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Panama Net exports of goods and services (% of GDP) 2026: Interactive Chart & Historical Data

Net exports of goods and services (% of GDP) in Panama stood at 5.04% of GDP in 2024, according to Calculation: Export-Import. The latest value is up 2.13 percentage points from 2.91% of GDP in 2023. Ten years earlier, in 2014, the value was -5.19% of GDP (up 10.23 percentage points since). The latest value is the highest since 1960; the lowest was -14.96% of GDP in 1974. Panama ranked 36th highest of the 172 countries in this dataset in 2024; Macao ranked first.

Data source: Calculation: Export-Import · Unit: % of GDP · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is Net exports of goods and services (% of GDP)?

Net exports of goods and services (% of GDP), measured in % of GDP, measures the total economic output of Panama. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Panama, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Net exports of goods and services (% of GDP) in Panama?

Net exports of goods and services (% of GDP) in Panama stood at 5.04% of GDP in 2024, according to Calculation: Export-Import.

Is Net exports of goods and services (% of GDP) in Panama rising or falling?

The latest value is up 2.13 percentage points from 2.91% of GDP in 2023. Ten years earlier, in 2014, the value was -5.19% of GDP (up 10.23 percentage points since).

How does Panama rank for Net exports of goods and services (% of GDP)?

Panama ranked 36th highest of the 172 countries in this dataset in 2024; Macao ranked first.

What is the highest Net exports of goods and services (% of GDP) on record in Panama?

The latest value is the highest since 1960; the lowest was -14.96% of GDP in 1974.

Metadata for Net exports of goods and services (% of GDP) in Panama
IndicatorNet exports of goods and services (% of GDP)
CountryPanama
CategoryMacroeconomics
Unit% of GDP
SourceCalculation: Export-Import
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 5.04% of GDP (2024)

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Source:World Bank via Calculation: Export-Import — series NE.RSB.GNFS.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Net exports of goods and services (% of GDP) — Panama [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-net-exports-percent/PAN. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS

MLA

World Bank. "Net exports of goods and services (% of GDP) — Panama." EconDash, 2026, https://econdash.org/chart/gdp-net-exports-percent/PAN. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS.

Chicago

World Bank. 2026. "Net exports of goods and services (% of GDP) — Panama." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-net-exports-percent/PAN. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS.

BibTeX
@misc{econdash_gdp_net_exports_percent_pan,
  author = {{World Bank}},
  title = {{Net exports of goods and services (\% of GDP) --- Panama}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/gdp-net-exports-percent/PAN},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS}
}