Exports of goods and services (current LCU), annual growth rate in Panama

Panama: Exports of goods and services (current LCU), annual growth rate was 0.359 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.359 % change on previous year
Change on year
down 91.3%
World rank
150th
of 192 countries
All-time high
44.25 % change on previous year
in 1974
All-time low
-26.25 % change on previous year
in 2020
Years of data
64
1961–2024

Exports of goods and services (current LCU), annual growth rate in Panama, 1961–2024

-2002040196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, exports of goods and services (current lcu), annual growth rate in Panama stood at 0.359 % change on previous year.

Compared with earlier readings it is down 91.3% on the previous year and up 105.2% over ten years.

Over the whole period, exports of goods and services (current lcu), annual growth rate in Panama peaked at 44.25 % change on previous year in 1974 and was at its lowest, -26.25 % change on previous year, in 2020.

Panama ranks 150th of 192 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Exports of goods and services (current LCU), annual growth rate in Panama, year by year

Annual values for Exports of goods and services (current LCU), annual growth rate in Panama, 1961 to 2024.
Year % change on previous year Change
1961 14.93 % change on previous year
1962 22.69 % change on previous year +52.0%
1963 9.75 % change on previous year -57.0%
1964 7.01 % change on previous year -28.1%
1965 13.95 % change on previous year +99.1%
1966 11.66 % change on previous year -16.4%
1967 12.49 % change on previous year +7.2%
1968 9.38 % change on previous year -24.9%
1969 9.97 % change on previous year +6.3%
1970 7.5 % change on previous year -24.8%
1971 9.84 % change on previous year +31.3%
1972 8.04 % change on previous year -18.3%
1973 14.63 % change on previous year +81.9%
1974 44.25 % change on previous year +202.5%
1975 13.6 % change on previous year -69.3%
1976 -3.19 % change on previous year -123.4%
1977 9.94 % change on previous year -411.8%
1978 7.09 % change on previous year -28.7%
1979 14.03 % change on previous year +97.9%
1980 37.4 % change on previous year +166.6%
1981 8.41 % change on previous year -77.5%
1982 0.7621 % change on previous year -90.9%
1983 -14.81 % change on previous year -2043.6%
1984 -1.44 % change on previous year -90.3%
1985 8.01 % change on previous year -655.9%
1986 7.73 % change on previous year -3.5%
1987 0.9818 % change on previous year -87.3%
1988 -9.08 % change on previous year -1025.1%
1989 5.2 % change on previous year -157.2%
1990 19.6 % change on previous year +277.1%
1991 23.08 % change on previous year +17.7%
1992 17.22 % change on previous year -25.4%
1993 5.42 % change on previous year -68.5%
1994 9.94 % change on previous year +83.2%
1995 3.47 % change on previous year -65.1%
1996 19.9 % change on previous year +473.2%
1997 16.56 % change on previous year -16.8%
1998 -5.23 % change on previous year -131.6%
1999 -12.25 % change on previous year +134.2%
2000 10.95 % change on previous year -189.4%
2001 2.01 % change on previous year -81.7%
2002 -4.46 % change on previous year -322.0%
2003 -1.67 % change on previous year -62.5%
2004 15.67 % change on previous year -1037.0%
2005 24.01 % change on previous year +53.2%
2006 13.82 % change on previous year -42.4%
2007 21.07 % change on previous year +52.4%
2008 28.83 % change on previous year +36.8%
2009 -3.45 % change on previous year -112.0%
2010 8.87 % change on previous year -357.0%
2011 31.07 % change on previous year +250.1%
2012 11.75 % change on previous year -62.2%
2013 -2.24 % change on previous year -119.1%
2014 -6.87 % change on previous year +206.2%
2015 -6.38 % change on previous year -7.1%
2016 -5.61 % change on previous year -12.1%
2017 6.95 % change on previous year -223.9%
2018 6.86 % change on previous year -1.3%
2019 -1.56 % change on previous year -122.8%
2020 -26.25 % change on previous year +1579.3%
2021 35.5 % change on previous year -235.2%
2022 30.99 % change on previous year -12.7%
2023 4.12 % change on previous year -86.7%
2024 0.359 % change on previous year -91.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 12.42 % change on previous year 7.01 % change on previous year 22.69 % change on previous year 9
1970s 12.57 % change on previous year -3.19 % change on previous year 44.25 % change on previous year 10
1980s 4.32 % change on previous year -14.81 % change on previous year 37.4 % change on previous year 10
1990s 9.77 % change on previous year -12.25 % change on previous year 23.08 % change on previous year 10
2000s 10.68 % change on previous year -4.46 % change on previous year 28.83 % change on previous year 10
2010s 4.28 % change on previous year -6.87 % change on previous year 31.07 % change on previous year 10
2020s 8.94 % change on previous year -26.25 % change on previous year 35.5 % change on previous year 5

Countries ranked near Panama

  1. 147 Tunisia 0.6309 % change on previous year compare
  2. 148 France 0.531 % change on previous year compare
  3. 149 Sweden 0.3991 % change on previous year compare
  4. 151 Bolivia, Plurinational State of 0.3256 % change on previous year compare
  5. 152 Norway 0.2872 % change on previous year compare
  6. 153 South Sudan 0.2277 % change on previous year compare

See the full ranking of 192 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is exports of goods and services (current lcu), annual growth rate in Panama?
Exports of goods and services (current lcu), annual growth rate in Panama was 0.359 % change on previous year in 2024, according to Statizoid (derived).
What is the highest exports of goods and services (current lcu), annual growth rate recorded in Panama?
The highest recorded value was 44.25 % change on previous year in 1974.
What is the lowest exports of goods and services (current lcu), annual growth rate recorded in Panama?
The lowest recorded value was -26.25 % change on previous year in 2020.
How does Panama rank for exports of goods and services (current lcu), annual growth rate?
Panama ranks 150th out of 192 countries with data for 2024.
Is exports of goods and services (current lcu), annual growth rate rising or falling in Panama?
Over the last ten years it is up 105.2%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Exports of goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Exports of goods and services (current LCU), annual growth rate in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/exports-of-goods-and-services-current-lcu-annual-growth-rate/panama/

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How this figure is calculated

The year-on-year percentage change in Exports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Exports of goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,803 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Exports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.