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.

Services, value added (constant 2015 US$), per unit of GDP in Panama

Name: Services, value added (constant 2015 US$), per unit of GDP in Panama
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Panama: Services, value added (constant 2015 US$), per unit of GDP was 0.6362 constant 2015 US$ 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

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 in Panama, year by year

Annual values for Services, value added (constant 2015 US$), per unit of GDP in Panama, 1970 to 2025.
Year	constant 2015 US$ 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%

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

See the full ranking of 238 places →

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$), annual growth rate 5.43 % change on previous year (2025)
Services, value added (constant 2015 US$), per capita 12,591 constant 2015 US$ per person (2025)

All data for Panama →

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.

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Services, value added (constant 2015 US$), per unit of GDP in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/panama/

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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

Indicator: Services, value added (constant 2015 US$), per unit of GDP
Unit: constant 2015 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 238 places, 9,768 data points, 1960–2025
Last refreshed: 31 August 2026

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.