Cyprus vs Panama: External balance on goods and services (current US$), annual growth

Cyprus
70.19 % change on previous year
in 2025
Panama
78.89 % change on previous year
in 2024
Cyprus rank
16th
Panama rank
15th

External balance on goods and services (current US$), annual growth over time

  • Cyprus
  • Panama
-500-2500250500196119932025

How they compare

Panama currently reports 78.89 % change on previous year against 70.19 % change on previous year in Cyprus, a difference of 8.7 % change on previous year.

That makes Panama's figure about 1.1 times Cyprus's.

The two have swapped places 22 times across 48 shared years of data; in 1976 it was Cyprus ahead.

Cyprus ranks 16th and Panama ranks 15th of 192 countries.

Across the 6 decades both report, Cyprus averaged higher in 4 and Panama in 2.

Head to head by decade

Decade Cyprus Panama Difference Ahead
1970s -32.08 % change on previous year -27.66 % change on previous year 4.42 % change on previous year Panama
1980s -14.14 % change on previous year -42.99 % change on previous year 28.85 % change on previous year Cyprus
1990s -5.36 % change on previous year -14.45 % change on previous year 9.09 % change on previous year Cyprus
2000s -113.55 % change on previous year -34.86 % change on previous year 78.69 % change on previous year Panama
2010s 71.98 % change on previous year -25.01 % change on previous year 97 % change on previous year Cyprus
2020s 134.84 % change on previous year 23.09 % change on previous year 111.75 % change on previous year Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services (current us$), annual growth, Cyprus or Panama?
Panama, at 78.89 % change on previous year against 70.19 % change on previous year in Cyprus as of 2024.
What is the difference in external balance on goods and services (current us$), annual growth between Cyprus and Panama?
8.7 % change on previous year, with Panama ahead.
How many years of comparable data are there for Cyprus and Panama?
48 years are reported by both, from 1976 to 2024.
How do Cyprus and Panama rank globally for external balance on goods and services (current us$), annual growth?
Cyprus ranks 16th and Panama ranks 15th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Panama: External balance on goods and services (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us-annual-growth-rate/cyprus/panama/

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About this data

Indicator
External balance on goods and services (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,628 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.