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Panama: Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)

In , Panama's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.25.

That's up 14.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 6.49 . Panama ranks #134 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #16 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.R6.ZS) • Data as of 2023

Trend (2004–2023)

Panama Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) 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
0.89
Trough
0.01
1-year change
+14.3%
5-year change
-72.3%
-22.6% / yr
10-year change
+158.8%
+10.0% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
0.2464
0.2156
0.2431
0.2051
0.3524
0.8882
0.6321
0.4710
0.1246
0.1522

About Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZSCategory: Trade & Finance

Frequently asked questions

What was Panama's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023?
In 2023, Panama's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.25, according to World Bank Open Data.
Is Panama's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) rising or falling?
Panama's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) rose 14.3% from 2022 to 2023.
How does Panama rank globally on Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)?
In 2023, Panama ranked #134 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports).
How does Panama's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023 was 6.49, so Panama is below the world average. Within Latin America & Caribbean, it ranks #16 of 36.
What is Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa 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.
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Source: World Bank Open Data (TM.VAL.MRCH.R6.ZS), CC BY 4.0.