Services, Credit/Revenue in Panama

Panama: Services, Credit/Revenue was 18.27 billion in 2024. β–² Rising

Latest (2024)
18.27 billion
Change on year
up 2.8%
World rank
52nd
of 198 countries
All-time high
18.27 billion
in 2024
All-time low
3.23 billion
in 2005
Years of data
20
2005–2024

Services, Credit/Revenue in Panama, 2005–2024

5.0B10.0B15.0B20.0B2005201420242005: 3.2B2006: 4.0B2007: 5.1B2008: 5.9B2009: 6.0B2010: 6.8B2011: 8.6B2012: 10.0B2013: 10.8B2014: 11.4B2015: 11.9B2016: 12.3B2017: 13.3B2018: 13.5B2019: 13.8B2020: 8.2B2021: 10.7B2022: 15.3B2023: 17.8B2024: 18.3B

Source: International Monetary Fund.

Analysis

In 2024, services, credit/revenue in Panama stood at 18.27 billion. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 2.8% on the previous year and up 59.7% over ten years.

Over the whole period, services, credit/revenue in Panama peaked at 18.27 billion in 2024 and was at its lowest, 3.23 billion, in 2005.

That places Panama 52nd out of 198 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.84 billion 3.23 billion 5.95 billion 5
2010s 11.25 billion 6.83 billion 13.75 billion 10
2020s 14.04 billion 8.20 billion 18.27 billion 5

Countries ranked near Panama

  1. 49 Lithuania, Republic of 24.34 billion compare
  2. 50 Viet Nam 23.85 billion compare
  3. 51 New Zealand 18.92 billion compare
  4. 53 Colombia 17.91 billion compare
  5. 54 Ukraine 17.31 billion compare
  6. 55 Argentina 17.17 billion compare

See the full ranking of 207 places β†’

More financial sector data for Panama

All data for Panama β†’

Frequently asked questions

What is services, credit/revenue in Panama?
Services, credit/revenue in Panama was 18.27 billion in 2024, according to International Monetary Fund.
What is the highest services, credit/revenue recorded in Panama?
The highest recorded value was 18.27 billion in 2024.
What is the lowest services, credit/revenue recorded in Panama?
The lowest recorded value was 3.23 billion in 2005.
How does Panama rank for services, credit/revenue?
Panama ranks 52nd out of 198 countries with data for 2024.
Is services, credit/revenue rising or falling in Panama?
Over the last ten years it is up 59.7%. 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, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Services, Credit/Revenue in Panama. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://financial-sector.statizoid.com/stat/services-credit-revenue-us-dollar/panama/

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About this data

Indicator
Services, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.