Panama vs United Kingdom of Great Britain and Northern Ireland: Trade in services

Panama
28.9%
in 2025
United Kingdom of Great Britain and Northern Ireland
29.2%
in 2025
Panama rank
74th
United Kingdom of Great Britain and Northern Ireland rank
71st

Trade in services over time

  • Panama
  • United Kingdom of Great Britain and Northern Ireland
10203040197019972025

How they compare

United Kingdom of Great Britain and Northern Ireland currently reports 29.2% against 28.9% in Panama, a difference of 0.3%.

The two have swapped places 3 times across 49 shared years of data; in 1977 it was Panama ahead.

Panama ranks 74th and United Kingdom of Great Britain and Northern Ireland ranks 71st of 200 countries.

Across the 6 decades both report, Panama averaged higher in 5 and United Kingdom of Great Britain and Northern Ireland in 1.

Head to head by decade

Decade Panama United Kingdom of Great Britain and Northern Ireland Difference Ahead
1970s 22.0% 12.5% 9.5% Panama
1980s 28.4% 10.7% 17.7% Panama
1990s 27.6% 11.1% 16.5% Panama
2000s 29.4% 16.9% 12.5% Panama
2010s 31.0% 22.1% 8.9% Panama
2020s 25.7% 26.2% 0.5% United Kingdom of Great Britain and Northern Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade in services, Panama or United Kingdom of Great Britain and Northern Ireland?
United Kingdom of Great Britain and Northern Ireland, at 29.2% against 28.9% in Panama as of 2025.
What is the difference in trade in services between Panama and United Kingdom of Great Britain and Northern Ireland?
0.3%, with United Kingdom of Great Britain and Northern Ireland ahead.
How many years of comparable data are there for Panama and United Kingdom of Great Britain and Northern Ireland?
49 years are reported by both, from 1977 to 2025.
How do Panama and United Kingdom of Great Britain and Northern Ireland rank globally for trade in services?
Panama ranks 74th and United Kingdom of Great Britain and Northern Ireland ranks 71st of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs United Kingdom of Great Britain and Northern Ireland: Trade in services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/trade-in-services-percent-of-gdp/panama/united-kingdom/

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About this data

Indicator
Trade in services (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 9,893 data points, 1960–2025
Last refreshed

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.