ICT service exports in Panama
Panama: ICT service exports was 2.5% in 2025. ◆ Volatile
ICT service exports in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Panama recorded 2.5% for ict service exports in 2025.
The figure is down 5.3% on the previous year and up 3.2% over ten years.
Over the whole period, ict service exports in Panama peaked at 5.2% in 2020 and was at its lowest, 0.0%, in 1990.
That places Panama 133rd out of 189 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Panama, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 1.5% | — |
| 1978 | 0.8% | -44.1% |
| 1979 | 0.7% | -12.4% |
| 1980 | 0.6% | -18.4% |
| 1981 | 0.3% | -51.6% |
| 1982 | 0.3% | -2.7% |
| 1983 | 0.2% | -12.1% |
| 1984 | 0.3% | +32.7% |
| 1985 | 0.3% | -12.3% |
| 1986 | 0.3% | +16.8% |
| 1987 | 0.4% | +21.4% |
| 1988 | 0.4% | -10.2% |
| 1989 | 0.0% | -88.9% |
| 1990 | 0.0% | -32.6% |
| 1991 | 1.7% | +5972.1% |
| 1992 | 2.0% | +21.8% |
| 1993 | 2.2% | +6.6% |
| 1994 | 2.8% | +27.9% |
| 1995 | 2.2% | -20.0% |
| 1996 | 2.4% | +6.7% |
| 1997 | 2.2% | -6.0% |
| 1998 | 2.7% | +23.0% |
| 1999 | 2.1% | -24.0% |
| 2000 | 1.6% | -21.5% |
| 2001 | 2.1% | +31.5% |
| 2002 | 1.6% | -26.3% |
| 2003 | 2.8% | +77.9% |
| 2004 | 4.1% | +46.7% |
| 2005 | 4.2% | +1.6% |
| 2006 | 4.3% | +2.8% |
| 2007 | 4.6% | +7.1% |
| 2008 | 4.2% | -8.7% |
| 2009 | 4.6% | +8.7% |
| 2010 | 4.8% | +4.3% |
| 2011 | 4.0% | -15.4% |
| 2012 | 3.1% | -23.8% |
| 2013 | 2.9% | -6.7% |
| 2014 | 2.8% | -4.1% |
| 2015 | 2.4% | -12.7% |
| 2016 | 2.5% | +1.9% |
| 2017 | 2.2% | -10.0% |
| 2018 | 3.5% | +60.0% |
| 2019 | 3.5% | +0.4% |
| 2020 | 5.2% | +45.9% |
| 2021 | 4.1% | -20.7% |
| 2022 | 3.0% | -26.0% |
| 2023 | 2.6% | -13.8% |
| 2024 | 2.6% | +0.4% |
| 2025 | 2.5% | -5.3% |
Panama compared with similar countries
- Panama's 2.5% is below the median for high income countries, which is 7.6%, 33% of the median. (68 countries reporting)
- Panama's 2.5% is below the median for Latin America & Caribbean, which is 3.1%, 81% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where ICT service exports in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +5972.1% | 0.0% | 1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.0% | 0.7% | 1.5% | 3 |
| 1980s | 0.3% | 0.0% | 0.6% | 10 |
| 1990s | 2.0% | 0.0% | 2.8% | 10 |
| 2000s | 3.4% | 1.6% | 4.6% | 10 |
| 2010s | 3.2% | 2.2% | 4.8% | 10 |
| 2020s | 3.3% | 2.5% | 5.2% | 6 |
Countries ranked near Panama
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is ict service exports in Panama?
- Ict service exports in Panama was 2.5% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Panama?
- The highest recorded value was 5.2% in 2020.
- What is the lowest ict service exports recorded in Panama?
- The lowest recorded value was 0.0% in 1990.
- How does Panama rank for ict service exports?
- Panama ranks 133rd out of 189 countries with data for 2025.
- Is ict service exports rising or falling in Panama?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions).