Iceland vs Panama: Share of services in total exports
Iceland
52.5%
in 2025
Panama
52.0%
in 2025
Iceland rank
49th
Panama rank
50th
Share of services in total exports over time
- Iceland
- Panama
How they compare
Iceland currently reports 52.5% against 52.0% in Panama, a difference of 0.5%.
The two have swapped places 5 times across 49 shared years of data; in 1977 it was Panama ahead.
Iceland ranks 49th and Panama ranks 50th of 198 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.5% | 52.9% | 24.4% | Panama |
| 1980s | 28.9% | 30.7% | 1.8% | Panama |
| 1990s | 29.3% | 21.6% | 7.8% | Iceland |
| 2000s | 39.6% | 30.2% | 9.4% | Iceland |
| 2010s | 48.5% | 41.1% | 7.3% | Iceland |
| 2020s | 45.6% | 45.1% | 0.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of services in total exports, Iceland or Panama?
- Iceland, at 52.5% against 52.0% in Panama as of 2025.
- What is the difference in share of services in total exports between Iceland and Panama?
- 0.5%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Panama?
- 49 years are reported by both, from 1977 to 2025.
- How do Iceland and Panama rank globally for share of services in total exports?
- Iceland ranks 49th and Panama ranks 50th of 198 countries.
- Where does this data come from?
- United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) β processed by Our World in Data, published as Share of services in total exports. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.