Azerbaijan vs Panama: External balance on goods and services
External balance on goods and services over time
- Azerbaijan
- Panama
How they compare
Azerbaijan currently reports 4.72 billion current US$ against 4.36 billion current US$ in Panama, a difference of 356.95 million current US$.
That makes Azerbaijan's figure about 1.1 times Panama's.
The two have swapped places 6 times across 35 shared years of data; in 1990 it was Azerbaijan ahead.
Azerbaijan ranks 46th and Panama ranks 48th of 192 countries.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -406.43 million current US$ | -608.55 million current US$ | 202.12 million current US$ | Azerbaijan |
| 2000s | 4.96 billion current US$ | -396.50 million current US$ | 5.36 billion current US$ | Azerbaijan |
| 2010s | 10.68 billion current US$ | -1.21 billion current US$ | 11.88 billion current US$ | Azerbaijan |
| 2020s | 10.41 billion current US$ | 2.61 billion current US$ | 7.81 billion current US$ | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Azerbaijan or Panama?
- Azerbaijan, at 4.72 billion current US$ against 4.36 billion current US$ in Panama as of 2025.
- What is the difference in external balance on goods and services between Azerbaijan and Panama?
- 356.95 million current US$, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Panama?
- 35 years are reported by both, from 1990 to 2024.
- How do Azerbaijan and Panama rank globally for external balance on goods and services?
- Azerbaijan ranks 46th and Panama ranks 48th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). 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 indicator is expressed in United States dollars.