Panama - Trade in services in % of GDP

27.2 (%) in 2022

In 2022, trade in services (% of GDP) for Panama was 27.2 %. Between 2011 and 2022, trade in services (% of GDP) in Panama was decreasing on average by 0.82% each year, although before that, it grew from 28.1 % in 2003 to 37.4 % in 2011.

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What is trade in services (% of GDP)?

Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

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What is Panama trade in services (% of GDP)?