Country Listing

Panama Table of Contents

Panama

SERVICES

Figure 8. Transportation System, mid-1980s

Panama City street
Courtesy Organization of American States

Panama's services sector dwarfed agriculture and industry, and its share of GDP was growing in the late 1980s. In 1965 services accounted for about 63 percent of GDP; by 1985 that share had risen to about 73 percent. In the latter year, transportation contributed 25.3 percent of GDP, followed by financial services (14 percent), government services (13.2 percent), wholesale and retail trade (12.3 percent), and other services (8.1 percent).

Data as of December 1987