Transport services in Panama
Panama: Transport services was 51.6% in 2025. ▲ Rising
Transport services in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2025, transport services in Panama stood at 51.6%.
That represents a change of up 3.6% on the previous year and up 11.5% over ten years.
Over the whole period, transport services in Panama peaked at 68.3% in 1983 and was at its lowest, 5.3%, in 1977.
That places Panama 8th out of 198 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Transport services in Panama, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1977 | 5.3% | — |
| 1978 | 5.4% | +2.3% |
| 1979 | 5.6% | +2.5% |
| 1980 | 54.4% | +878.4% |
| 1981 | 58.4% | +7.5% |
| 1982 | 65.4% | +12.0% |
| 1983 | 68.3% | +4.3% |
| 1984 | 68.0% | -0.4% |
| 1985 | 65.2% | -4.1% |
| 1986 | 62.4% | -4.2% |
| 1987 | 61.4% | -1.7% |
| 1988 | 65.7% | +7.0% |
| 1989 | 65.3% | -0.6% |
| 1990 | 64.8% | -0.8% |
| 1991 | 62.8% | -3.2% |
| 1992 | 60.8% | -3.2% |
| 1993 | 60.1% | -1.0% |
| 1994 | 60.1% | -0.1% |
| 1995 | 60.3% | +0.5% |
| 1996 | 58.3% | -3.4% |
| 1997 | 59.6% | +2.2% |
| 1998 | 58.0% | -2.7% |
| 1999 | 58.7% | +1.1% |
| 2000 | 58.4% | -0.5% |
| 2001 | 57.7% | -1.2% |
| 2002 | 53.9% | -6.5% |
| 2003 | 54.2% | +0.5% |
| 2004 | 55.2% | +2.0% |
| 2005 | 56.1% | +1.6% |
| 2006 | 56.1% | -0.1% |
| 2007 | 52.1% | -7.1% |
| 2008 | 53.0% | +1.8% |
| 2009 | 53.1% | +0.1% |
| 2010 | 50.6% | -4.6% |
| 2011 | 47.7% | -5.8% |
| 2012 | 48.7% | +2.2% |
| 2013 | 48.5% | -0.3% |
| 2014 | 48.1% | -0.8% |
| 2015 | 46.3% | -3.9% |
| 2016 | 46.1% | -0.4% |
| 2017 | 48.9% | +6.1% |
| 2018 | 49.7% | +1.7% |
| 2019 | 50.9% | +2.3% |
| 2020 | 65.0% | +27.7% |
| 2021 | 62.7% | -3.6% |
| 2022 | 54.8% | -12.5% |
| 2023 | 52.8% | -3.7% |
| 2024 | 49.8% | -5.7% |
| 2025 | 51.6% | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.4% | 5.3% | 5.6% | 3 |
| 1980s | 63.5% | 54.4% | 68.3% | 10 |
| 1990s | 60.3% | 58.0% | 64.8% | 10 |
| 2000s | 55.0% | 52.1% | 58.4% | 10 |
| 2010s | 48.6% | 46.1% | 50.9% | 10 |
| 2020s | 56.1% | 49.8% | 65.0% | 6 |
Countries ranked near Panama
- 5 Mauritania 54.3% compare
- 6 Brunei Darussalam 53.2% compare
- 7 Denmark 52.2% compare
- 9 Nigeria 51.0% compare
- 10 Iran, Islamic Republic of 49.4% compare
- 11 Solomon Islands 48.8% 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 transport services in Panama?
- Transport services in Panama was 51.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Panama?
- The highest recorded value was 68.3% in 1983.
- What is the lowest transport services recorded in Panama?
- The lowest recorded value was 5.3% in 1977.
- How does Panama rank for transport services?
- Panama ranks 8th out of 198 countries with data for 2025.
- Is transport services rising or falling in Panama?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Transport services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Transport is the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.