Bermuda vs Panama: Travel services
Bermuda
33.2%
in 2023
Panama
32.6%
in 2025
Bermuda rank
106th
Panama rank
108th
Travel services over time
- Bermuda
- Panama
How they compare
Bermuda currently reports 33.2% against 32.6% in Panama, a difference of 0.6%.
The two have swapped places 4 times across 18 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 106th and Panama ranks 108th of 198 countries.
Across the 3 decades both report, Bermuda averaged higher in 2 and Panama in 1.
Head to head by decade
| Decade | Bermuda | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.9% | 24.0% | 6.9% | Bermuda |
| 2010s | 33.5% | 31.9% | 1.7% | Bermuda |
| 2020s | 20.9% | 24.4% | 3.5% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher travel services, Bermuda or Panama?
- Bermuda, at 33.2% against 32.6% in Panama as of 2023.
- What is the difference in travel services between Bermuda and Panama?
- 0.6%, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Panama?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Panama rank globally for travel services?
- Bermuda ranks 106th and Panama ranks 108th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Travel services (% of service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.