Merchandise trade as a share of gdp reached 53.1% in 2021 in Panama, according to the National Statistical Office. This is 18.3% more than in the previous year.
Historically, merchandise trade as a share of GDP in Panama reached an all time high of 105% in 2012 and an all time low of 17.9% in 1988.
Panama has been ranked 98th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP.
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