Middle East, North Africa, Afghanistan & Pakistan (excluding high income) vs Panama: External balance on goods and services
External balance on goods and services over time
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- Panama
How they compare
Panama currently reports 5.0% against -9.7% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 14.7%.
The two have swapped places 11 times across 65 shared years of data; in 1960 it was Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ahead.
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 42nd and Panama ranks 40th of 44 groups.
Across the 7 decades both report, Middle East, North Africa, Afghanistan & Pakistan (excluding high income) averaged higher in 4 and Panama in 3.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -2.9% | -4.3% | 1.4% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 1970s | 0.8% | -9.3% | 10.1% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 1980s | -8.0% | -3.5% | 4.5% | Panama |
| 1990s | -4.5% | -7.1% | 2.6% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 2000s | 1.2% | -2.0% | 3.2% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 2010s | -4.3% | -2.7% | 1.6% | Panama |
| 2020s | -5.4% | 3.5% | 8.9% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Middle East, North Africa, Afghanistan & Pakistan (excluding high income) or Panama?
- Panama, at 5.0% against -9.7% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2024.
- What is the difference in external balance on goods and services between Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Panama?
- 14.7%, with Panama ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Panama?
- 65 years are reported by both, from 1960 to 2024.
- How do Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Panama rank globally for external balance on goods and services?
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 42nd 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.