Oman vs Panama: External balance on goods and services
External balance on goods and services over time
- Oman
- Panama
How they compare
Oman currently reports 7.12 billion current LCU against 4.36 billion current LCU in Panama, a difference of 2.76 billion current LCU.
That makes Oman's figure about 1.6 times Panama's.
The two have swapped places 2 times across 57 shared years of data; in 1967 it was Oman ahead.
Oman ranks 55th and Panama ranks 58th of 192 countries.
Oman has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Oman | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.90 million current LCU | -14.78 million current LCU | 51.68 million current LCU | Oman |
| 1970s | 104.58 million current LCU | -229.34 million current LCU | 333.92 million current LCU | Oman |
| 1980s | 407.02 million current LCU | -186.73 million current LCU | 593.75 million current LCU | Oman |
| 1990s | 713.00 million current LCU | -608.55 million current LCU | 1.32 billion current LCU | Oman |
| 2000s | 2.54 billion current LCU | -396.50 million current LCU | 2.94 billion current LCU | Oman |
| 2010s | 4.52 billion current LCU | -1.21 billion current LCU | 5.73 billion current LCU | Oman |
| 2020s | 5.39 billion current LCU | 2.61 billion current LCU | 2.79 billion current LCU | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Oman or Panama?
- Oman, at 7.12 billion current LCU against 4.36 billion current LCU in Panama as of 2024.
- What is the difference in external balance on goods and services between Oman and Panama?
- 2.76 billion current LCU, with Oman ahead.
- How many years of comparable data are there for Oman and Panama?
- 57 years are reported by both, from 1967 to 2024.
- How do Oman and Panama rank globally for external balance on goods and services?
- Oman ranks 55th 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.
Individual pages
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.