Share of CO₂ emissions embedded in trade in Panama
Panama: Share of CO₂ emissions embedded in trade was 50.1% in 2023. ◆ Volatile
Share of CO₂ emissions embedded in trade in Panama, 1990–2023
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.
Share of CO₂ emissions embedded in trade in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 4.8% | — |
| 1991 | -8.7% | -283.5% |
| 1992 | -19.9% | +128.2% |
| 1993 | -14.8% | -25.9% |
| 1994 | -17.8% | +20.4% |
| 1995 | -10.9% | -38.8% |
| 1996 | -16.4% | +51.0% |
| 1997 | -13.5% | -17.9% |
| 1998 | -24.0% | +78.1% |
| 1999 | -15.3% | -36.4% |
| 2000 | -21.7% | +41.7% |
| 2001 | -28.8% | +33.1% |
| 2002 | -20.7% | -28.1% |
| 2003 | -70.5% | +240.2% |
| 2004 | -65.5% | -7.2% |
| 2005 | -87.1% | +33.1% |
| 2007 | -96.1% | +10.3% |
| 2009 | -86.9% | -9.5% |
| 2010 | -88.2% | +1.5% |
| 2011 | -98.3% | +11.4% |
| 2012 | -93.5% | -4.9% |
| 2013 | -75.0% | -19.8% |
| 2014 | -65.2% | -13.1% |
| 2015 | -57.4% | -12.0% |
| 2017 | 104.9% | -282.9% |
| 2018 | 109.5% | +4.3% |
| 2019 | 50.6% | -53.8% |
| 2020 | 179.3% | +254.3% |
| 2021 | 93.4% | -47.9% |
| 2022 | 66.7% | -28.6% |
| 2023 | 50.1% | -24.9% |
Panama compared with similar countries
- Panama's 50.1% is above the median for high income countries, which is 27.2%, 1.8× the median. (52 countries reporting)
- Panama's 50.1% is above the median for Latin America & Caribbean, which is 17.7%, 2.8× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Share of CO₂ emissions embedded in trade in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +282.9% | -57.4% | 104.9% |
| 1991 | -283.5% | 4.8% | -8.7% |
| 2020 | +254.3% | 50.6% | 179.3% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 27 Mozambique 58.7% compare
- 28 United Kingdom 58.2% compare
- 29 France 50.7% compare
- 31 Finland 49.3% compare
- 32 Madagascar 44.4% compare
- 33 Estonia 43.9% compare
More climate change data for Panama
- Nutrient nitrogen N (total) — Synthetic fertilizers (Agricultural) 36.85 million kg (2050)
- Emissions from livestock — Emissions (CO2eq) 4,728 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from N2O 1,100 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from CH4 3,628 kt (2050)
- Emissions from livestock — Emissions 4.15 kt (2050)
- Emissions from livestock — Emissions 129.58 kt (2050)
- Emissions from crops — Emissions (CO2eq) 304.48 kt (2050)
- Emissions from crops — Emissions (CO2eq) from N2O 247.11 kt (2050)
- Emissions from crops — Emissions (CO2eq) from CH4 57.37 kt (2050)
- Emissions from crops — Emissions 0.9325 kt (2050)
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
Annual net carbon dioxide (CO₂) emissions embedded in trade, measured as a percentage of emissions of CO₂.