Poland and Panama
Poland and Panama combine diplomatic cooperation, trade networks, and university and cultural contacts. The embassy reopened in 2017 facilitates regional business activity and various projects with Panamanian authorities and communities.
Analysis reviewed: 2026-10-08 · Indicators updated: 2026-10-08What merchandise trade shows
In 2025, goods trade between Poland and Panama totalled 19.7 million current USD.
Documented trade sectors
Within the selected chapters, machinery and mechanical appliances stands out in shipments from Poland to Panama, at 2.6 million USD in 2025.
Bilateral indicators
Blank cells: data unavailable.
| Indicator | Value | Period |
|---|---|---|
| Goods trade | 19.74 M USD | 2025 · Comtrade |
| Goods: Poland to Panama | 17.01 M USD | 2025 · Comtrade |
| Goods: Panama to Poland | 2.73 M USD | 2025 · Comtrade |
| Services trade | ||
| Export share: Poland to Panama | ||
| Export share: Panama to Poland | ||
| Investment stock: Poland in Panama | ||
| Investment stock: Panama in Poland |
Definitions and sources
Trade adds both directions. Shares refer to the country’s total goods exports; investment is an accumulated stock, not an annual flow. Every figure retains the currency and period of its source. BEA positions are historical-cost estimates based on the immediate counterpart, not market values or investment by ultimate owner. ‘More than’ indicates a lower bound, not an exact amount. A recorded stock does not establish new activity or authorisation to operate under sanctions.
- Goods trade
- 2025 · UN Comtrade · Goods; full calendar year; reporter PAN. Both directions come from the same verified customs document, not from adding mirror declarations together. Exports generally FOB; imports generally CIF.
- Goods: Poland to Panama
- 2025 · UN Comtrade · Goods; full calendar year; reporter PAN. Both directions come from the same verified customs document, not from adding mirror declarations together. Exports generally FOB; imports generally CIF.
- Goods: Panama to Poland
- 2025 · UN Comtrade · Goods; full calendar year; reporter PAN. Both directions come from the same verified customs document, not from adding mirror declarations together. Exports generally FOB; imports generally CIF.
Country comparison
Period and source beside each figure · est. = estimate by the stated institution.
| Indicator | Poland | Panama |
|---|---|---|
| Nominal GDP | 1.04 trillion USD2025 · World Bank | 90.46 billion USD2025 · WB |
| GDP per capita | 28,419.58 USD2025 · World Bank | 19,789.73 USD2025 · WB |
| GDP growth | 3.57 %2025 · World Bank | 4.35 %2025 · WB |
| Policy interest rate | ||
| Inflation · annual average | 3.81 %Annual average · 2025 · World Bank | -0.19 %Annual average · 2025 · WB |
| Inflation · latest year-on-year figure | ||
| Unemployment | 2.98 %ILO est.2025 · World Bank | 8.36 %ILO est.2025 · WB |
| Budget balance (% of GDP) | -7 %IMF est.2025 · IMF | -3.7 %IMF est.2025 · IMF |
| Gross public debt (% of GDP) | 58.8 %IMF est.2025 · IMF | 56.6 %IMF est.2025 · IMF |
| Current account balance (% of GDP) | -0.87 %2025 · World Bank | -0.19 %2025 · WB |
| Population | 36,435,8612025 · World Bank | 4,571,1892025 · WB |
| Area | 313,930 km²2023 · World Bank | 75,320 km²2023 · WB |
| Military expenditure | ||
| Military expenditure (% of GDP) |
Definitions, dates and sources
Blank cells are not zero. Average annual inflation and the latest year-on-year figure appear in separate rows: they are not the same measure. Every annual indicator retains its reference year; when the years differ, the figures are identified as not directly comparable. When a figure is unavailable from the World Bank, an annual IMF estimate is used and identified as such. The latest year-on-year figure is the latest official release verified as of 7 October 2026. This includes advance releases marked as provisional. Mexico may have a fortnightly figure before the full month is published; it is not automatically compared with a monthly figure. The publication date is retained in each source’s details; it does not replace the observation period or the annual average. Policy rates carry their own dates and represent different instruments. Spain and France share the ECB rate. Balances are positive for surpluses and negative for deficits. The IMF may use fiscal years; unemployment retains each source’s definition (ILO estimates, IMF WEO or PCBS), as stated in the details. For Palestine, debt and the fiscal balance cover central government and retain the PCBS definition; they are not presented as consolidated general government. These are economic magnitudes, not measures of relationship quality.
