Panama - Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP
Since 2014, Panama Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP was down by 0.1points year on year. In 2019, the country was number 13 comparing other countries in Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP at 24.88 Percent. Panama is overtaken by Zambia, which was number 12 with 25.6 Percent and is followed by Belize with 24.79 Percent. Turks and Caicos Islands topped the ranking with 47.71 Percent in 2019, that is an increase of 1.3points compared to 2018. Cook Islands, Palau and Samoa respectively ranked number 2, 3 and 4 in this ranking. Republic of the Congo witnessed the best average annual growth at +11.2points per year, while Ireland recorded the worst performance at -6.2points per year.
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| Date | Percent |
|---|---|
| 2019 | 24.88 |
| 2018 | 24.69 |
| 2017 | 24.50 |
| 2016 | 23.90 |
| 2015 | 24.47 |
How does Panama rank in Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP?
| # | 206 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Turks and Caicos Islands
|
47.71 % | 2019 | +1.3 % | +1.8 % | View data | |
| 2 |
#2
Cook Islands
|
39.75 % | 2019 | +0.5 % | +0.2 % | View data | |
| 12 |
#12
Zambia
|
25.60 % | 2019 | +0.9 % | +0.4 % | View data | |
| 13 |
#13
Panama
|
24.88 % | 2019 | +0.8 % | -0.1 % | View data | |
| 14 |
#14
Belize
|
24.79 % | 2019 | +1.1 % | +1.8 % | View data | |