Exports as a share of GDP fell 3.88% to 0.396% in Panama in 2020, according to the National Statistical Office.
Historically, exports as a share of GDP in Panama reached an all time high of 0.782% in 2011 and an all time low of 0.396% in 2020. When compared to Panama's main peers, exports as a share of GDP in Colombia amounted to 0.135%, 0.315% in Costa Rica, 0.351% in Honduras and 0.422% in Nicaragua in 2020.
Panama has been ranked 53rd within the group of 163 countries we follow in terms of exports as a share of GDP, 35 places below the position seen 10 years ago.
Exports (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belize | % | 0.512% | 0.469% | 0.494% | 0.511% | 0.513% | ||||||||||||||||
Brazil | % | 0.129% | 0.125% | 0.125% | 0.146% | 0.141% | ||||||||||||||||
Colombia | % | 0.157% | 0.147% | 0.151% | 0.159% | 0.159% | ||||||||||||||||
Costa Rica | % | 0.300% | 0.313% | 0.328% | 0.337% | 0.343% | ||||||||||||||||
El Salvador | % | 0.295% | 0.285% | 0.290% | 0.289% | 0.300% | ||||||||||||||||
Guatemala | % | 0.198% | 0.188% | 0.185% | 0.182% | 0.176% | ||||||||||||||||
Honduras | % | 0.452% | 0.427% | 0.431% | 0.415% | 0.399% | ||||||||||||||||
Mexico | % | 0.345% | 0.370% | 0.377% | 0.393% | 0.388% | ||||||||||||||||
Nicaragua | % | 0.401% | 0.389% | 0.413% | 0.423% | 0.451% | ||||||||||||||||
Panama | % | 0.477% | 0.420% | 0.418% | 0.428% | 0.412% | ||||||||||||||||
Peru | % | 0.213% | 0.226% | 0.247% | 0.252% | 0.240% | ||||||||||||||||
USA | % | 0.125% | 0.119% | 0.123% | 0.124% | 0.119% | ||||||||||||||||
Venezuela | % | ... | ... | ... | ... | ... | ... | ... |