Cyprus vs Panama: Goods and services expense

Cyprus
1.21 billion current LCU
in 2024
Panama
1.43 billion current LCU
in 2024
Cyprus rank
133rd
Panama rank
130th

Goods and services expense over time

  • Cyprus
  • Panama
0500.0M1.0B1.5B197219982024

How they compare

Panama currently reports 1.43 billion current LCU against 1.21 billion current LCU in Cyprus, a difference of 218.97 million current LCU.

That makes Panama's figure about 1.2 times Cyprus's.

Across all 11 years both countries report, Panama has been ahead every year.

Globally, Cyprus ranks 133rd and Panama ranks 130th of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.