Services, Debit/Expenditure in Panama
Panama: Services, Debit/Expenditure was 5.75 billion in 2024. β² Rising
Services, Debit/Expenditure in Panama, 2005β2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Panama is 5.75 billion, measured in 2024.
That represents a change of down 2.7% on the previous year and up 16.3% over ten years.
Over the whole period, services, debit/expenditure in Panama peaked at 5.91 billion in 2023 and was at its lowest, 1.73 billion, in 2006.
Panama ranks 89th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.14 billion | 1.73 billion | 2.72 billion | 5 |
| 2010s | 4.62 billion | 2.83 billion | 5.21 billion | 10 |
| 2020s | 4.89 billion | 3.18 billion | 5.91 billion | 5 |
Countries ranked near Panama
- 86 Congo, Democratic Republic of the 6.14 billion compare
- 87 Macao Special Administrative Region, People's Republic of China 5.96 billion compare
- 88 Latvia 5.86 billion compare
- 90 Kenya 5.64 billion compare
- 91 Ethiopia, The Federal Democratic Republic of 5.51 billion compare
- 92 Iceland 5.16 billion compare
More trade data for Panama
- Total current account debit/expenditure, Debit/Expenditure 40.84 billion (2024)
- Goods, Debit/Expenditure 25.14 billion (2024)
- Primary income, Debit/Expenditure 8.90 billion (2024)
- Secondary income, Debit/Expenditure 1.06 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 0 (2024)
- Milking, dairy machinery (trade) β Import Value 828 1000 USD (2008)
- Ploughs (e.g. reversible and non-reversible ploughs) β Import Value 202.95 1000 USD (2009)
- Pedestrian controlled tractors (single axle tractors) β Import Value 68 1000 USD (2008)
- Manure spreaders and Fertiliser distributors β Import Value 126 1000 USD (2008)
- Lead time to export, median case 3 days (2018)
Frequently asked questions
- What is services, debit/expenditure in Panama?
- Services, debit/expenditure in Panama was 5.75 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Panama?
- The highest recorded value was 5.91 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Panama?
- The lowest recorded value was 1.73 billion in 2006.
- How does Panama rank for services, debit/expenditure?
- Panama ranks 89th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Panama?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.