Panama: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
In , Panama's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 26.45.
That's up 4.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.08 . Panama ranks #11 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #11 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.R3.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
- 29.73
- Trough
- 21.45
- 1-year change
- +4.2%
- 5-year change
- +11.0%
- +2.1% / yr
- 10-year change
- +8.5%
- +0.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) |
|---|---|
| 26.4532 | |
| 25.3871 | |
| 25.9767 | |
| 27.1481 | |
| 23.6314 | |
| 23.8312 | |
| 23.9322 | |
| 24.1530 | |
| 22.6891 | |
| 21.4455 |
About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Panama's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
- In 2023, Panama's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 26.45, according to World Bank Open Data.
- Is Panama's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
- Panama's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rose 4.2% from 2022 to 2023.
- How does Panama rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
- In 2023, Panama ranked #11 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
- How does Panama's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Panama is above the world average. Within Latin America & Caribbean, it ranks #11 of 36.
- What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.R3.ZS), CC BY 4.0.