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Panama Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

67.77% −1.58% (-2.3%)
Year 2025 Rank #40 Global Peak 73.96% (2007) Source World Bank

Panama Services Value Added (1970–2025)

Overview

Panama's services value added stood at 67.77% in 2025, a decline of +1.58% from 2024. Based on recent trends, this figure is projected to reach 67.77% by 2025. Panama ranked 40th globally.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 67.02% - -
2026* trend 67.39% - -
2025* trend 67.77% - -
2025 67.77% −1.58% #40
2024 69.34% +1.59% #150
2023 67.76% −0.39% #156
2022 68.15% −0.01% #160
2021 68.16% −2.85% #162
2020 71.00% +5.00% #173
2019 66.01% +0.19% #152
2018 65.81% +0.31% #153
2017 65.50% −0.32% #153
2016 65.83% −0.83% #153
2015 66.65% −0.65% #155
2014 67.31% −1.40% #160
2013 68.71% −3.15% #165
2012 71.86% −1.22% #177
2011 73.08% −0.32% #177
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 2.9% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's services value added?

Panama's services value added was 67.77% in 2025. Ranked 40th globally. This represents a 2.3% decrease from the previous year.

What was the highest services value added in Panama?

Panama's services value added peaked at 73.96% in 2007.

What was the lowest services value added in Panama?

The lowest services value added in Panama was 59.79% in 1970.

How does Panama rank in services value added?

Panama ranks 40th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Panama in 2025?

Panama's services value added is projected to reach 67.77% by 2025 based on trend extrapolation.

What is the services value added of Panama in 2025?

The services value added of Panama in 2025 was 67.77%. This ranks 40th in the world.

Cite this page

APA
Panama Services Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/panama/services-value-added
BibTeX
@misc{historysaid_panama_services-value-added, title = {Panama Services Value Added}, url = {https://historysaid.com/panama/services-value-added}, publisher = {HistorySaid}, year = {2026} }