Panama - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Panama was $17,413,680,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $32,172,500,000 in 2012 and $995,400,000 in 1977.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 $995,400,000
1978 $1,100,900,000
1979 $1,373,400,000
1980 $3,393,900,000
1981 $3,786,200,000
1982 $3,514,100,000
1983 $2,768,000,000
1984 $2,975,200,000
1985 $3,227,400,000
1986 $3,466,300,000
1987 $3,550,200,000
1988 $2,867,100,000
1989 $3,441,100,000
1990 $4,193,100,000
1991 $5,439,300,000
1992 $6,396,800,000
1993 $6,727,500,000
1994 $7,359,200,000
1995 $7,767,600,000
1996 $7,501,000,000
1997 $8,638,200,000
1998 $8,844,800,000
1999 $7,747,200,000
2000 $8,097,900,000
2001 $7,775,300,000
2002 $7,637,000,000
2003 $7,553,600,000
2004 $9,030,900,000
2005 $10,702,900,000
2006 $11,885,380,000
2007 $15,622,100,000
2008 $20,717,300,000
2009 $17,548,100,000
2010 $21,497,300,000
2011 $29,964,000,000
2012 $32,172,500,000
2013 $31,635,800,000
2014 $30,723,700,000
2015 $27,365,600,000
2016 $25,474,400,000
2017 $26,959,520,000
2018 $28,903,350,000
2019 $27,599,160,000
2020 $17,413,680,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Panama was $18,605,500,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $33,503,100,000 in 2012 and $292,100,100 in 1960.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $292,100,100
1961 $321,486,400
1962 $372,814,600
1963 $434,329,900
1964 $441,970,400
1965 $496,433,000
1966 $560,299,300
1967 $603,791,100
1968 $630,826,500
1969 $731,327,800
1970 $832,024,900
1971 $925,391,300
1972 $1,030,379,000
1973 $1,152,110,000
1974 $1,806,463,000
1975 $1,968,574,000
1976 $1,920,906,000
1977 $1,963,650,000
1978 $2,167,126,000
1979 $2,701,126,000
1980 $3,343,858,000
1981 $3,730,570,000
1982 $3,460,435,000
1983 $2,724,782,000
1984 $2,929,064,000
1985 $3,180,313,000
1986 $3,413,765,000
1987 $3,497,613,000
1988 $2,824,847,000
1989 $3,393,593,000
1990 $4,137,057,000
1991 $5,369,275,000
1992 $6,315,044,000
1993 $6,641,440,000
1994 $7,264,372,000
1995 $7,664,630,000
1996 $8,362,252,000
1997 $9,433,964,000
1998 $9,678,914,000
1999 $8,470,864,000
2000 $8,856,301,000
2001 $8,496,735,000
2002 $8,343,913,000
2003 $8,264,774,000
2004 $9,891,553,000
2005 $11,657,510,000
2006 $13,011,610,000
2007 $16,634,700,000
2008 $22,290,400,000
2009 $18,755,600,000
2010 $23,031,800,000
2011 $29,225,600,000
2012 $33,503,100,000
2013 $33,047,400,000
2014 $31,816,500,000
2015 $28,263,800,000
2016 $26,310,600,000
2017 $28,379,490,000
2018 $30,646,380,000
2019 $29,322,000,000
2020 $18,605,500,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Panama was 18,605,500,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 33,503,100,000 in 2012 and a minimum value of 292,100,100 in 1960.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 292,100,100
1961 321,486,400
1962 372,814,600
1963 434,329,900
1964 441,970,400
1965 496,433,000
1966 560,299,300
1967 603,791,100
1968 630,826,500
1969 731,327,800
1970 832,024,900
1971 925,391,300
1972 1,030,379,000
1973 1,152,110,000
1974 1,806,463,000
1975 1,968,574,000
1976 1,920,906,000
1977 1,963,650,000
1978 2,167,126,000
1979 2,701,126,000
1980 3,343,858,000
1981 3,730,570,000
1982 3,460,435,000
1983 2,724,782,000
1984 2,929,064,000
1985 3,180,313,000
1986 3,413,765,000
1987 3,497,613,000
1988 2,824,847,000
1989 3,393,593,000
1990 4,137,057,000
1991 5,369,275,000
1992 6,315,044,000
1993 6,641,440,000
1994 7,264,372,000
1995 7,664,630,000
1996 8,362,252,000
1997 9,433,964,000
1998 9,678,914,000
1999 8,470,864,000
2000 8,856,301,000
2001 8,496,735,000
2002 8,343,913,000
2003 8,264,774,000
2004 9,891,553,000
2005 11,657,510,000
2006 13,011,610,000
2007 16,634,700,000
2008 22,290,400,000
2009 18,755,600,000
2010 23,031,800,000
2011 29,225,600,000
2012 33,503,100,000
2013 33,047,400,000
2014 31,816,500,000
2015 28,263,800,000
2016 26,310,600,000
2017 28,379,490,000
2018 30,646,380,000
2019 29,322,000,000
2020 18,605,500,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Panama was 28,226,530,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 29,698,240,000 in 2012 and 1,638,509,000 in 1960.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 1,638,509,000
1961 1,844,009,000
1962 2,140,721,000
1963 2,515,457,000
1964 2,481,390,000
1965 2,817,663,000
