Least developed countries vs Panama: External balance on goods and services
Least developed countries
-6.8%
in 2025
Panama
5.0%
in 2024
Least developed countries rank
39th
Panama rank
40th
External balance on goods and services over time
- Least developed countries
- Panama
How they compare
Panama currently reports 5.0% against -6.8% in Least developed countries, a difference of 11.8%.
The two have swapped places 5 times across 31 shared years of data; in 1994 it was Least developed countries ahead.
Least developed countries ranks 39th 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 | Least developed countries | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -8.1% | -4.7% | 3.4% | Panama |
| 2000s | -5.9% | -2.0% | 3.9% | Panama |
| 2010s | -8.1% | -2.7% | 5.5% | Panama |
| 2020s | -8.2% | 3.5% | 11.7% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Least developed countries or Panama?
- Panama, at 5.0% against -6.8% in Least developed countries as of 2024.
- What is the difference in external balance on goods and services between Least developed countries and Panama?
- 11.8%, with Panama ahead.
- How many years of comparable data are there for Least developed countries and Panama?
- 31 years are reported by both, from 1994 to 2024.
- How do Least developed countries and Panama rank globally for external balance on goods and services?
- Least developed countries ranks 39th 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.