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

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

• Panama Total Trade of Goods & Services: % of Nominal GDP recorded 89.138 % in Dec 2024, compared with 93.674 % in the previous year.
• Panama Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1960 to Dec 2024, with an averaged value of 144.879 %.
• The data reached an all-time high of 174.714 % in Dec 1997 and a record low of 68.729 % 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 2018 is calculated from Nominal GDP Nominal GDP prior to 2018 based on previous benchmark year. Prior to 2007, it 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 2024 in the chart:

What was Panama's Total Trade of Goods & Services: % of Nominal GDP in 2024?

Panama Total Trade of Goods & Services: % of Nominal GDP recorded 89.138 % in Dec 2024, compared with 93.674 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
89.138 2024	93.674 2023	68.729 2020	174.714 1997	%	yearly	1960 - 2024

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

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