Least developed countries vs Panama: Transport services

Least developed countries
31.9%
in 2024
Panama
51.2%
in 2025
Least developed countries rank
3rd
Panama rank
6th

Transport services over time

  • Least developed countries
  • Panama
0204060197720012025

How they compare

Panama currently reports 51.2% against 31.9% in Least developed countries, a difference of 19.3%.

That makes Panama's figure about 1.6 times Least developed countries's.

Across all 35 years both countries report, Panama has been ahead every year.

Least developed countries ranks 3rd and Panama ranks 6th of 45 groups.

Panama has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Least developed countries Panama Difference Ahead
1990s 17.8% 52.2% 34.3% Panama
2000s 16.4% 54.3% 37.9% Panama
2010s 20.8% 48.1% 27.3% Panama
2020s 32.2% 56.6% 24.4% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher transport services, Least developed countries or Panama?
Panama, at 51.2% against 31.9% in Least developed countries as of 2025.
What is the difference in transport services between Least developed countries and Panama?
19.3%, with Panama ahead.
How many years of comparable data are there for Least developed countries and Panama?
35 years are reported by both, from 1990 to 2024.
How do Least developed countries and Panama rank globally for transport services?
Least developed countries ranks 3rd and Panama ranks 6th of 45 groups.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Transport services (% of service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Least developed countries vs Panama: Transport services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/transport-services-percent-of-service-exports-bop/least-developed-countries-un-classification/panama/

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About this data

Indicator
Transport services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,461 data points, 1960–2025
Last refreshed

Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.