Services, value added (current US$), annual growth rate in Panama
Panama: Services, value added (current US$), annual growth rate was 5.57 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in Panama, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded 5.57 % change on previous year for services, value added (current us$), annual growth rate in 2025.
That represents a change of down 1.4% on the previous year and down 24.6% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Panama peaked at 25.11 % change on previous year in 1980 and was at its lowest, -12.04 % change on previous year, in 2020.
That places Panama 148th out of 204 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.35 % change on previous year | — |
| 1972 | 13.26 % change on previous year | -0.7% |
| 1973 | 12.67 % change on previous year | -4.4% |
| 1974 | 16.57 % change on previous year | +30.8% |
| 1975 | 9.37 % change on previous year | -43.4% |
| 1976 | 8.57 % change on previous year | -8.5% |
| 1977 | 7.89 % change on previous year | -8.0% |
| 1978 | 18.75 % change on previous year | +137.8% |
| 1979 | 14.98 % change on previous year | -20.1% |
| 1980 | 25.11 % change on previous year | +67.6% |
| 1981 | 14.66 % change on previous year | -41.6% |
| 1982 | 11.4 % change on previous year | -22.2% |
| 1983 | 4.32 % change on previous year | -62.1% |
| 1984 | 4.09 % change on previous year | -5.3% |
| 1985 | 1.7 % change on previous year | -58.3% |
| 1986 | 3.93 % change on previous year | +130.4% |
| 1987 | 1.6 % change on previous year | -59.3% |
| 1988 | -9.13 % change on previous year | -672.3% |
| 1989 | 0.1175 % change on previous year | -101.3% |
| 1990 | 10.29 % change on previous year | +8659.6% |
| 1991 | 7.59 % change on previous year | -26.3% |
| 1992 | 14.7 % change on previous year | +93.8% |
| 1993 | 6.42 % change on previous year | -56.3% |
| 1994 | 7.75 % change on previous year | +20.8% |
| 1995 | 1.54 % change on previous year | -80.1% |
| 1996 | 1.48 % change on previous year | -3.9% |
| 1997 | 11.39 % change on previous year | +670.0% |
| 1998 | 9.18 % change on previous year | -19.3% |
| 1999 | 4.33 % change on previous year | -52.8% |
| 2000 | 3.93 % change on previous year | -9.2% |
| 2001 | 4.48 % change on previous year | +14.0% |
| 2002 | 5.17 % change on previous year | +15.3% |
| 2003 | 4.3 % change on previous year | -16.9% |
| 2004 | 11.58 % change on previous year | +169.6% |
| 2005 | 10.81 % change on previous year | -6.7% |
| 2006 | 13.7 % change on previous year | +26.7% |
| 2007 | 16.39 % change on previous year | +19.7% |
| 2008 | 15.77 % change on previous year | -3.8% |
| 2009 | 9.78 % change on previous year | -38.0% |
| 2010 | 8.68 % change on previous year | -11.2% |
| 2011 | 17.54 % change on previous year | +102.0% |
| 2012 | 14.61 % change on previous year | -16.7% |
| 2013 | 7.93 % change on previous year | -45.7% |
| 2014 | 7.3 % change on previous year | -8.0% |
| 2015 | 7.39 % change on previous year | +1.2% |
| 2016 | 5.83 % change on previous year | -21.1% |
| 2017 | 7.11 % change on previous year | +22.0% |
| 2018 | 5.14 % change on previous year | -27.7% |
| 2019 | 3.96 % change on previous year | -22.9% |
| 2020 | -12.04 % change on previous year | -403.6% |
| 2021 | 13.38 % change on previous year | -211.2% |
| 2022 | 13.47 % change on previous year | +0.6% |
| 2023 | 8.96 % change on previous year | -33.5% |
| 2024 | 5.65 % change on previous year | -36.9% |
| 2025 | 5.57 % change on previous year | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.82 % change on previous year | 7.89 % change on previous year | 18.75 % change on previous year | 9 |
| 1980s | 5.78 % change on previous year | -9.13 % change on previous year | 25.11 % change on previous year | 10 |
| 1990s | 7.47 % change on previous year | 1.48 % change on previous year | 14.7 % change on previous year | 10 |
| 2000s | 9.59 % change on previous year | 3.93 % change on previous year | 16.39 % change on previous year | 10 |
| 2010s | 8.55 % change on previous year | 3.96 % change on previous year | 17.54 % change on previous year | 10 |
| 2020s | 5.83 % change on previous year | -12.04 % change on previous year | 13.47 % change on previous year | 6 |
Countries ranked near Panama
- 145 Marshall Islands 5.69 % change on previous year compare
- 146 Barbados 5.66 % change on previous year compare
- 147 Dominica 5.59 % change on previous year compare
- 149 Seychelles 5.57 % change on previous year compare
- 150 Canada 5.51 % change on previous year compare
- 151 Saint Kitts and Nevis 5.49 % change on previous year 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)
- 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 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 (current us$), annual growth rate in Panama?
- Services, value added (current us$), annual growth rate in Panama was 5.57 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Panama?
- The highest recorded value was 25.11 % change on previous year in 1980.
- What is the lowest services, value added (current us$), annual growth rate recorded in Panama?
- The lowest recorded value was -12.04 % change on previous year in 2020.
- How does Panama rank for services, value added (current us$), annual growth rate?
- Panama ranks 148th out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Panama?
- Over the last ten years it is down 24.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.