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
Exports of goods and services (current LCU), annual growth rate in Panama, 1961–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
- 147 Tunisia 0.6309 % change on previous year compare
- 148 France 0.531 % change on previous year compare
- 149 Sweden 0.3991 % change on previous year compare
- 151 Bolivia, Plurinational State of 0.3256 % change on previous year compare
- 152 Norway 0.2872 % change on previous year compare
- 153 South Sudan 0.2277 % change on previous year compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 10,575 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.9683 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9496 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 18,195 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 0.9683 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.9496 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 18,195 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.9641 % change on previous year (2024)
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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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
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
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
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.