Panama vs Solomon Islands: Goods and services expense

Panama
1.43 billion current LCU
in 2024
Solomon Islands
1.33 billion current LCU
in 2024
Panama rank
130th
Solomon Islands rank
132nd

Goods and services expense over time

  • Panama
  • Solomon Islands
0500.0M1.0B1.5B2.0B201120172024

How they compare

Panama currently reports 1.43 billion current LCU against 1.33 billion current LCU in Solomon Islands, a difference of 103.06 million current LCU.

That makes Panama's figure about 1.1 times Solomon Islands's.

The two have swapped places 1 time across 11 shared years of data; in 2014 it was Solomon Islands ahead.

Panama ranks 130th and Solomon Islands ranks 132nd of 155 countries.

Solomon Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Panama Solomon Islands Difference Ahead
2010s 1.01 billion current LCU 1.73 billion current LCU 722.94 million current LCU Solomon Islands
2020s 1.14 billion current LCU 1.56 billion current LCU 422.44 million current LCU Solomon Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Panama or Solomon Islands?
Panama, at 1.43 billion current LCU against 1.33 billion current LCU in Solomon Islands as of 2024.
What is the difference in goods and services expense between Panama and Solomon Islands?
103.06 million current LCU, with Panama ahead.
How many years of comparable data are there for Panama and Solomon Islands?
11 years are reported by both, from 2014 to 2024.
How do Panama and Solomon Islands rank globally for goods and services expense?
Panama ranks 130th and Solomon Islands ranks 132nd of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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.