IDA total vs Panama: External balance on goods and services
IDA total
-5.2%
in 2025
Panama
5.0%
in 2024
IDA total rank
37th
Panama rank
40th
External balance on goods and services over time
- IDA total
- Panama
How they compare
Panama currently reports 5.0% against -5.2% in IDA total, a difference of 10.2%.
The two have swapped places 12 times across 45 shared years of data; in 1980 it was Panama ahead.
IDA total ranks 37th and Panama ranks 40th of 44 groups.
Across the 5 decades both report, IDA total averaged higher in 1 and Panama in 4.
Head to head by decade
| Decade | IDA total | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -5.4% | -3.5% | 2.0% | Panama |
| 1990s | -3.1% | -7.1% | 4.0% | IDA total |
| 2000s | -2.9% | -2.0% | 0.9% | Panama |
| 2010s | -5.8% | -2.7% | 3.2% | Panama |
| 2020s | -6.1% | 3.5% | 9.5% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IDA total or Panama?
- Panama, at 5.0% against -5.2% in IDA total as of 2024.
- What is the difference in external balance on goods and services between IDA total and Panama?
- 10.2%, with Panama ahead.
- How many years of comparable data are there for IDA total and Panama?
- 45 years are reported by both, from 1980 to 2024.
- How do IDA total and Panama rank globally for external balance on goods and services?
- IDA total ranks 37th 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.
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 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.