Area retains each source’s territorial coverage; it does not determine sovereignty or effective control. Canada uses an archived national geographic reference. Military expenditure retains the 2024 SIPRI sample distributed by the World Bank: the amount and percentage of GDP use that same definition, which differs from NATO’s. It is not an approved budget or a 2026 figure. Information from the Stockholm International Peace Research Institute (SIPRI). Military expenditure database · Terms of use0
Indicators reviewed: 2026-10-07. Each source retains its original access date; this review does not turn all the data into 2026 observations. Figures may be revised.
- Nominal GDP
- Current USDPoland: 2025 · World Bank · Official World Bank series; observation period, not download date.Panama: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- GDP per capita
- Current USD per personPoland: 2025 · World Bank · Official World Bank series; observation period, not download date.Panama: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- GDP growth
- Annual real change (%)Poland: 2025 · World Bank · Official World Bank series; observation period, not download date.Panama: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Policy interest rate
- Central bank instrument (%)
- Inflation · annual average
- Average annual change in headline CPI (%)Poland: 2025 · Annual average change in CPI (%) · World Bank · Official World Bank series; observation period, not download date.Panama: 2025 · Annual average CPI change (%) · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Inflation · latest year-on-year figure
- Headline CPI relative to the same period of the previous year (%); monthly or fortnightly frequency stated
- Unemployment
- % of the labour force; definition used by the stated institutionPoland: 2025 · ILO modelled estimate, percentage of the labour force · World Bank · ILO est. · Official World Bank series; observation period, not download date.Panama: 2025 · ILO modelled estimate; percentage of the labour force · World Bank · ILO est. · Annual World Bank observation, with its original year; not monthly data.
- Budget balance
- General government (% of GDP)Poland: 2025 · IMF · IMF est. · IMF WEO general-government estimate. Retains the source’s fiscal year when it differs from the calendar year.Panama: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.
- Gross public debt
- General government (% of GDP)Poland: 2025 · IMF · IMF est. · IMF WEO general-government estimate. Retains the source’s fiscal year when it differs from the calendar year.Panama: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.
- Current account balance
- % of GDPPoland: 2025 · World Bank · Official World Bank series; observation period, not download date.Panama: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Population
- PeoplePoland: 2025 · World Bank · Official World Bank series; observation period, not download date. Extrapolated assuming the same growth rate as the previous 6 months.Panama: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Area
- Total area in km²; territorial coverage of the sourcePoland: 2023 · World Bank · Official World Bank series; observation period, not download date.Panama: 2023 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Military expenditure
- Current USD per year; SIPRI series
- Military expenditure (% of GDP)
- Percentage of GDP; SIPRI definition, not NATO’s definition
Other data specific to this relationship
What they buy and sell
Documented selection, not an exhaustive list. Cells without a figure do not mean zero value; some products are identified without a verified amount.
Poland to Panama
| Product or sector | Value / share |
|---|---|
| Machinery and mechanical appliances | 2.6 M USD2025 · Source |
| Pharmaceutical products | 1 M USD2025 · Source |
| Electrical and electronic equipment | 0.96 M USD2025 · Source |
| Mineral fuels and oils | 0.737 M USD2025 · Source |
| Vehicles and components | 0.447 M USD2025 · Source |
| Dairy products, eggs and honey | 0.0844 M USD2025 · Source |
Panama to Poland
| Product or sector | Value / share |
|---|---|
Connections between people
In 2019, cooperation was agreed between Jagiellonian University and the University of Panama, and between the maritime universities of Gdynia and Panama. [1]
Residents, study and travel
Blank cells: data unavailable. Each measure retains its definition and period.
