Services, value added (constant LCU), per unit of GDP in Panama
Panama: Services, value added (constant LCU), per unit of GDP was 0.6619 constant LCU per US$ of GDP in 2025. ▼ Falling
Services, value added (constant LCU), per unit of GDP in Panama, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2025, services, value added (constant lcu), per unit of gdp in Panama stood at 0.6619 constant LCU 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 lcu), per unit of gdp in Panama peaked at 3.31 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.6464 constant LCU per US$ of GDP, in 2023.
That places Panama 149th out of 197 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Services, value added (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 3.31 constant LCU per US$ of GDP | — |
| 1971 | 3.2 constant LCU per US$ of GDP | -3.3% |
| 1972 | 3.12 constant LCU per US$ of GDP | -2.7% |
| 1973 | 2.87 constant LCU per US$ of GDP | -8.0% |
| 1974 | 2.7 constant LCU per US$ of GDP | -6.0% |
| 1975 | 2.45 constant LCU per US$ of GDP | -9.1% |
| 1976 | 2.31 constant LCU per US$ of GDP | -5.7% |
| 1977 | 2.26 constant LCU per US$ of GDP | -2.0% |
| 1978 | 2.08 constant LCU per US$ of GDP | -8.1% |
| 1979 | 1.92 constant LCU per US$ of GDP | -7.6% |
| 1980 | 1.81 constant LCU per US$ of GDP | -6.0% |
| 1981 | 1.76 constant LCU per US$ of GDP | -2.5% |
| 1982 | 1.69 constant LCU per US$ of GDP | -3.9% |
| 1983 | 1.59 constant LCU per US$ of GDP | -6.1% |
| 1984 | 1.56 constant LCU per US$ of GDP | -2.1% |
| 1985 | 1.53 constant LCU per US$ of GDP | -1.7% |
| 1986 | 1.52 constant LCU per US$ of GDP | -0.9% |
| 1987 | 1.46 constant LCU per US$ of GDP | -3.5% |
| 1988 | 1.52 constant LCU per US$ of GDP | +3.6% |
| 1989 | 1.54 constant LCU per US$ of GDP | +1.6% |
| 1990 | 1.52 constant LCU per US$ of GDP | -1.2% |
| 1991 | 1.52 constant LCU per US$ of GDP | -0.2% |
| 1992 | 1.44 constant LCU per US$ of GDP | -4.8% |
| 1993 | 1.35 constant LCU per US$ of GDP | -6.3% |
| 1994 | 1.3 constant LCU per US$ of GDP | -3.9% |
| 1995 | 1.29 constant LCU per US$ of GDP | -0.5% |
| 1996 | 1.31 constant LCU per US$ of GDP | +1.5% |
| 1997 | 1.3 constant LCU per US$ of GDP | -1.0% |
| 1998 | 1.29 constant LCU per US$ of GDP | -0.9% |
| 1999 | 1.26 constant LCU per US$ of GDP | -2.2% |
| 2000 | 1.3 constant LCU per US$ of GDP | +3.2% |
| 2001 | 1.31 constant LCU per US$ of GDP | +0.4% |
| 2002 | 1.28 constant LCU per US$ of GDP | -2.1% |
| 2003 | 1.25 constant LCU per US$ of GDP | -2.2% |
| 2004 | 1.22 constant LCU per US$ of GDP | -2.1% |
| 2005 | 1.22 constant LCU per US$ of GDP | -0.7% |
| 2006 | 1.2 constant LCU per US$ of GDP | -1.6% |
| 2007 | 1.16 constant LCU per US$ of GDP | -2.7% |
| 2008 | 1.07 constant LCU per US$ of GDP | -7.9% |
| 2009 | 1.01 constant LCU per US$ of GDP | -5.4% |
| 2010 | 0.9846 constant LCU per US$ of GDP | -2.8% |
| 2011 | 0.9284 constant LCU per US$ of GDP | -5.7% |
| 2012 | 0.8526 constant LCU per US$ of GDP | -8.2% |
| 2013 | 0.7777 constant LCU per US$ of GDP | -8.8% |
| 2014 | 0.7269 constant LCU per US$ of GDP | -6.5% |
| 2015 | 0.6934 constant LCU per US$ of GDP | -4.6% |
| 2016 | 0.6719 constant LCU per US$ of GDP | -3.1% |
| 2017 | 0.6581 constant LCU per US$ of GDP | -2.1% |
| 2018 | 0.6581 constant LCU per US$ of GDP | +0.0% |
| 2019 | 0.6595 constant LCU per US$ of GDP | +0.2% |
| 2020 | 0.7211 constant LCU per US$ of GDP | +9.3% |
| 2021 | 0.6864 constant LCU per US$ of GDP | -4.8% |
| 2022 | 0.6686 constant LCU per US$ of GDP | -2.6% |
| 2023 | 0.6464 constant LCU per US$ of GDP | -3.3% |
| 2024 | 0.6563 constant LCU per US$ of GDP | +1.5% |
| 2025 | 0.6619 constant LCU per US$ of GDP | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.62 constant LCU per US$ of GDP | 1.92 constant LCU per US$ of GDP | 3.31 constant LCU per US$ of GDP | 10 |
| 1980s | 1.6 constant LCU per US$ of GDP | 1.46 constant LCU per US$ of GDP | 1.81 constant LCU per US$ of GDP | 10 |
| 1990s | 1.36 constant LCU per US$ of GDP | 1.26 constant LCU per US$ of GDP | 1.52 constant LCU per US$ of GDP | 10 |
| 2000s | 1.2 constant LCU per US$ of GDP | 1.01 constant LCU per US$ of GDP | 1.31 constant LCU per US$ of GDP | 10 |
| 2010s | 0.7611 constant LCU per US$ of GDP | 0.6581 constant LCU per US$ of GDP | 0.9846 constant LCU per US$ of GDP | 10 |
| 2020s | 0.6735 constant LCU per US$ of GDP | 0.6464 constant LCU per US$ of GDP | 0.7211 constant LCU per US$ of GDP | 6 |
Countries ranked near Panama
- 146 Romania 0.6819 constant LCU per US$ of GDP compare
- 147 Singapore 0.6775 constant LCU per US$ of GDP compare
- 148 Bahamas 0.6717 constant LCU per US$ of GDP compare
- 150 Palau 0.6334 constant LCU per US$ of GDP compare
- 151 Timor-Leste 0.6289 constant LCU per US$ of GDP compare
- 152 Cayman Islands 0.5882 constant LCU 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)
- Gross capital formation (current US$), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3353 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 6,426 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3353 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 6,426 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -7.13 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2986 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (constant lcu), per unit of gdp in Panama?
- Services, value added (constant lcu), per unit of gdp in Panama was 0.6619 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 3.31 constant LCU per US$ of GDP in 1970.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.6464 constant LCU per US$ of GDP in 2023.
- How does Panama rank for services, value added (constant lcu), per unit of gdp?
- Panama ranks 149th out of 197 countries with data for 2025.
- Is services, value added (constant lcu), 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.