Proportion of tariff lines applied to imports with zero-tariff (%) in Panama

Panama: Proportion of tariff lines applied to imports with zero-tariff (%) was 53.5% in 2024. ▲ Rising

Latest (2024)
53.5%
Change on year
up 0.3%
World rank
177th
of 239 countries
All-time high
55.3%
in 2021
All-time low
37.6%
in 2005
Years of data
12
2005–2024

Proportion of tariff lines applied to imports with zero-tariff in Panama, 2005–2024

02040602005201420242005: 37.62010: 44.62015: 47.72016: 49.72017: 49.22018: 47.22019: 52.52020: 532021: 55.32022: 52.82023: 53.32024: 53.5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Panama recorded 53.5% for proportion of tariff lines applied to imports with zero-tariff in 2024.

That represents a change of up 0.3% on the previous year and up 12.2% over ten years.

Over the whole period, proportion of tariff lines applied to imports with zero-tariff in Panama peaked at 55.3% in 2021 and was at its lowest, 37.6%, in 2005.

Panama ranks 177th of 239 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Proportion of tariff lines applied to imports with zero-tariff (%) in Panama, year by year

Annual values for Proportion of tariff lines applied to imports with zero-tariff (%) in Panama, 2005 to 2024.
Year Value Change
2005 37.6% —
2010 44.6% +18.6%
2015 47.7% +6.8%
2016 49.7% +4.4%
2017 49.2% -1.1%
2018 47.2% -4.0%
2019 52.5% +11.2%
2020 53.0% +1.0%
2021 55.3% +4.3%
2022 52.8% -4.5%
2023 53.3% +0.9%
2024 53.5% +0.3%

Panama compared with similar countries

  • Panama's 53.5% is below the median for high income countries, which is 62.1%, 86% of the median. (76 countries reporting)
  • Panama's 53.5% is below the median for Latin America & Caribbean, which is 69.3%, 77% of the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 37.6% 37.6% 37.6% 1
2010s 48.5% 44.6% 52.5% 6
2020s 53.6% 52.8% 55.3% 5

Countries ranked near Panama

  1. 174 Netherlands (Kingdom of the) 54.7% compare
  2. 175 Thailand 54.7% compare
  3. 176 Falkland Islands (Malvinas) 54.2% compare
  4. 178 Canada 53.4% compare
  5. 179 Italy 52.9% compare
  6. 180 Algeria 52.7% compare

See the full ranking of 274 places →

More infrastructure data for Panama

All data for Panama →

Frequently asked questions

What is proportion of tariff lines applied to imports with zero-tariff in Panama?
Proportion of tariff lines applied to imports with zero-tariff in Panama was 53.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest proportion of tariff lines applied to imports with zero-tariff recorded in Panama?
The highest recorded value was 55.3% in 2021.
What is the lowest proportion of tariff lines applied to imports with zero-tariff recorded in Panama?
The lowest recorded value was 37.6% in 2005.
How does Panama rank for proportion of tariff lines applied to imports with zero-tariff?
Panama ranks 177th out of 239 countries with data for 2024.
Is proportion of tariff lines applied to imports with zero-tariff rising or falling in Panama?
Over the last ten years it is up 12.2%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of tariff lines applied to imports with zero-tariff (%). Statizoid updates them automatically from the source API.

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Proportion of tariff lines applied to imports with zero-tariff in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 October 2026, from https://infrastructure.statizoid.com/stat/proportion-of-tariff-lines-applied-to-imports-with-zero-tariff-percent/panama/

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About this data

Indicator
Proportion of tariff lines applied to imports with zero-tariff (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
274 places, 3,260 data points, 2005–2024
Last refreshed