Imports of goods and services in Panama
Panama: Imports of goods and services was 34.10 billion BoP, current US$ in 2025. ◆ Volatile
Imports of goods and services in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Panama recorded 34.10 billion BoP, current US$ for imports of goods and services in 2025.
Compared with earlier readings it is up 5.1% on the previous year and up 24.6% over ten years.
Over the whole period, imports of goods and services in Panama peaked at 36.07 billion BoP, current US$ in 2023 and was at its lowest, 995.40 million BoP, current US$, in 1977.
Panama ranks 75th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.16 billion BoP, current US$ | 995.40 million BoP, current US$ | 1.37 billion BoP, current US$ | 3 |
| 1980s | 3.30 billion BoP, current US$ | 2.77 billion BoP, current US$ | 3.79 billion BoP, current US$ | 10 |
| 1990s | 7.07 billion BoP, current US$ | 4.19 billion BoP, current US$ | 8.88 billion BoP, current US$ | 10 |
| 2000s | 11.70 billion BoP, current US$ | 7.58 billion BoP, current US$ | 20.77 billion BoP, current US$ | 10 |
| 2010s | 28.24 billion BoP, current US$ | 21.54 billion BoP, current US$ | 32.17 billion BoP, current US$ | 10 |
| 2020s | 29.56 billion BoP, current US$ | 17.59 billion BoP, current US$ | 36.07 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 72 Estonia 36.41 billion BoP, current US$ compare
- 73 Guatemala 35.58 billion BoP, current US$ compare
- 74 Dominican Republic 35.44 billion BoP, current US$ compare
- 76 Libya 33.28 billion BoP, current US$ compare
- 77 Costa Rica 33.07 billion BoP, current US$ compare
- 78 Bahrain 33.04 billion BoP, current US$ compare
More economy & growth data for Panama
- Exports of goods and services 38.38 billion current US$ (2024)
- Final consumption expenditure 61.4% (2024)
- Industry (including construction), value added 2.5% (2025)
- Gross national expenditure 82.16 billion current US$ (2024)
- Gross national expenditure 82.16 billion current LCU (2024)
- Gross national expenditure 73.59 billion constant 2015 US$ (2024)
- Industry (including construction), value added 18.61 billion constant 2015 US$ (2025)
- Gross national expenditure 95.0% (2024)
- Exports of goods and services 44.4% (2024)
- Industry (including construction), value added 22.53 billion current LCU (2025)
Frequently asked questions
- What is imports of goods and services in Panama?
- Imports of goods and services in Panama was 34.10 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Panama?
- The highest recorded value was 36.07 billion BoP, current US$ in 2023.
- What is the lowest imports of goods and services recorded in Panama?
- The lowest recorded value was 995.40 million BoP, current US$ in 1977.
- How does Panama rank for imports of goods and services?
- Panama ranks 75th out of 199 countries with data for 2025.
- Is imports of goods and services rising or falling in Panama?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.