Net trade in goods and services in Panama
Panama: Net trade in goods and services was 4.70 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in 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$.
Analysis
The most recent figure for net trade in goods and services in Panama is 4.70 billion BoP, current US$, measured in 2025.
Compared with earlier readings it is down 7.6% on the previous year and up 464.1% over ten years.
Over the whole period, net trade in goods and services in Panama peaked at 5.09 billion BoP, current US$ in 2024 and was at its lowest, -2.45 billion BoP, current US$, in 2014.
That places Panama 45th out of 199 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -275.53 million BoP, current US$ | -360.70 million BoP, current US$ | -193.20 million BoP, current US$ | 3 |
| 1980s | 169.47 million BoP, current US$ | -79.30 million BoP, current US$ | 701.00 million BoP, current US$ | 10 |
| 1990s | -157.42 million BoP, current US$ | -657.30 million BoP, current US$ | 245.20 million BoP, current US$ | 10 |
| 2000s | 28.71 million BoP, current US$ | -984.20 million BoP, current US$ | 1.48 billion BoP, current US$ | 10 |
| 2010s | -880.69 million BoP, current US$ | -2.45 billion BoP, current US$ | 1.05 billion BoP, current US$ | 10 |
| 2020s | 3.31 billion BoP, current US$ | 1.85 billion BoP, current US$ | 5.09 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 42 Papua New Guinea 6.39 billion BoP, current US$ compare
- 43 Turkey 5.38 billion BoP, current US$ compare
- 44 Azerbaijan 4.72 billion BoP, current US$ compare
- 46 Malta 4.65 billion BoP, current US$ compare
- 47 Libya 4.47 billion BoP, current US$ compare
- 48 Slovenia 4.34 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 20.48 billion constant LCU (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 2.5% (2025)
- Gross national expenditure 95.0% (2024)
- Industry (including construction), value added 22.53 billion current LCU (2025)
- Exports of goods and services 44.4% (2024)
Frequently asked questions
- What is net trade in goods and services in Panama?
- Net trade in goods and services in Panama was 4.70 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Panama?
- The highest recorded value was 5.09 billion BoP, current US$ in 2024.
- What is the lowest net trade in goods and services recorded in Panama?
- The lowest recorded value was -2.45 billion BoP, current US$ in 2014.
- How does Panama rank for net trade in goods and services?
- Panama ranks 45th out of 199 countries with data for 2025.
- Is net trade in goods and services rising or falling in Panama?
- Over the last ten years it is up 464.1%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.