Which has higher external balance on goods and services, IDA only or Panama?

Panama, at 5.0% against -8.4% in IDA only as of 2024.

How many years of comparable data are there for IDA only and Panama?

35 years are reported by both, from 1990 to 2024.

Where does this data come from?

Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

IDA only vs Panama: External balance on goods and services

IDA only

-8.4%

in 2025

Panama

5.0%

in 2024

IDA only rank

40th

Panama rank

40th

External balance on goods and services over time

IDA only
Panama

How they compare

Panama currently reports 5.0% against -8.4% in IDA only, a difference of 13.4%.

The two have swapped places 4 times across 35 shared years of data; in 1990 it was Panama ahead.

IDA only ranks 40th and Panama ranks 40th of 44 groups.

Panama has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	IDA only	Panama	Difference	Ahead
1990s	-9.1%	-7.1%	2.1%	Panama
2000s	-8.0%	-2.0%	6.0%	Panama
2010s	-10.9%	-2.7%	8.2%	Panama
2020s	-9.9%	3.5%	13.4%	Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, IDA only or Panama?: Panama, at 5.0% against -8.4% in IDA only as of 2024.
What is the difference in external balance on goods and services between IDA only and Panama?: 13.4%, with Panama ahead.
How many years of comparable data are there for IDA only and Panama?: 35 years are reported by both, from 1990 to 2024.
How do IDA only and Panama rank globally for external balance on goods and services?: IDA only ranks 40th and Panama ranks 40th of 44 groups.
Where does this data come from?: Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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IDA only vs Panama: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/ida-only/panama/

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About this data

Indicator: External balance on goods and services (% of GDP)
Unit: % of GDP
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 237 places, 11,345 data points, 1960–2025
Last refreshed: 03 September 2026

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.