Panama - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts