Panama - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Panama was 5.14 as of 2020. Its highest value over the past 60 years was 5.14 in 2020, while its lowest value was -15.96 in 1998.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | -8.59 |
| 1961 | -6.48 |
| 1962 | -3.99 |
| 1963 | -7.43 |
| 1964 | -4.47 |
| 1965 | -3.80 |
| 1966 | -4.54 |
| 1967 | -2.02 |
| 1968 | 0.61 |
| 1969 | -2.47 |
| 1970 | -5.80 |
| 1971 | -6.40 |
| 1972 | -8.12 |
| 1973 | -6.63 |
| 1974 | -14.96 |
| 1975 | -11.84 |
| 1976 | -11.37 |
| 1977 | -6.40 |
| 1978 | -7.77 |
| 1979 | -13.96 |
| 1980 | -7.44 |
| 1981 | -9.14 |
| 1982 | -3.17 |
| 1983 | 1.14 |
| 1984 | -2.86 |
| 1985 | -3.18 |
| 1986 | -3.11 |
| 1987 | -3.86 |
| 1988 | 1.95 |
| 1989 | -5.08 |
| 1990 | -6.81 |
| 1991 | -11.54 |
| 1992 | -12.17 |
| 1993 | -11.56 |
| 1994 | -11.52 |
| 1995 | -13.21 |
| 1996 | -13.43 |
| 1997 | -11.37 |
| 1998 | -15.96 |
| 1999 | -12.98 |
| 2000 | -9.97 |
| 2001 | -5.83 |
| 2002 | -6.57 |
| 2003 | -6.01 |
| 2004 | -8.12 |
| 2005 | -6.69 |
| 2006 | -5.55 |
| 2007 | -6.65 |
| 2008 | -10.52 |
| 2009 | 0.65 |
| 2010 | -8.19 |
| 2011 | -6.03 |
| 2012 | -7.68 |
| 2013 | -7.31 |
| 2014 | -8.38 |
| 2015 | -4.57 |
| 2016 | -3.46 |
| 2017 | -3.82 |
| 2018 | -4.41 |
| 2019 | -2.57 |
| 2020 | 5.14 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
