Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) vs Panama: External balance on goods and services
External balance on goods and services over time
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
- Panama
How they compare
Panama currently reports 5.0% against -9.6% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 14.6%.
The two have swapped places 13 times across 65 shared years of data; in 1960 it was Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ahead.
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 41st and Panama ranks 40th of 44 groups.
Across the 7 decades both report, Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) averaged higher in 4 and Panama in 3.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -2.5% | -4.3% | 1.8% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 1970s | 1.2% | -9.3% | 10.6% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 1980s | -7.6% | -3.5% | 4.1% | Panama |
| 1990s | -4.0% | -7.1% | 3.0% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 2000s | 1.5% | -2.0% | 3.5% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 2010s | -4.0% | -2.7% | 1.4% | Panama |
| 2020s | -5.1% | 3.5% | 8.6% | 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 (IDA & IBRD) or Panama?
- Panama, at 5.0% against -9.6% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2024.
- What is the difference in external balance on goods and services between Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Panama?
- 14.6%, with Panama ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Panama?
- 65 years are reported by both, from 1960 to 2024.
- How do Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Panama rank globally for external balance on goods and services?
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 41st 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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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.