
Hungary (%) 192.232 Mar 2022 quarterly Mar 1995 - Mar 2022
Iceland (%) 85.832 Mar 2022 quarterly Mar 1995 - Mar 2022
India (%) 45.137 Mar 2022 quarterly Jun 1996 - Mar 2022
Indonesia (%) 43.580 Mar 2022 quarterly Mar 1993 - Mar 2022
Iran (%) 46.280 2020 yearly 1959 - 2020
Ireland (%) 221.626 Mar 2022 quarterly Mar 1995 - Mar 2022
Israel (%) 59.509 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (%) 73.950 Mar 2022 quarterly Mar 1980 - Mar 2022
Ivory Coast (%) 44.501 2021 yearly 1960 - 2021
Japan (%) 42.459 Mar 2022 quarterly Mar 1955 - Mar 2022
Jordan (%) 90.054 2016 yearly 1967 - 2016
Kazakhstan (%) 62.723 Sep 2021 quarterly Mar 1994 - Sep 2021
Kenya (%) 27.353 2020 yearly 1964 - 2020
South Korea (%) 95.096 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (%) 112.176 Mar 2022 quarterly Mar 2010 - Mar 2022
Kuwait (%) 98.183 2019 yearly 1962 - 2019
Kyrgyzstan (%) 102.688 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 147.789 Mar 2022 quarterly Mar 1992 - Mar 2022
Lebanon (%) 68.111 2018 yearly 1990 - 2018
Lithuania (%) 180.006 Mar 2022 quarterly Mar 1995 - Mar 2022
Luxembourg (%) 388.786 Mar 2022 quarterly Mar 1995 - Mar 2022
Macau SAR, China (%) 180.161 Mar 2022 quarterly Mar 1998 - Mar 2022
North Macedonia (%) 168.851 Mar 2022 quarterly Mar 2000 - Mar 2022
Malawi (%) 46.339 2019 yearly 1960 - 2019
Malaysia (%) 132.653 Mar 2022 quarterly Mar 1991 - Mar 2022
Malta (%) 294.249 Mar 2022 quarterly Mar 1992 - Mar 2022
Mauritius (%) 94.250 Dec 2021 quarterly Mar 1999 - Dec 2021
Mexico (%) 85.880 Mar 2022 quarterly Mar 1993 - Mar 2022
Moldova (%) 113.327 Mar 2022 quarterly Mar 1995 - Mar 2022
Mongolia (%) 124.899 Mar 2022 quarterly Mar 2005 - Mar 2022
Montenegro (%) 127.710 Mar 2022 quarterly Mar 2010 - Mar 2022
Morocco (%) 92.012 Dec 2021 quarterly Mar 2007 - Dec 2021
Mozambique (%) 100.217 2021 yearly 1991 - 2021
Myanmar (%) 45.534 2019 yearly 1998 - 2019
Nepal (%) 37.909 2021 yearly 1969 - 2021
Netherlands (%) 163.718 Mar 2022 quarterly Mar 1987 - Mar 2022
New Zealand (%) 47.774 Mar 2022 quarterly Jun 1987 - Mar 2022
Nigeria (%) 23.366 Dec 2021 quarterly Mar 2010 - Dec 2021
Norway (%) 76.529 Mar 2022 quarterly Mar 1978 - Mar 2022
Oman (%) 81.050 2020 yearly 1980 - 2020
Pakistan (%) 32.321 2022 yearly 1969 - 2022
Palestinian Territory (%) 79.186 Mar 2022 quarterly Mar 2011 - Mar 2022
Panama (%) 74.077 2020 yearly 1960 - 2020
Paraguay (%) 65.107 Mar 2022 quarterly Mar 1994 - Mar 2022
Peru (%) 60.309 Mar 2022 quarterly Mar 1980 - Mar 2022
Philippines (%) 74.562 Mar 2022 quarterly Mar 1981 - Mar 2022
Poland (%) 126.544 Mar 2022 quarterly Mar 2002 - Mar 2022
Portugal (%) 97.123 Mar 2022 quarterly Mar 1977 - Mar 2022
Qatar (%) 101.061 Dec 2021 quarterly Mar 2013 - Dec 2021
Romania (%) 109.984 Mar 2022 quarterly Mar 1995 - Mar 2022
Russia (%) 52.344 Dec 2021 quarterly Mar 1995 - Dec 2021
Saudi Arabia (%) 64.055 Mar 2022 quarterly Mar 2003 - Mar 2022
Serbia (%) 139.677 Mar 2022 quarterly Mar 1996 - Mar 2022
Singapore (%) 348.603 Mar 2022 quarterly Mar 1975 - Mar 2022
Slovakia (%) 218.128 Mar 2022 quarterly Mar 1990 - Mar 2022
Slovenia (%) 183.786 Mar 2022 quarterly Mar 1995 - Mar 2022
South Africa (%) 60.209 Mar 2022 quarterly Mar 1960 - Mar 2022
Spain (%) 77.279 Mar 2022 quarterly Mar 1980 - Mar 2022
Sri Lanka (%) 45.195 Dec 2021 quarterly Mar 2010 - Dec 2021
Sudan (%) 41.326 2019 yearly 1996 - 2019
Sweden (%) 98.488 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (%) 136.385 Mar 2022 quarterly Mar 1980 - Mar 2022

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Panama Key Series

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Includes 196 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.5 2021 yearly 2003 - 2021
Consolidated Fiscal Balance (USD mn) -3,522.800 2021 yearly 2003 - 2021
Tax Revenue (USD mn) 379.016 Apr 2022 monthly Jan 1995 - Apr 2022
Tax Revenue: % of GDP (%) 7.8 Mar 2022 quarterly Mar 2007 - Mar 2022
National Government Debt (USD mn) 42,891.2 May 2022 monthly Jul 2004 - May 2022
