Iceland vs Panama: Commercial service imports
Commercial service imports over time
- Iceland
- Panama
How they compare
Iceland currently reports 5.95 billion current US$ against 5.82 billion current US$ in Panama, a difference of 128.87 million current US$.
The two have swapped places 5 times across 49 shared years of data; in 1977 it was Panama ahead.
Iceland ranks 85th and Panama ranks 87th of 199 countries.
Across the 6 decades both report, Iceland averaged higher in 1 and Panama in 5.
Head to head by decade
| Decade | Iceland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 193.33 million current US$ | 212.43 million current US$ | 19.10 million current US$ | Panama |
| 1980s | 356.88 million current US$ | 601.98 million current US$ | 245.10 million current US$ | Panama |
| 1990s | 690.79 million current US$ | 998.35 million current US$ | 307.56 million current US$ | Panama |
| 2000s | 1.85 billion current US$ | 1.65 billion current US$ | 201.46 million current US$ | Iceland |
| 2010s | 3.05 billion current US$ | 4.53 billion current US$ | 1.48 billion current US$ | Panama |
| 2020s | 4.27 billion current US$ | 5.06 billion current US$ | 785.67 million current US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher commercial service imports, Iceland or Panama?
- Iceland, at 5.95 billion current US$ against 5.82 billion current US$ in Panama as of 2025.
- What is the difference in commercial service imports between Iceland and Panama?
- 128.87 million current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Panama?
- 49 years are reported by both, from 1977 to 2025.
- How do Iceland and Panama rank globally for commercial service imports?
- Iceland ranks 85th and Panama ranks 87th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Commercial service imports (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.