Luxembourg vs Panama: Services, value added
Services, value added over time
- Luxembourg
- Panama
How they compare
Panama currently reports 57.56 billion constant 2015 US$ against 57.04 billion constant 2015 US$ in Luxembourg, a difference of 520.60 million constant 2015 US$.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Luxembourg ahead.
Luxembourg ranks 66th and Panama ranks 65th of 196 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 25.62 billion constant 2015 US$ | 12.77 billion constant 2015 US$ | 12.85 billion constant 2015 US$ | Luxembourg |
| 2000s | 36.59 billion constant 2015 US$ | 19.89 billion constant 2015 US$ | 16.69 billion constant 2015 US$ | Luxembourg |
| 2010s | 47.64 billion constant 2015 US$ | 36.89 billion constant 2015 US$ | 10.75 billion constant 2015 US$ | Luxembourg |
| 2020s | 56.32 billion constant 2015 US$ | 49.57 billion constant 2015 US$ | 6.75 billion constant 2015 US$ | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Luxembourg or Panama?
- Panama, at 57.56 billion constant 2015 US$ against 57.04 billion constant 2015 US$ in Luxembourg as of 2025.
- What is the difference in services, value added between Luxembourg and Panama?
- 520.60 million constant 2015 US$, with Panama ahead.
- How many years of comparable data are there for Luxembourg and Panama?
- 31 years are reported by both, from 1995 to 2025.
- How do Luxembourg and Panama rank globally for services, value added?
- Luxembourg ranks 66th and Panama ranks 65th of 196 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.