Panama vs Papua New Guinea: Net trade in goods and services
Net trade in goods and services over time
- Panama
- Papua New Guinea
How they compare
Papua New Guinea currently reports 6.39 billion BoP, current US$ against 4.70 billion BoP, current US$ in Panama, a difference of 1.69 billion BoP, current US$.
That makes Papua New Guinea's figure about 1.4 times Panama's.
The two have swapped places 6 times across 48 shared years of data; in 1977 it was Papua New Guinea ahead.
Panama ranks 45th and Papua New Guinea ranks 42nd of 200 countries.
Across the 6 decades both report, Panama averaged higher in 1 and Papua New Guinea in 5.
Head to head by decade
| Decade | Panama | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -275.53 million BoP, current US$ | -49.29 million BoP, current US$ | 226.24 million BoP, current US$ | Papua New Guinea |
| 1980s | 169.47 million BoP, current US$ | -301.24 million BoP, current US$ | 470.71 million BoP, current US$ | Panama |
| 1990s | -157.42 million BoP, current US$ | 436.96 million BoP, current US$ | 594.38 million BoP, current US$ | Papua New Guinea |
| 2000s | 28.71 million BoP, current US$ | 558.43 million BoP, current US$ | 529.72 million BoP, current US$ | Papua New Guinea |
| 2010s | -880.69 million BoP, current US$ | 1.92 billion BoP, current US$ | 2.80 billion BoP, current US$ | Papua New Guinea |
| 2020s | 3.03 billion BoP, current US$ | 5.23 billion BoP, current US$ | 2.20 billion BoP, current US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Panama or Papua New Guinea?
- Papua New Guinea, at 6.39 billion BoP, current US$ against 4.70 billion BoP, current US$ in Panama as of 2024.
- What is the difference in net trade in goods and services between Panama and Papua New Guinea?
- 1.69 billion BoP, current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Panama and Papua New Guinea?
- 48 years are reported by both, from 1977 to 2024.
- How do Panama and Papua New Guinea rank globally for net trade in goods and services?
- Panama ranks 45th and Papua New Guinea ranks 42nd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.