1966 3,097,891,000
1967 3,336,360,000
1968 3,444,055,000
1969 3,970,444,000
1970 4,356,169,000
1971 4,819,218,000
1972 5,166,764,000
1973 5,103,855,000
1974 5,717,472,000
1975 5,448,306,000
1976 5,162,638,000
1977 4,963,599,000
1978 5,704,066,000
1979 5,858,759,000
1980 6,952,958,000
1981 6,363,563,000
1982 5,946,110,000
1983 5,060,574,000
1984 5,193,098,000
1985 7,373,979,000
1986 7,860,582,000
1987 6,715,942,000
1988 5,155,550,000
1989 6,552,156,000
1990 7,646,164,000
1991 11,192,560,000
1992 10,530,610,000
1993 9,535,150,000
1994 9,209,445,000
1995 10,034,670,000
1996 10,833,600,000
1997 11,588,910,000
1998 12,490,590,000
1999 10,660,500,000
2000 11,760,020,000
2001 11,248,660,000
2002 11,326,150,000
2003 10,927,070,000
2004 12,495,960,000
2005 13,890,200,000
2006 14,966,110,000
2007 17,615,180,000
2008 21,781,270,000
2009 19,341,680,000
2010 23,030,510,000
2011 26,670,200,000
2012 29,698,240,000
2013 29,464,640,000
2014 28,301,070,000
2015 28,263,800,000
2016 26,896,490,000
2017 28,052,220,000
2018 29,196,200,000
2019 28,226,530,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Panama was -3.32 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 46.38 in 1991 and a minimum value of -23.23 in 1988.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 12.54
1962 16.09
1963 17.51
1964 -1.35
1965 13.55
1966 9.95
1967 7.70
1968 3.23
1969 15.28
1970 9.71
1971 10.63
1972 7.21
1973 -1.22
1974 12.02
1975 -4.71
1976 -5.24
1977 -3.86
1978 14.92
1979 2.71
1980 18.68
1981 -8.48
1982 -6.56
1983 -14.89
1984 2.62
1985 42.00
1986 6.60
1987 -14.56
1988 -23.23
1989 27.09
1990 16.70
1991 46.38
1992 -5.91
1993 -9.45
1994 -3.42
1995 8.96
1996 7.96
1997 6.97
1998 7.78
1999 -14.65
2000 10.31
2001 -4.35
2002 0.69
2003 -3.52
2004 14.36
2005 11.16
2006 7.75
2007 17.70
2008 23.65
2009 -11.20
2010 19.07
2011 15.80
2012 11.35
2013 -0.79
2014 -3.95
2015 -0.13
2016 -4.84
2017 4.30
2018 4.08
2019 -3.32

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Panama was 26,655,400,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 28,045,200,000 in 2012 and a minimum value of 1,547,307,000 in 1960.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,547,307,000
1961 1,741,369,000
1962 2,021,566,000
1963 2,375,443,000
1964 2,343,273,000
1965 2,660,829,000
1966 2,925,459,000
1967 3,150,654,000
1968 3,252,355,000
1969 3,749,444,000
1970 4,113,699,000
1971 4,550,974,000
1972 4,879,175,000
1973 4,819,767,000
1974 5,399,230,000
1975 5,145,046,000
1976 4,875,279,000
1977 4,687,319,000
1978 5,386,570,000
1979 5,532,653,000
1980 6,565,947,000
1981 6,009,359,000
1982 5,615,142,000
1983 4,778,895,000
1984 4,904,044,000
1985 6,963,533,000
1986 7,423,052,000
1987 6,342,125,000
1988 4,868,585,000
1989 6,187,454,000
1990 7,220,569,000
1991 10,569,570,000
1992 9,944,466,000
1993 9,004,411,000
1994 8,696,836,000
1995 9,476,124,000
1996 10,230,580,000
1997 10,943,850,000
1998 11,795,350,000
1999 10,067,120,000
2000 11,105,440,000
2001 10,622,540,000
2002 10,695,730,000
2003 10,318,860,000
2004 11,800,420,000
2005 13,117,050,000
2006 14,133,070,000
2007 16,634,700,000
2008 20,568,900,000
2009 18,265,100,000
2010 21,748,600,000
2011 25,185,700,000
2012 28,045,200,000
2013 27,824,600,000
2014 26,725,800,000
2015 26,690,600,000
2016 25,399,400,000
2017 26,490,800,000
2018 27,571,100,000
2019 26,655,400,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Panama was 34.47 as of 2020. Its highest value over the past 60 years was 88.61 in 2008, while its lowest value was 34.47 in 2020.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 54.38
1961 53.67
1962 57.17
1963 60.09
1964 56.94
1965 58.23
1966 60.32
1967 58.37
1968 56.69
1969 59.88
1970 61.59
1971 60.72
1972 61.57
1973 60.20
1974 82.55
1975 80.83
1976 74.22
1977 71.71
1978 66.79
1979 72.91
1980 72.47
1981 71.43
1982 59.98
1983 46.00
1984 47.37
1985 48.62
1986 50.22
1987 51.23
1988 47.86
1989 57.34
1990 64.30
1991 75.89
1992 78.52
1993 75.62
1994 77.57
1995 80.06
1996 84.72
1997 88.36
1998 83.62
1999 69.83
2000 71.98
2001 67.96
2002 64.21
2003 60.35
2004 65.88
2005 71.19
2006 71.72
2007 78.11
2008 88.61
2009 69.17
2010 78.23
2011 84.26
2012 82.87
2013 72.47
2014 63.73
2015 52.25
2016 45.44
2017 45.62
2018 47.20
2019 43.77
2020 34.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments