Commercial service exports (current US$), annual growth rate in Panama
Panama: Commercial service exports (current US$), annual growth rate was 9.91 % change on previous year in 2025. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Panama, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, commercial service exports (current us$), annual growth rate in Panama stood at 9.91 % change on previous year.
The figure is up 182.7% on the previous year and up 165.6% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Panama peaked at 49.92 % change on previous year in 1980 and was at its lowest, -40.31 % change on previous year, in 2020.
Panama ranks 89th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 10.23 % change on previous year | — |
| 1979 | 23.16 % change on previous year | +126.3% |
| 1980 | 49.92 % change on previous year | +115.5% |
| 1981 | 1.78 % change on previous year | -96.4% |
| 1982 | 6.77 % change on previous year | +279.6% |
| 1983 | 15.25 % change on previous year | +125.3% |
| 1984 | -6.54 % change on previous year | -142.9% |
| 1985 | 10.54 % change on previous year | -261.1% |
| 1986 | -1.43 % change on previous year | -113.5% |
| 1987 | -0.0402 % change on previous year | -97.2% |
| 1988 | -9 % change on previous year | +22284.0% |
| 1989 | -8.38 % change on previous year | -6.9% |
| 1990 | 9.52 % change on previous year | -213.6% |
| 1991 | 12.47 % change on previous year | +31.0% |
| 1992 | 0.872 % change on previous year | -93.0% |
| 1993 | 4.05 % change on previous year | +364.5% |
| 1994 | 9.49 % change on previous year | +134.4% |
| 1995 | 10.73 % change on previous year | +13.1% |
| 1996 | 7.13 % change on previous year | -33.6% |
| 1997 | 9.58 % change on previous year | +34.4% |
| 1998 | 15.84 % change on previous year | +65.3% |
| 1999 | -0.6228 % change on previous year | -103.9% |
| 2000 | 12.56 % change on previous year | -2116.2% |
| 2001 | -0.5973 % change on previous year | -104.8% |
| 2002 | 14.39 % change on previous year | -2509.3% |
| 2003 | 11.65 % change on previous year | -19.0% |
| 2004 | 10.14 % change on previous year | -13.0% |
| 2005 | 15.68 % change on previous year | +54.7% |
| 2006 | 23.91 % change on previous year | +52.5% |
| 2007 | 27.27 % change on previous year | +14.0% |
| 2008 | 16.66 % change on previous year | -38.9% |
| 2009 | 0.6158 % change on previous year | -96.3% |
| 2010 | 14.47 % change on previous year | +2249.9% |
| 2011 | 26.37 % change on previous year | +82.2% |
| 2012 | 15.31 % change on previous year | -41.9% |
| 2013 | 8.2 % change on previous year | -46.4% |
| 2014 | 6.19 % change on previous year | -24.5% |
| 2015 | 3.73 % change on previous year | -39.7% |
| 2016 | 3.44 % change on previous year | -7.9% |
| 2017 | 8.62 % change on previous year | +150.7% |
| 2018 | 1.66 % change on previous year | -80.8% |
| 2019 | 1.56 % change on previous year | -5.8% |
| 2020 | -40.31 % change on previous year | -2683.8% |
| 2021 | 30.3 % change on previous year | -175.2% |
| 2022 | 42.11 % change on previous year | +39.0% |
| 2023 | 16.97 % change on previous year | -59.7% |
| 2024 | 3.5 % change on previous year | -79.3% |
| 2025 | 9.91 % change on previous year | +182.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.7 % change on previous year | 10.23 % change on previous year | 23.16 % change on previous year | 2 |
| 1980s | 5.89 % change on previous year | -9 % change on previous year | 49.92 % change on previous year | 10 |
| 1990s | 7.91 % change on previous year | -0.6228 % change on previous year | 15.84 % change on previous year | 10 |
| 2000s | 13.23 % change on previous year | -0.5973 % change on previous year | 27.27 % change on previous year | 10 |
| 2010s | 8.95 % change on previous year | 1.56 % change on previous year | 26.37 % change on previous year | 10 |
| 2020s | 10.41 % change on previous year | -40.31 % change on previous year | 42.11 % change on previous year | 6 |
Countries ranked near Panama
- 86 Serbia 10.1 % change on previous year compare
- 87 India 9.98 % change on previous year compare
- 88 Czechia 9.96 % change on previous year compare
- 90 Algeria 9.83 % change on previous year compare
- 91 Tanzania, United Republic of 9.81 % change on previous year compare
- 92 Bahrain 9.62 % change on previous year compare
More private sector data for Panama
- Merchandise trade 41.6% (2025)
- Food imports 18.7% (2024)
- Manufactures imports 60.2% (2024)
- Merchandise imports 25.76 billion current US$ (2025)
- Food exports 73.6% (2024)
- Manufactures exports 10.9% (2024)
- Merchandise exports 11.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,604 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -9.7 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Panama?
- Commercial service exports (current us$), annual growth rate in Panama was 9.91 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Panama?
- The highest recorded value was 49.92 % change on previous year in 1980.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Panama?
- The lowest recorded value was -40.31 % change on previous year in 2020.
- How does Panama rank for commercial service exports (current us$), annual growth rate?
- Panama ranks 89th out of 198 countries with data for 2025.
- Is commercial service exports (current us$), annual growth rate rising or falling in Panama?
- Over the last ten years it is up 165.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 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 Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.