Services value added — all countries

Services value added — Panama

Services value added in Panama in 2025 — 63,341,900,000 US$. Ranked 63 in the world out of 158. Since 1970, the indicator has risen by 7,741.1%.

2025 63.34B US$ +5.57% vs 2024
World rank 63of 158
Period maximum 63.34B US$2025
Period minimum 808M US$1970

Trend over time

1970–2025 · US$

Services value added — Panama, 1970–2025020B40B60B80B19701976198219881994200020062012201820241970: 807,822,900 US$1971: 915,701,700 US$1972: 1,037,098,000 US$1973: 1,168,495,600 US$1974: 1,362,108,200 US$1975: 1,489,754,500 US$1976: 1,617,482,000 US$1977: 1,745,034,800 US$1978: 2,072,285,500 US$1979: 2,382,745,500 US$1980: 2,981,023,600 US$1981: 3,418,038,800 US$1982: 3,807,642,600 US$1983: 3,972,065,100 US$1984: 4,134,568,300 US$1985: 4,205,033,600 US$1986: 4,370,107,700 US$1987: 4,439,847,600 US$1988: 4,034,374,400 US$1989: 4,039,114,000 US$1990: 4,454,804,800 US$1991: 4,792,712,100 US$1992: 5,497,106,100 US$1993: 5,849,903,800 US$1994: 6,303,265,600 US$1995: 6,400,249,300 US$1996: 6,494,884,700 US$1997: 7,234,339,000 US$1998: 7,898,738,200 US$1999: 8,240,985,200 US$2000: 8,565,077,000 US$2001: 8,949,115,400 US$2002: 9,411,883,200 US$2003: 9,816,316,900 US$2004: 10,953,523,900 US$2005: 12,138,036,100 US$2006: 13,800,681,900 US$2007: 16,062,988,400 US$2008: 18,595,652,600 US$2009: 20,414,550,000 US$2010: 22,187,183,000 US$2011: 26,078,900,100 US$2012: 29,889,033,900 US$2013: 32,258,987,700 US$2014: 34,613,301,500 US$2015: 37,170,444,800 US$2016: 39,337,643,200 US$2017: 42,135,247,200 US$2018: 44,302,112,400 US$2019: 46,058,350,900 US$2020: 40,514,389,100 US$2021: 45,935,273,000 US$2022: 52,121,186,800 US$2023: 56,789,208,000 US$2024: 59,999,400,600 US$2025: 63,341,900,000 US$
Change over the period: +62.53B (+7,741.06%) Average annual rate: 8.25 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Panama

Panama 63.34B US$
World computed 46.11T US$
Central America computed 1.35T US$
Services value added — Panama, by year Panama All countries CSV XLSX
Year US$ Change Change, %
2025 63.34B +3.34B +5.57%
2024 60B +3.21B +5.65%
2023 56.79B +4.67B +8.96%
2022 52.12B +6.19B +13.47%
2021 45.94B +5.42B +13.38%
2020 40.51B −5.54B −12.04%
2019 46.06B +1.76B +3.96%
2018 44.3B +2.17B +5.14%
2017 42.14B +2.8B +7.11%
2016 39.34B +2.17B +5.83%
2015 37.17B +2.56B +7.39%
2014 34.61B +2.35B +7.3%
2013 32.26B +2.37B +7.93%
2012 29.89B +3.81B +14.61%
2011 26.08B +3.89B +17.54%
2010 22.19B +1.77B +8.68%
2009 20.41B +1.82B +9.78%
2008 18.6B +2.53B +15.77%
2007 16.06B +2.26B +16.39%
2006 13.8B +1.66B +13.7%
2005 12.14B +1.18B +10.81%
2004 10.95B +1.14B +11.58%
2003 9.82B +404M +4.3%
2002 9.41B +463M +5.17%
2001 8.95B +384M +4.48%
2000 8.57B +324M +3.93%
1999 8.24B +342M +4.33%
1998 7.9B +664M +9.18%
1997 7.23B +739M +11.39%
1996 6.49B +94.64M +1.48%
1995 6.4B +96.98M +1.54%
1994 6.3B +453M +7.75%
1993 5.85B +353M +6.42%
1992 5.5B +704M +14.7%
1991 4.79B +338M +7.59%
1990 4.45B +416M +10.29%
1989 4.04B +4.74M +0.12%
1988 4.03B −405M −9.13%
1987 4.44B +69.74M +1.6%
1986 4.37B +165M +3.93%
1985 4.21B +70.47M +1.7%
1984 4.13B +163M +4.09%
1983 3.97B +164M +4.32%
1982 3.81B +390M +11.4%
1981 3.42B +437M +14.66%
1980 2.98B +598M +25.11%
1979 2.38B +310M +14.98%
1978 2.07B +327M +18.75%
1977 1.75B +128M +7.89%
1976 1.62B +128M +8.57%
1975 1.49B +128M +9.37%
1974 1.36B +194M +16.57%
1973 1.17B +131M +12.67%
1972 1.04B +121M +13.26%
1971 916M +108M +13.35%
1970 808M

Central America, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.