Madagascar vs Panama: Share of CO₂ emissions embedded in trade

Madagascar
44.4%
in 2023
Panama
50.1%
in 2023
Madagascar rank
32nd
Panama rank
30th

Share of CO₂ emissions embedded in trade over time

  • Madagascar
  • Panama
-1000100200199020062023

How they compare

Panama currently reports 50.1% against 44.4% in Madagascar, a difference of 5.7%.

That makes Panama's figure about 1.1 times Madagascar's.

The two have swapped places 1 time across 31 shared years of data; in 1990 it was Madagascar ahead.

Madagascar ranks 32nd and Panama ranks 30th of 120 countries.

Across the 4 decades both report, Madagascar averaged higher in 3 and Panama in 1.

Head to head by decade

Decade Madagascar Panama Difference Ahead
1990s 22.4% -13.7% 36.0% Madagascar
2000s 75.7% -59.7% 135.4% Madagascar
2010s 53.4% -23.6% 77.1% Madagascar
2020s 46.2% 97.4% 51.2% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of co₂ emissions embedded in trade, Madagascar or Panama?
Panama, at 50.1% against 44.4% in Madagascar as of 2023.
What is the difference in share of co₂ emissions embedded in trade between Madagascar and Panama?
5.7%, with Panama ahead.
How many years of comparable data are there for Madagascar and Panama?
31 years are reported by both, from 1990 to 2023.
How do Madagascar and Panama rank globally for share of co₂ emissions embedded in trade?
Madagascar ranks 32nd and Panama ranks 30th of 120 countries.
Where does this data come from?
Global Carbon Budget (2025) – with major processing by Our World in Data, published as Share of CO₂ emissions embedded in trade. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Panama: Share of CO₂ emissions embedded in trade. Statizoid, drawing on Global Carbon Budget (2025) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://climate.statizoid.com/compare/share-co2-embedded-in-trade/madagascar/panama/

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About this data

Indicator
Share of CO₂ emissions embedded in trade
Unit
%
Source
Global Carbon Budget (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 4,063 data points, 1990–2023
Last refreshed

Annual net carbon dioxide (CO₂) emissions embedded in trade, measured as a percentage of emissions of CO₂.