| Indicator | Value | Period / source |
|---|---|---|
| Residents from Poland living in Panama | ||
| Residents from Panama living in Poland | ||
| Study and training: Poland in Panama | ||
| Study and training: Panama in Poland | ||
| Academic stays: Poland in Panama | ||
| Academic stays: Panama in Poland | ||
| Travel: Poland to Panama | ||
| Travel: Panama to Poland |
What each figure measures
Residents are counted by nationality and the coverage of the stated register, not as people born in the other country or as new arrivals in one year. PERE includes dual nationals and people born outside Spain. Study with OPT and stays carrying academic credit are different measures. Travel may include several visits by the same person; FRONTUR arrivals require an overnight stay, whereas the Canadian survey includes day visits. These figures are neither added together nor automatically compared across directions.
Mobility data added or reviewed: 2026-10-07. Reference periods may be earlier.
Underlying ties
History, institutions and long-standing issues.
Bilateral context
Relations date from 1933. Juan Carlos Varela visited Poland in 2016 during World Youth Day, and Agata Kornhauser-Duda led the Polish representation in Panama in 2019. [1]
The scale of both economies
Nominal GDP for Poland is 1,035.5 billion USD (2025), compared with 90.5 for Panama (2025). The reference populations are 36.44 and 4.57 million, respectively. In the same year, the economy of Poland was 11.45 times that of Panama in nominal GDP. The comparison provides context on market size, but does not, on its own, measure influence, well-being or diplomatic closeness. Estimates and their sources retain their labels in the tables. [4] [5] [6] [7]
Recent developments
Recent developments and latest available data · Review: 2026-10-08
Cooperation and bilateral issues
The embassy reopened in 2017 and supported a business chamber initiated in 2019 and formally inaugurated in September 2021. Missions and EXPOCOMER connect companies with Central American markets. In 2019, cooperation was agreed between Jagiellonian University and the University of Panama, and between the maritime universities of Gdynia and Panama. The ninetieth anniversary in 2023 included a concert by Hina Maeda with the national symphony orchestra and community activities. The charity celebration planned that year was cancelled because of instability and is not presented as aid actually distributed. [1]
What merchandise trade shows
In 2025, merchandise trade between the two countries (Poland and Panama) totalled 19.7 million current USD. Shipments from the first to the second were 17 million; those in the opposite direction, 2.7 million. The difference between the two flows was 14.3 million, in favour of Poland. This is a goods balance, not the total balance of the economic relationship: it excludes services, income and transfers. Both directions come from a single customs reporter to avoid adding mirror records. [2]
Documented trade sectors
Within the selected chapters, machinery and mechanical appliances stands out in shipments from Poland to Panama, at 2.6 million USD in 2025. The table compares eight selected chapters with the same coverage as the trade total. It is not a complete list or proof that the first item in this selection is the leading product across the entire relationship. A chapter groups numerous goods: machinery and components, for example, do not describe a single business transaction. [3]
Sources and data
Periods and scope of the figures
Institutional sources and periods accompany each figure. Annual trade, investment positions, residents and visits are distinct measures. Empty cells do not mean zero. Statements of intent are not presented as project implementation or treaties in force.
- Bilateral relations — POL-PAN
www.gov.pl · Institutional source · Accessed: 2026-10-08
- UN Comtrade annual data; reused verified primary payload, not re-downloaded
UN Comtrade · Institutional source · Accessed: 2026-10-08
- Bounded matrix; reporter, partner, year, chapter and direction identified in each record
UN Comtrade · Institutional source · Accessed: 2026-10-08
- NY.GDP.MKTP.CD; country ISO and year preserved; no military data; exact requested country subset independently re-fetched and values compared
World Bank · Institutional source · Accessed: 2026-10-07
- Official series — gdp
World Bank · Institutional source · Accessed: 2026-10-07
- SP.POP.TOTL; country ISO and year preserved; no military data; exact requested country subset independently re-fetched and values compared
World Bank · Institutional source · Accessed: 2026-10-07
- Official series — population
World Bank · Institutional source · Accessed: 2026-10-07
Additional sources on products and human connections
- UN Comtrade
2026-10-08 · Accessed: 2026-10-08 · Bounded matrix; reporter, partner, year, chapter and direction identified in each record.