Panama: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Panama's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 23.48.
That's up 13.7% from 2022, the highest value on record.
The global average for this indicator in 2023 was 22.36 . Panama ranks #92 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #14 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 23.48
- Trough
- 4.20
- 1-year change
- +13.7%
- 5-year change
- +22.2%
- +4.1% / yr
- 10-year change
- +56.6%
- +4.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 23.4767 | |
| 20.6433 | |
| 20.5273 | |
| 17.7023 | |
| 18.4309 | |
| 19.2137 | |
| 18.3822 | |
| 17.0332 | |
| 16.6248 | |
| 14.9630 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Panama's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Panama's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 23.48, according to World Bank Open Data.
- Is Panama's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Panama's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 13.7% from 2022 to 2023.
- How does Panama rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Panama ranked #92 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Panama's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Panama is above the world average. Within Latin America & Caribbean, it ranks #14 of 36.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.