Services, value added (constant 2015 US$), per unit of GDP (unit GDP) in Panama
Panama: Services, value added (constant 2015 US$), per unit of GDP (unit GDP) was 0.6362 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Latest (2025)
0.6362 constant 2015 US$ per US$ of GDP
Change on year
up 0.8%
World rank
23rd
of 195 countries
All-time high
3.19 constant 2015 US$ per US$ of GDP
in 1970
All-time low
0.6214 constant 2015 US$ per US$ of GDP
in 2023
Years of data
56
1970–2025
Services, value added (constant 2015 US$), per unit of GDP in Panama, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, services, value added (constant 2015 us$), per unit of gdp in Panama stood at 0.6362 constant 2015 US$ per US$ of GDP.
That represents a change of up 0.8% on the previous year and down 4.5% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Panama peaked at 3.19 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.6214 constant 2015 US$ per US$ of GDP, in 2023.
That places Panama 23rd out of 195 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Services, value added (constant 2015 US$), per unit of GDP (unit GDP) in Panama, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 3.19 constant 2015 US$ per US$ of GDP | — |
| 1971 | 3.08 constant 2015 US$ per US$ of GDP | -3.3% |
| 1972 | 3 constant 2015 US$ per US$ of GDP | -2.7% |
| 1973 | 2.76 constant 2015 US$ per US$ of GDP | -8.0% |
| 1974 | 2.59 constant 2015 US$ per US$ of GDP | -6.0% |
| 1975 | 2.36 constant 2015 US$ per US$ of GDP | -9.1% |
| 1976 | 2.22 constant 2015 US$ per US$ of GDP | -5.7% |
| 1977 | 2.18 constant 2015 US$ per US$ of GDP | -2.0% |
| 1978 | 2 constant 2015 US$ per US$ of GDP | -8.1% |
| 1979 | 1.85 constant 2015 US$ per US$ of GDP | -7.6% |
| 1980 | 1.74 constant 2015 US$ per US$ of GDP | -6.0% |
| 1981 | 1.69 constant 2015 US$ per US$ of GDP | -2.5% |
| 1982 | 1.63 constant 2015 US$ per US$ of GDP | -3.9% |
| 1983 | 1.53 constant 2015 US$ per US$ of GDP | -6.1% |
| 1984 | 1.5 constant 2015 US$ per US$ of GDP | -2.1% |
| 1985 | 1.47 constant 2015 US$ per US$ of GDP | -1.7% |
| 1986 | 1.46 constant 2015 US$ per US$ of GDP | -0.9% |
| 1987 | 1.41 constant 2015 US$ per US$ of GDP | -3.5% |
| 1988 | 1.46 constant 2015 US$ per US$ of GDP | +3.6% |
| 1989 | 1.48 constant 2015 US$ per US$ of GDP | +1.6% |
| 1990 | 1.46 constant 2015 US$ per US$ of GDP | -1.2% |
| 1991 | 1.46 constant 2015 US$ per US$ of GDP | -0.2% |
| 1992 | 1.39 constant 2015 US$ per US$ of GDP | -4.8% |
| 1993 | 1.3 constant 2015 US$ per US$ of GDP | -6.3% |
| 1994 | 1.25 constant 2015 US$ per US$ of GDP | -3.9% |
| 1995 | 1.24 constant 2015 US$ per US$ of GDP | -0.5% |
| 1996 | 1.26 constant 2015 US$ per US$ of GDP | +1.5% |
| 1997 | 1.25 constant 2015 US$ per US$ of GDP | -1.0% |
| 1998 | 1.24 constant 2015 US$ per US$ of GDP | -0.9% |
| 1999 | 1.21 constant 2015 US$ per US$ of GDP | -2.2% |
| 2000 | 1.25 constant 2015 US$ per US$ of GDP | +3.2% |
| 2001 | 1.26 constant 2015 US$ per US$ of GDP | +0.4% |
| 2002 | 1.23 constant 2015 US$ per US$ of GDP | -2.1% |
| 2003 | 1.2 constant 2015 US$ per US$ of GDP | -2.2% |
| 2004 | 1.18 constant 2015 US$ per US$ of GDP | -2.1% |
| 2005 | 1.17 constant 2015 US$ per US$ of GDP | -0.7% |
| 2006 | 1.15 constant 2015 US$ per US$ of GDP | -1.6% |
