Ecuador vs Panama: External balance on goods and services
External balance on goods and services over time
- Ecuador
- Panama
How they compare
Ecuador currently reports 4.59 billion current LCU against 4.36 billion current LCU in Panama, a difference of 225.32 million current LCU.
That makes Ecuador's figure about 1.1 times Panama's.
The two have swapped places 20 times across 65 shared years of data; in 1960 it was Ecuador ahead.
Ecuador ranks 57th and Panama ranks 58th of 192 countries.
Across the 7 decades both report, Ecuador averaged higher in 4 and Panama in 3.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -36.46 million current LCU | -31.82 million current LCU | 4.64 million current LCU | Panama |
| 1970s | -119.08 million current LCU | -229.34 million current LCU | 110.26 million current LCU | Ecuador |
| 1980s | -243.99 million current LCU | -198.12 million current LCU | 45.87 million current LCU | Panama |
| 1990s | -289.41 million current LCU | -608.55 million current LCU | 319.14 million current LCU | Ecuador |
| 2000s | 1.31 billion current LCU | -396.50 million current LCU | 1.70 billion current LCU | Ecuador |
| 2010s | 273.23 million current LCU | -1.21 billion current LCU | 1.48 billion current LCU | Ecuador |
| 2020s | 1.59 billion current LCU | 2.61 billion current LCU | 1.02 billion current LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Ecuador or Panama?
- Ecuador, at 4.59 billion current LCU against 4.36 billion current LCU in Panama as of 2025.
- What is the difference in external balance on goods and services between Ecuador and Panama?
- 225.32 million current LCU, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 65 years are reported by both, from 1960 to 2024.
- How do Ecuador and Panama rank globally for external balance on goods and services?
- Ecuador ranks 57th and Panama ranks 58th of 192 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 (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.