Services, value added (constant 2015 US$), annual growth rate in Panama
Panama: Services, value added (constant 2015 US$), annual growth rate was 5.43 % change on previous year in 2025. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Panama, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), annual growth rate in Panama is 5.43 % change on previous year, measured in 2025.
The figure is up 12.7% on the previous year and up 58.2% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Panama peaked at 17.06 % change on previous year in 1980 and was at its lowest, -10.58 % change on previous year, in 2020.
That places Panama 43rd out of 195 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.04 % change on previous year | — |
| 1972 | 6.86 % change on previous year | -24.1% |
| 1973 | 5.2 % change on previous year | -24.3% |
| 1974 | 7.51 % change on previous year | +44.5% |
| 1975 | 1.19 % change on previous year | -84.1% |
| 1976 | 0.207 % change on previous year | -82.7% |
| 1977 | 3.67 % change on previous year | +1672.3% |
| 1978 | 8.85 % change on previous year | +141.2% |
| 1979 | 5.48 % change on previous year | -38.1% |
| 1980 | 17.06 % change on previous year | +211.4% |
| 1981 | 10.38 % change on previous year | -39.2% |
| 1982 | 6.15 % change on previous year | -40.7% |
| 1983 | -3.56 % change on previous year | -157.9% |
| 1984 | 2.19 % change on previous year | -161.3% |
| 1985 | 3.97 % change on previous year | +81.7% |
| 1986 | 2.97 % change on previous year | -25.3% |
| 1987 | -3.04 % change on previous year | -202.3% |
| 1988 | -10.47 % change on previous year | +245.0% |
| 1989 | 1.9 % change on previous year | -118.1% |
| 1990 | 7.43 % change on previous year | +291.2% |
| 1991 | 9.7 % change on previous year | +30.6% |
| 1992 | 8.17 % change on previous year | -15.8% |
| 1993 | 2.36 % change on previous year | -71.1% |
| 1994 | 2.43 % change on previous year | +2.9% |
| 1995 | 1.67 % change on previous year | -31.5% |
| 1996 | -2.49 % change on previous year | -249.2% |
| 1997 | 8.25 % change on previous year | -432.0% |
| 1998 | 8.58 % change on previous year | +4.0% |
| 1999 | 3.54 % change on previous year | -58.8% |
| 2000 | 5.91 % change on previous year | +67.2% |
| 2001 | 2.76 % change on previous year | -53.3% |
| 2002 | 2.26 % change on previous year | -18.3% |
| 2003 | 3.97 % change on previous year | +75.9% |
| 2004 | 8.68 % change on previous year | +118.6% |
| 2005 | 9.33 % change on previous year | +7.5% |
| 2006 | 10.43 % change on previous year | +11.8% |
| 2007 | 13.21 % change on previous year | +26.6% |
| 2008 | 9.05 % change on previous year | -31.5% |
| 2009 | 2.21 % change on previous year | -75.6% |
| 2010 | 5.7 % change on previous year | +157.5% |
| 2011 | 11.32 % change on previous year | +98.6% |
| 2012 | 7.03 % change on previous year | -37.9% |
| 2013 | 2.95 % change on previous year | -58.0% |
| 2014 | 2.39 % change on previous year | -19.0% |
| 2015 | 3.43 % change on previous year | +43.6% |
| 2016 | 3.84 % change on previous year | +12.0% |
| 2017 | 5.42 % change on previous year | +41.1% |
| 2018 | 4.66 % change on previous year | -14.1% |
| 2019 | 3.87 % change on previous year | -16.8% |
| 2020 | -10.58 % change on previous year | -373.2% |
| 2021 | 12.43 % change on previous year | -217.5% |
| 2022 | 10.52 % change on previous year | -15.4% |
| 2023 | 5.96 % change on previous year | -43.4% |
| 2024 | 4.82 % change on previous year | -19.1% |
| 2025 | 5.43 % change on previous year | +12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.33 % change on previous year | 0.207 % change on previous year | 9.04 % change on previous year | 9 |
| 1980s | 2.76 % change on previous year | -10.47 % change on previous year | 17.06 % change on previous year | 10 |
| 1990s | 4.96 % change on previous year | -2.49 % change on previous year | 9.7 % change on previous year | 10 |
| 2000s | 6.78 % change on previous year | 2.21 % change on previous year | 13.21 % change on previous year | 10 |
| 2010s | 5.06 % change on previous year | 2.39 % change on previous year | 11.32 % change on previous year | 10 |
| 2020s | 4.76 % change on previous year | -10.58 % change on previous year | 12.43 % change on previous year | 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)
- Services, value added (current US$), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7002 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 13,857 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.7002 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 13,857 current LCU per person (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6362 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 12,591 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Panama?
- Services, value added (constant 2015 us$), annual growth rate in Panama was 5.43 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Panama?
- The highest recorded value was 17.06 % change on previous year in 1980.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Panama?
- The lowest recorded value was -10.58 % change on previous year in 2020.
- How does Panama rank for services, value added (constant 2015 us$), annual growth rate?
- Panama ranks 43rd out of 195 countries with data for 2025.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Panama?
- Over the last ten years it is up 58.2%. 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 Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.