Panama: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Panama's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 40.89.
That's up 13.4% from 2022, the highest value on record.
The global average for this indicator in 2023 was 14.77 . Panama ranks #24 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #2 of 35.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 40.89
- Trough
- 1.30
- 1-year change
- +13.4%
- 5-year change
- +215.8%
- +25.9% / yr
- 10-year change
- +331.6%
- +15.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 40.8858 | |
| 36.0520 | |
| 33.8496 | |
| 25.6680 | |
| 12.4746 | |
| 12.9471 | |
| 13.8358 | |
| 10.4331 | |
| 10.9439 | |
| 14.5857 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Panama's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Panama's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 40.89, according to World Bank Open Data.
- Is Panama's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Panama's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rose 13.4% from 2022 to 2023.
- How does Panama rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Panama ranked #24 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Panama's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Panama is above the world average. Within Latin America & Caribbean, it ranks #2 of 35.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.