Panama vs Slovakia: External balance on goods and services

Panama
3.03 billion constant LCU
in 2024
Slovakia
3.75 billion constant LCU
in 2025
Panama rank
49th
Slovakia rank
48th

External balance on goods and services over time

  • Panama
  • Slovakia
-7.5B-5.0B-2.5B02.5B5.0B199220082025

How they compare

Slovakia currently reports 3.75 billion constant LCU against 3.03 billion constant LCU in Panama, a difference of 716.28 million constant LCU.

That makes Slovakia's figure about 1.2 times Panama's.

The two have swapped places 2 times across 7 shared years of data; in 2018 it was Slovakia ahead.

Panama ranks 49th and Slovakia ranks 48th of 162 countries.

Across the 2 decades both report, Panama averaged higher in 1 and Slovakia in 1.

Head to head by decade

Decade Panama Slovakia Difference Ahead
2010s -539.14 million constant LCU 74.38 million constant LCU 613.52 million constant LCU Slovakia
2020s 2.28 billion constant LCU 1.88 billion constant LCU 399.68 million constant LCU Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Panama or Slovakia?
Slovakia, at 3.75 billion constant LCU against 3.03 billion constant LCU in Panama as of 2025.
What is the difference in external balance on goods and services between Panama and Slovakia?
716.28 million constant LCU, with Slovakia ahead.
How many years of comparable data are there for Panama and Slovakia?
7 years are reported by both, from 2018 to 2024.
How do Panama and Slovakia rank globally for external balance on goods and services?
Panama ranks 49th and Slovakia ranks 48th of 162 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Slovakia: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-constant-lcu/panama/slovak-republic/

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 3,215 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.