Commercial service imports in Panama

Panama: Commercial service imports was 5.82 billion current US$ in 2025. ◆ Volatile

Latest (2025)
5.82 billion current US$
Change on year
down 0.5%
World rank
87th
of 198 countries
All-time high
5.95 billion current US$
in 2023
All-time low
177.80 million current US$
in 1977
Years of data
49
1977–2025

Commercial service imports in Panama, 1977–2025

02.0B4.0B6.0B197720012025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2025, commercial service imports in Panama stood at 5.82 billion current US$.

The figure is down 0.5% on the previous year and up 22.8% over ten years.

Over the whole period, commercial service imports in Panama peaked at 5.95 billion current US$ in 2023 and was at its lowest, 177.80 million current US$, in 1977.

Panama ranks 87th of 198 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 212.43 million current US$ 177.80 million current US$ 256.10 million current US$ 3
1980s 601.98 million current US$ 499.10 million current US$ 760.10 million current US$ 10
1990s 998.35 million current US$ 666.90 million current US$ 1.25 billion current US$ 10
2000s 1.65 billion current US$ 1.06 billion current US$ 2.65 billion current US$ 10
2010s 4.53 billion current US$ 2.75 billion current US$ 5.10 billion current US$ 10
2020s 5.06 billion current US$ 3.12 billion current US$ 5.95 billion current US$ 6

Countries ranked near Panama

  1. 84 Ecuador 6.13 billion current US$ compare
  2. 85 Iceland 5.95 billion current US$ compare
  3. 86 Uruguay 5.91 billion current US$ compare
  4. 88 Ethiopia 5.50 billion current US$ compare
  5. 89 Dominican Republic 5.45 billion current US$ compare
  6. 90 Kenya 5.43 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is commercial service imports in Panama?
Commercial service imports in Panama was 5.82 billion current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service imports recorded in Panama?
The highest recorded value was 5.95 billion current US$ in 2023.
What is the lowest commercial service imports recorded in Panama?
The lowest recorded value was 177.80 million current US$ in 1977.
How does Panama rank for commercial service imports?
Panama ranks 87th out of 198 countries with data for 2025.
Is commercial service imports rising or falling in Panama?
Over the last ten years it is up 22.8%. The long-run trend across the full record is volatile.
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 Commercial service imports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service imports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.