Share of CO₂ emissions embedded in trade in Panama

Panama: Share of CO₂ emissions embedded in trade was 50.1% in 2023. ◆ Volatile

Latest (2023)
50.1%
Change on year
down 24.9%
World rank
30th
of 120 countries
All-time high
179.3%
in 2020
All-time low
-98.3%
in 2011
Years of data
31
1990–2023

Share of CO₂ emissions embedded in trade in Panama, 1990–2023

-10001002001990200620231990: 4.8 %1991: -8.7 %1992: -19.9 %1993: -14.8 %1994: -17.8 %1995: -10.9 %1996: -16.4 %1997: -13.5 %1998: -24 %1999: -15.3 %2000: -21.7 %2001: -28.8 %2002: -20.7 %2003: -70.5 %2004: -65.5 %2005: -87.1 %2007: -96.1 %2009: -86.9 %2010: -88.2 %2011: -98.3 %2012: -93.5 %2013: -75 %2014: -65.2 %2015: -57.4 %2017: 104.9 %2018: 109.5 %2019: 50.6 %2020: 179.3 %2021: 93.4 %2022: 66.7 %2023: 50.1 %

Source: Global Carbon Budget (2025) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for share of co₂ emissions embedded in trade in Panama is 50.1%, measured in 2023.

Compared with earlier readings it is down 24.9% on the previous year and up 166.8% over ten years.

Over the whole period, share of co₂ emissions embedded in trade in Panama peaked at 179.3% in 2020 and was at its lowest, -98.3%, in 2011.

Panama ranks 30th of 120 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -13.7% -24.0% 4.8% 10
2000s -59.7% -96.1% -20.7% 8
2010s -23.6% -98.3% 109.5% 9
2020s 97.4% 50.1% 179.3% 4

Countries ranked near Panama

  1. 27 Mozambique 58.7% compare
  2. 28 United Kingdom 58.2% compare
  3. 29 France 50.7% compare
  4. 31 Finland 49.3% compare
  5. 32 Madagascar 44.4% compare
  6. 33 Estonia 43.9% compare

See the full ranking of 120 places →

More climate change data for Panama

All data for Panama →

Frequently asked questions

What is share of co₂ emissions embedded in trade in Panama?
Share of co₂ emissions embedded in trade in Panama was 50.1% in 2023, according to Global Carbon Budget (2025) – with major processing by Our World in Data.
What is the highest share of co₂ emissions embedded in trade recorded in Panama?
The highest recorded value was 179.3% in 2020.
What is the lowest share of co₂ emissions embedded in trade recorded in Panama?
The lowest recorded value was -98.3% in 2011.
How does Panama rank for share of co₂ emissions embedded in trade?
Panama ranks 30th out of 120 countries with data for 2023.
Is share of co₂ emissions embedded in trade rising or falling in Panama?
Over the last ten years it is up 166.8%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Global Carbon Budget (2025) – with major processing by Our World in Data, published as part of Share of CO₂ emissions embedded in trade. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.