Panama: ICT goods exports (% of total goods exports)

Key figures

What the numbers say

On record, the biggest yearly rise was 14.23 percentage points in 2006 and the biggest yearly fall was 3.13 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Panama had the 69th highest value of the 117 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Panama in the 2024 ranking

• Bermuda — 66th of 117: 0.73%
• Montenegro — 67th of 117: 0.71%
• Ukraine — 68th of 117: 0.7%
• Türkiye — 70th of 117: 0.69%
• North Macedonia — 71st of 117: 0.65%
• Moldova — 72nd of 117: 0.58%

What this measures

Information and communication technology goods exports include computers and peripheral equipment, communication equipment, consumer electronic equipment, electronic components, and other information and technology goods (miscellaneous).

Limitations: Detailed trade data are widely available from country trade statistics. These are collected by the UNSD and published in their UN COMTRADE database. The ICT goods trade indicators are usually compiled by interested international and national agencies using COMTRADE data. Concepts are therefore consistent with those applying to the COMTRADE database. The main statistical issue associated with this indicator appears to be the different treatment of re-exports and re-imports by countries, depending on whether the Special or General Trade System is used.2 Re-imports are separately reported for some countries and the value of ICT re-imports (which is included in the value of ICT imports for those…

Regional and income-group figures are computed by the World Bank as a weighted average.

All 22 values

ICT goods exports (% of total goods exports) in nearby economies

• Antigua and Barbuda — 5.24% (2024)
• Argentina — 0.02% (2024)
• Aruba — 0.7% (2023)
• Bahamas, The — 0.21% (2023)
• Barbados — 0.57% (2024)
• Belize — 0.18% (2024)
• Bolivia — 0.09% (2024)
• Brazil — 0.23% (2024)
• Chile — 0.29% (2024)
• Colombia — 0.35% (2024)

More infrastructure data for Panama

• Air transport, registered carrier departures worldwide — 123,804 (2023)
• Air transport, freight (million ton-km) — 143.67 (2023)
• Air transport, passengers carried — 15.75 million (2023)
• Mobile cellular subscriptions — 6.98 million (2023)
• Mobile cellular subscriptions (per 100 people) — 156.59 (2023)
• ICT service exports (BoP, current US$) — US$501.33 million (2025)
• ICT service exports (% of service exports, BoP) — 2.48% (2025)
• Fixed telephone subscriptions — 774,060 (2023)
• Fixed telephone subscriptions (per 100 people) — 17.36 (2023)
• Medium and high-tech exports (% manufactured exports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Panama's ICT goods exports (% of total goods exports)?

0.69% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 0.69 percentage points from 0% in 2000. The highest value was 17.69% in 2020 and the lowest 0% in 2000.

How does Panama rank?

69th highest of 117 economies with data for 2024.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: UNCTADstat database, UN Conference on Trade and Development (UNCTAD), uri: http://unctadstat.unctad.org/ReportFolders/reportFolders.aspx.

Source

World Bank, World Development Indicators, indicator TX.VAL.ICTG.ZS.UN, licensed CC BY 4.0. Original source: UNCTADstat database, UN Conference on Trade and Development (UNCTAD), uri: http://unctadstat.unctad.org/ReportFolders/reportFolders.aspx Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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