Share of global services exports in Panama
Panama: Share of global services exports was 0.21 in 2022. ▲ Rising
Latest (2022)
0.21
Change on year
up 23.5%
World rank
50th
of 200 countries
All-time high
0.24
in 2015
All-time low
0.12
in 2004
Years of data
23
2000–2022
Share of global services exports in Panama, 2000–2022
Source: Our World in Data.
Analysis
In 2022, share of global services exports in Panama stood at 0.21.
That represents a change of up 23.5% on the previous year and down 4.5% over ten years.
Over the whole period, share of global services exports in Panama peaked at 0.24 in 2015 and was at its lowest, 0.12, in 2004.
Panama ranks 50th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Share of global services exports in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.13 | — |
| 2001 | 0.13 | +0.0% |
| 2002 | 0.14 | +7.7% |
| 2003 | 0.13 | -7.1% |
| 2004 | 0.12 | -7.7% |
| 2005 | 0.12 | +0.0% |
| 2006 | 0.13 | +8.3% |
| 2007 | 0.14 | +7.7% |
| 2008 | 0.14 | +0.0% |
| 2009 | 0.16 | +14.3% |
| 2010 | 0.17 | +6.3% |
| 2011 | 0.19 | +11.8% |
| 2012 | 0.22 | +15.8% |
| 2013 | 0.22 | +0.0% |
| 2014 | 0.22 | +0.0% |
| 2015 | 0.24 | +9.1% |
| 2016 | 0.24 | +0.0% |
| 2017 | 0.24 | +0.0% |
| 2018 | 0.22 | -8.3% |
| 2019 | 0.22 | +0.0% |
| 2020 | 0.16 | -27.3% |
| 2021 | 0.17 | +6.3% |
| 2022 | 0.21 | +23.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.134 | 0.12 | 0.16 | 10 |
| 2010s | 0.218 | 0.17 | 0.24 | 10 |
| 2020s | 0.18 | 0.16 | 0.21 | 3 |
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)
- GNI, Atlas method (current US$), annual growth rate 7.89 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9669 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 19,135 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.12 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9515 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 18,830 current US$ per person (2025)
- GNI (current LCU), annual growth rate 5.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.9515 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is share of global services exports in Panama?
- Share of global services exports in Panama was 0.21 in 2022, according to Our World in Data.
- What is the highest share of global services exports recorded in Panama?
- The highest recorded value was 0.24 in 2015.
- What is the lowest share of global services exports recorded in Panama?
- The lowest recorded value was 0.12 in 2004.
- How does Panama rank for share of global services exports?
- Panama ranks 50th out of 200 countries with data for 2022.
- Is share of global services exports rising or falling in Panama?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Share of global services exports. Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Our World in Data).