Government Debt: % of GDP (%) 64.6 Mar 2022 quarterly Dec 2007 - Mar 2022
Forecast: Government Expenditure (PAB bn) 22.756 2027 yearly 1994 - 2027
Forecast: Government Net Debt (PAB bn) 50.211 2027 yearly 1994 - 2027
Forecast: Government Revenue (PAB bn) 21.252 2027 yearly 1994 - 2027
Central Government Revenue: Current Revenue: Tax (PAB th) 379,015.892 Apr 2022 monthly Jan 1995 - Apr 2022
Central Government Revenue: Current Revenue (PAB th) 476,504.593 Apr 2022 monthly Jan 1995 - Apr 2022
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 202,123.571 Apr 2022 monthly Jan 1995 - Apr 2022
Central Government Operations: Total Expenditure (PAB th) 14,206,764.625 2020 yearly 2000 - 2020
Central Government Operations: Total Revenue (PAB th) 14,209,596.569 2020 yearly 2000 - 2020
CGO: Overall Balance, Accrual Basis (USD mn) -4,007.800 2021 yearly 1993 - 2021
CGO: Expenditure: Current (USD mn) 8,921.000 2021 yearly 1993 - 2021
CGO: Expenditure: Capital (USD mn) 2,877.800 2021 yearly 1993 - 2021
Public Debt: Domestic (USD mn) 7,653.724 May 2022 monthly Jul 2004 - May 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.996 2027 yearly 1980 - 2027
Trade Balance (USD mn) -922.7 Apr 2022 monthly Jan 1964 - Apr 2022
Total Exports (USD mn) 275.5 Apr 2022 monthly Jan 2000 - Apr 2022
Total Exports Growth (%) -1.5 Apr 2022 monthly Jan 2001 - Apr 2022
Aluminum: Exports (USD th) 5,458.607 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 1,154,109.705 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 151,842.182 2020 yearly 1995 - 2020
Total Imports (USD mn) 1,198.2 Apr 2022 monthly Jan 2000 - Apr 2022
Total Imports Growth (%) 35.1 Apr 2022 monthly Jan 2001 - Apr 2022
Imports: Medicament (USD th) 608,952.511 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 146,042.475 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 21.562 Mar 2022 monthly Jan 1970 - Mar 2022
Total Imports from USA (USD mn) 402.407 Mar 2022 monthly Jan 1967 - Mar 2022
Total Exports to China (USD mn) 370.063 2020 yearly 1999 - 2020
Total Imports from China (USD mn) 203.275 Mar 2022 monthly Mar 1989 - Mar 2022
Exports: FOB: Prawn (PAB th) 2,217.553 Apr 2022 monthly Jan 2000 - Apr 2022
Exports: FOB: Banana (PAB th) 12,084.975 Apr 2022 monthly Jan 2000 - Apr 2022
Exports: FOB: Seafood Products (PAB th) 4,045.981 Apr 2022 monthly Jan 2002 - Apr 2022
Exports: FOB (PAB th) 275,544.253 Apr 2022 monthly Jan 2000 - Apr 2022
Exports: FOB: America: NAFTA: USA (PAB th) 105,749.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: Taiwan (PAB th) 19,716.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: China (PAB th) 370,063.000 2020 yearly 1999 - 2020
Exports: FOB: Asia: Rest of Asia: South Korea (PAB th) 136,247.000 2020 yearly 1999 - 2020
Exports: FOB: America: NAFTA: Mexico (PAB th) 20,957.000 2020 yearly 1999 - 2020
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: America: NAFTA: USA (PAB th) 2,070,087.000 2020 yearly 1999 - 2020
Imports: CIF: Asia: Rest of Asia: China (PAB th) 851,030.000 2020 yearly 1999 - 2020
Imports: CIF: Asia: ASEAN: Thailand (PAB th) 68,032.000 2020 yearly 1999 - 2020
Imports: CIF: America: LAIA: MERCOSUR: Brazil (PAB th) 123,450.000 2020 yearly 1999 - 2020
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 35,242.000 2020 yearly 1999 - 2020
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 27.2 Dec 2021 quarterly Mar 2013 - Dec 2021
Current Account Balance (USD mn) -650.7 Dec 2021 quarterly Mar 1998 - Dec 2021
Current Account Balance: % of GDP (%) -3.5 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Direct Investment (USD mn) 697.3 Dec 2021 quarterly Mar 1998 - Dec 2021
Foreign Direct Investment: % of GDP (%) 3.8 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Portfolio Investment (USD mn) -31.873 Dec 2021 quarterly Mar 2013 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2021 quarterly Mar 2013 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) -31.873 Dec 2021 quarterly Mar 2013 - Dec 2021
