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Panama: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

In , Panama's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.04.

That's up 305.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.10 . Panama ranks #166 globally out of 192 reporting countries. Within Latin America & Caribbean, it ranks #25 of 34.

Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Panama Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
1.52
Trough
0.01
1-year change
+305.3%
5-year change
-91.0%
-38.2% / yr
10-year change
-97.2%
-30.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
0.0426
0.0105
0.1140
0.3566
0.4141
0.4711
0.5032
0.5548
1.3273
1.0977

About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Panama's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
In 2023, Panama's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.04, according to World Bank Open Data.
Is Panama's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
Panama's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 305.3% from 2022 to 2023.
How does Panama rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
In 2023, Panama ranked #166 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
How does Panama's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Panama is below the world average. Within Latin America & Caribbean, it ranks #25 of 34.
What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS), CC BY 4.0.