| 2007 | 1.12 constant 2015 US$ per US$ of GDP | -2.7% |
| 2008 | 1.03 constant 2015 US$ per US$ of GDP | -7.9% |
| 2009 | 0.9741 constant 2015 US$ per US$ of GDP | -5.4% |
| 2010 | 0.9465 constant 2015 US$ per US$ of GDP | -2.8% |
| 2011 | 0.8925 constant 2015 US$ per US$ of GDP | -5.7% |
| 2012 | 0.8196 constant 2015 US$ per US$ of GDP | -8.2% |
| 2013 | 0.7476 constant 2015 US$ per US$ of GDP | -8.8% |
| 2014 | 0.6988 constant 2015 US$ per US$ of GDP | -6.5% |
| 2015 | 0.6665 constant 2015 US$ per US$ of GDP | -4.6% |
| 2016 | 0.6459 constant 2015 US$ per US$ of GDP | -3.1% |
| 2017 | 0.6326 constant 2015 US$ per US$ of GDP | -2.1% |
| 2018 | 0.6326 constant 2015 US$ per US$ of GDP | +0.0% |
| 2019 | 0.634 constant 2015 US$ per US$ of GDP | +0.2% |
| 2020 | 0.6932 constant 2015 US$ per US$ of GDP | +9.3% |
| 2021 | 0.6599 constant 2015 US$ per US$ of GDP | -4.8% |
| 2022 | 0.6427 constant 2015 US$ per US$ of GDP | -2.6% |
| 2023 | 0.6214 constant 2015 US$ per US$ of GDP | -3.3% |
| 2024 | 0.6309 constant 2015 US$ per US$ of GDP | +1.5% |
| 2025 | 0.6362 constant 2015 US$ per US$ of GDP | +0.8% |
Panama compared with similar countries
- Panama's 0.6362 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.529 constant 2015 US$ per US$ of GDP, 1.2× the median. (69 countries reporting)
- Panama's 0.6362 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.5212 constant 2015 US$ per US$ of GDP, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.52 constant 2015 US$ per US$ of GDP | 1.85 constant 2015 US$ per US$ of GDP | 3.19 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 1.54 constant 2015 US$ per US$ of GDP | 1.41 constant 2015 US$ per US$ of GDP | 1.74 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.31 constant 2015 US$ per US$ of GDP | 1.21 constant 2015 US$ per US$ of GDP | 1.46 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.16 constant 2015 US$ per US$ of GDP | 0.9741 constant 2015 US$ per US$ of GDP | 1.26 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.7317 constant 2015 US$ per US$ of GDP | 0.6326 constant 2015 US$ per US$ of GDP | 0.9465 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.6474 constant 2015 US$ per US$ of GDP | 0.6214 constant 2015 US$ per US$ of GDP | 0.6932 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Panama
- 20 Suriname 0.6423 constant 2015 US$ per US$ of GDP compare
- 21 Mauritius 0.638 constant 2015 US$ per US$ of GDP compare
- 22 Samoa 0.6366 constant 2015 US$ per US$ of GDP compare
- 24 Sierra Leone 0.6353 constant 2015 US$ per US$ of GDP compare
- 25 Turkmenistan 0.6309 constant 2015 US$ per US$ of GDP compare
- 26 Palau 0.6306 constant 2015 US$ per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), per unit of gdp in Panama?
- Services, value added (constant 2015 us$), per unit of gdp in Panama was 0.6362 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Panama?
- The highest recorded value was 3.19 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.6214 constant 2015 US$ per US$ of GDP in 2023.
- How does Panama rank for services, value added (constant 2015 us$), per unit of gdp?
- Panama ranks 23rd out of 195 countries with data for 2025.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.