Service exports in Panama
Panama: Service exports was 20.19 billion BoP, current US$ in 2025. ◆ Volatile
Service exports in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Panama is 20.19 billion BoP, current US$, measured in 2025. That is the highest value across all 49 years on record.
The figure is up 9.8% on the previous year and up 70.2% over ten years.
Over the whole period, service exports in Panama peaked at 20.19 billion BoP, current US$ in 2025 and was at its lowest, 401.20 million BoP, current US$, in 1977.
Panama ranks 50th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 467.73 million BoP, current US$ | 401.20 million BoP, current US$ | 559.50 million BoP, current US$ | 3 |
| 1980s | 1.06 billion BoP, current US$ | 902.90 million BoP, current US$ | 1.18 billion BoP, current US$ | 10 |
| 1990s | 1.48 billion BoP, current US$ | 1.09 billion BoP, current US$ | 1.90 billion BoP, current US$ | 10 |
| 2000s | 3.58 billion BoP, current US$ | 2.00 billion BoP, current US$ | 5.95 billion BoP, current US$ | 10 |
| 2010s | 11.25 billion BoP, current US$ | 6.83 billion BoP, current US$ | 13.75 billion BoP, current US$ | 10 |
| 2020s | 15.06 billion BoP, current US$ | 8.20 billion BoP, current US$ | 20.19 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 47 Vietnam 25.02 billion BoP, current US$ compare
- 48 Croatia 24.77 billion BoP, current US$ compare
- 49 Qatar 24.35 billion BoP, current US$ compare
- 51 Colombia 19.59 billion BoP, current US$ compare
- 52 New Zealand 19.51 billion BoP, current US$ compare
- 53 Bulgaria 18.62 billion BoP, current US$ compare
More economy & growth data for Panama
- External balance on goods and services as a percent of gdp 5.04 (2024)
- Inflation of consumer prices -0.1896 (2025)
- Gdp per capita worldbank constant usd 17,650 (2025)
- Manufacturing value added to gdp 4.8 (2025)
- Gdp worldbank constant usd 80.68 billion (2025)
- Gdp per capita in international and market dollars 17,650 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is service exports in Panama?
- Service exports in Panama was 20.19 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Panama?
- The highest recorded value was 20.19 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Panama?
- The lowest recorded value was 401.20 million BoP, current US$ in 1977.
- How does Panama rank for service exports?
- Panama ranks 50th out of 198 countries with data for 2025.
- Is service exports rising or falling in Panama?
- Over the last ten years it is up 70.2%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.