External Debt (USD mn) 35,237.5 May 2022 monthly Jul 2004 - May 2022
External Debt: % of GDP (%) 196.8 2020 yearly 2014 - 2020
External Debt: Short Term (USD mn) 34,953.4 Jun 2021 quarterly Sep 2014 - Jun 2021
External Debt: Short Term: % of GDP (%) 65.3 2020 yearly 1970 - 2020
Forecast: Current Account Balance (USD bn) -2.741 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -66,638.781 Dec 2021 quarterly Mar 2002 - Dec 2021
BoP: CA: Goods: Debit (PAB mn) -6,111.848 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Income: Credit (PAB mn) 253.278 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Financing: Reserve Assets (PAB mn) -430.365 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Services (PAB mn) 2,098.163 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Income: Debit (PAB mn) -1,318.890 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Financial Account (FA) (PAB mn) 1,085.360 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Goods (PAB mn) -1,794.516 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Services: Debit (PAB mn) -1,264.051 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Capital Account: Credit (PAB mn) 1.078 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: FA: Portfolio Investment: Assets (PAB mn) -917.845 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Goods: Credit (PAB mn) 4,317.332 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Income (PAB mn) -1,065.612 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Capital Account: Debit (PAB mn) 0.000 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -31.873 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Net Errors and Omissions (PAB mn) -33.408 Dec 2021 quarterly Mar 2013 - Dec 2021
Balance of Payment (BoP): Current Account (CA) (PAB mn) -650.733 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: CA: Services: Credit (PAB mn) 3,362.215 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Capital Account (PAB mn) 1.078 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: FA: Direct Investment (PAB mn) 670.116 Dec 2021 quarterly Mar 2013 - Dec 2021
IIP: Assets (USD mn) 83,221.854 Dec 2021 quarterly Mar 2015 - Dec 2021
International Investment Position (IIP) (USD mn) -66,638.781 Dec 2021 quarterly Mar 2015 - Dec 2021
IIP: Liabilities (USD mn) 149,860.635 Dec 2021 quarterly Mar 2015 - Dec 2021
Foreign Direct Investment (FDI) (PAB mn) 697.314 Dec 2021 quarterly Mar 2013 - Dec 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.8 May 2022 monthly Dec 2008 - May 2022
Household Debt: % of GDP (%) 44.0 Mar 2022 quarterly Dec 2007 - Mar 2022
Non-Performing Loans (USD mn) 1,718.583 Mar 2022 monthly Dec 2008 - Mar 2022
Money Supply M1 (USD mn) 9,438.227 Mar 2022 monthly Dec 2002 - Mar 2022
Money Supply M2 (USD mn) 37,994.108 Mar 2022 monthly Dec 2002 - Mar 2022
M2 Growth (%) -17.8 Mar 2022 monthly Dec 2003 - Mar 2022
Foreign Exchange Reserves (USD mn) 7,651.6 Sep 2021 monthly Oct 1969 - Sep 2021
Foreign Exchange Reserves: % of GDP (%) 12.674 Sep 2021 quarterly Dec 2007 - Sep 2021
Foreign Exchange Reserves: Months of Import (NA) 7.5 Sep 2021 monthly Jan 2000 - Sep 2021
Gold Reserves (USD mn) 0.000 Sep 2021 monthly Sep 1969 - Sep 2021
Total Deposits (USD mn) 98,205.099 Apr 2022 monthly Dec 1998 - Apr 2022
Total Deposits Growth (%) 3.3 Apr 2022 monthly Dec 1999 - Apr 2022
Domestic Credit (USD mn) 56,012.5 Apr 2022 monthly Dec 2001 - Apr 2022
Domestic Credit Growth (%) 3.4 Apr 2022 monthly Dec 2002 - Apr 2022
Household Debt (USD mn) 29,282.7 Apr 2022 monthly Oct 2005 - Apr 2022
Total Loans (USD mn) 81,023.786 May 2022 monthly Dec 1998 - May 2022
Total Loans Growth (%) 10.14 May 2022 monthly Dec 1999 - May 2022
Private Debt: % of Nominal GDP (%) 80.20 Mar 2022 quarterly Dec 2007 - Mar 2022
Money Supply: M3 (PAB mn) 37,994.108 Mar 2022 monthly Dec 2002 - Mar 2022
LC: National Banking System: Private Sector: Mortgage (PAB mn) 19,125.663 May 2022 monthly Dec 2002 - May 2022

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