Service imports (BoP, current US$), per square kilometre in Panama
Panama: Service imports (BoP, current US$), per square kilometre was 81,530 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
81,530 BoP, current US$ per square kilometre
Change on year
up 7.2%
World rank
86th
of 198 countries
All-time high
81,530 BoP, current US$ per square kilometre
in 2023
All-time low
2,758 BoP, current US$ per square kilometre
in 1977
Years of data
47
1977–2023
Service imports (BoP, current US$), per square kilometre in Panama, 1977–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
In 2023, service imports (bop, current us$), per square kilometre in Panama stood at 81,530 BoP, current US$ per square kilometre. That is the highest value across all 47 years on record.
The figure is up 7.2% on the previous year and up 17.9% over ten years.
Over the whole period, service imports (bop, current us$), per square kilometre in Panama peaked at 81,530 BoP, current US$ per square kilometre in 2023 and was at its lowest, 2,758 BoP, current US$ per square kilometre, in 1977.
That places Panama 86th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), per square kilometre in Panama, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1977 | 2,758 BoP, current US$ per square kilometre | — |
| 1978 | 3,212 BoP, current US$ per square kilometre | +16.5% |
| 1979 | 3,870 BoP, current US$ per square kilometre | +20.5% |
| 1980 | 7,950 BoP, current US$ per square kilometre | +105.4% |
| 1981 | 9,031 BoP, current US$ per square kilometre | +13.6% |
| 1982 | 8,524 BoP, current US$ per square kilometre | -5.6% |
| 1983 | 7,419 BoP, current US$ per square kilometre | -13.0% |
| 1984 | 8,045 BoP, current US$ per square kilometre | +8.4% |
| 1985 | 8,853 BoP, current US$ per square kilometre | +10.0% |
| 1986 | 10,724 BoP, current US$ per square kilometre | +21.1% |
| 1987 | 9,522 BoP, current US$ per square kilometre | -11.2% |
| 1988 | 6,980 BoP, current US$ per square kilometre | -26.7% |
| 1989 | 7,747 BoP, current US$ per square kilometre | +11.0% |
| 1990 | 9,282 BoP, current US$ per square kilometre | +19.8% |
| 1991 | 11,418 BoP, current US$ per square kilometre | +23.0% |
| 1992 | 12,349 BoP, current US$ per square kilometre | +8.2% |
| 1993 | 13,150 BoP, current US$ per square kilometre | +6.5% |
| 1994 | 14,319 BoP, current US$ per square kilometre | +8.9% |
| 1995 | 14,654 BoP, current US$ per square kilometre | +2.3% |
| 1996 | 13,927 BoP, current US$ per square kilometre | -5.0% |
| 1997 | 17,425 BoP, current US$ per square kilometre | +25.1% |
| 1998 | 17,002 BoP, current US$ per square kilometre | -2.4% |
| 1999 | 15,552 BoP, current US$ per square kilometre | -8.5% |
| 2000 | 15,503 BoP, current US$ per square kilometre | -0.3% |
| 2001 | 14,985 BoP, current US$ per square kilometre | -3.3% |
| 2002 | 17,692 BoP, current US$ per square kilometre | +18.1% |
| 2003 | 17,575 BoP, current US$ per square kilometre | -0.7% |
| 2004 | 19,652 BoP, current US$ per square kilometre | +11.8% |
| 2005 | 24,392 BoP, current US$ per square kilometre | +24.1% |
| 2006 | 23,246 BoP, current US$ per square kilometre | -4.7% |
| 2007 | 29,735 BoP, current US$ per square kilometre | +27.9% |
| 2008 | 36,645 BoP, current US$ per square kilometre | +23.2% |
| 2009 | 30,112 BoP, current US$ per square kilometre | -17.8% |
| 2010 | 38,028 BoP, current US$ per square kilometre | +26.3% |
| 2011 | 58,343 BoP, current US$ per square kilometre | +53.4% |
| 2012 | 59,333 BoP, current US$ per square kilometre | +1.7% |
| 2013 | 69,174 BoP, current US$ per square kilometre | +16.6% |
| 2014 | 66,657 BoP, current US$ per square kilometre | -3.6% |
| 2015 | 65,081 BoP, current US$ per square kilometre | -2.4% |
| 2016 | 64,499 BoP, current US$ per square kilometre | -0.9% |
| 2017 | 63,050 BoP, current US$ per square kilometre | -2.2% |
| 2018 | 70,217 BoP, current US$ per square kilometre | +11.4% |
| 2019 | 68,745 BoP, current US$ per square kilometre | -2.1% |
| 2020 | 42,868 BoP, current US$ per square kilometre | -37.6% |
| 2021 | 55,501 BoP, current US$ per square kilometre | +29.5% |
| 2022 | 76,042 BoP, current US$ per square kilometre | +37.0% |
| 2023 | 81,530 BoP, current US$ per square kilometre | +7.2% |
Panama compared with similar countries
- Panama's 81,530 BoP, current US$ per square kilometre is below the median for high income countries, which is 454,088 BoP, current US$ per square kilometre, 18% of the median. (72 countries reporting)
- Panama's 81,530 BoP, current US$ per square kilometre is above the median for Latin America & Caribbean, which is 78,322 BoP, current US$ per square kilometre, 1.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,280 BoP, current US$ per square kilometre | 2,758 BoP, current US$ per square kilometre | 3,870 BoP, current US$ per square kilometre | 3 |
| 1980s | 8,480 BoP, current US$ per square kilometre | 6,980 BoP, current US$ per square kilometre | 10,724 BoP, current US$ per square kilometre | 10 |
| 1990s | 13,908 BoP, current US$ per square kilometre | 9,282 BoP, current US$ per square kilometre | 17,425 BoP, current US$ per square kilometre | 10 |
| 2000s | 22,954 BoP, current US$ per square kilometre | 14,985 BoP, current US$ per square kilometre | 36,645 BoP, current US$ per square kilometre | 10 |
| 2010s | 62,313 BoP, current US$ per square kilometre | 38,028 BoP, current US$ per square kilometre | 70,217 BoP, current US$ per square kilometre | 10 |
| 2020s | 63,985 BoP, current US$ per square kilometre | 42,868 BoP, current US$ per square kilometre | 81,530 BoP, current US$ per square kilometre | 4 |
Countries ranked near Panama
- 83 Montenegro 86,378 BoP, current US$ per square kilometre compare
- 84 United States of America 83,280 BoP, current US$ per square kilometre compare
- 85 North Macedonia 82,314 BoP, current US$ per square kilometre compare
- 87 Sao Tome and Principe 79,682 BoP, current US$ per square kilometre compare
- 88 Turks and Caicos Islands 78,322 BoP, current US$ per square kilometre compare
- 89 Bulgaria 72,260 BoP, current US$ per square kilometre 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)
- 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), per square kilometre in Panama?
- Service imports (bop, current us$), per square kilometre in Panama was 81,530 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per square kilometre recorded in Panama?
- The highest recorded value was 81,530 BoP, current US$ per square kilometre in 2023.
- What is the lowest service imports (bop, current us$), per square kilometre recorded in Panama?
- The lowest recorded value was 2,758 BoP, current US$ per square kilometre in 1977.
- How does Panama rank for service imports (bop, current us$), per square kilometre?
- Panama ranks 86th out of 198 countries with data for 2023.
- Is service imports (bop, current us$), per square kilometre rising or falling in Panama?
- Over the last ten years it is up 17.9%. 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 Service imports (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service imports (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.