Albania vs Panama: Goods and services expense
Albania
8.7%
in 2023
Panama
8.8%
in 2021
Albania rank
119th
Panama rank
118th
Goods and services expense over time
- Albania
- Panama
How they compare
Panama currently reports 8.8% against 8.7% in Albania, a difference of 0.1%.
The two have swapped places 1 time across 8 shared years of data; in 2014 it was Panama ahead.
Albania ranks 119th and Panama ranks 118th of 154 countries.
Across the 2 decades both report, Albania averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Albania | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.7% | 12.0% | 3.2% | Panama |
| 2020s | 9.2% | 8.5% | 0.7% | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Albania or Panama?
- Panama, at 8.8% against 8.7% in Albania as of 2021.
- What is the difference in goods and services expense between Albania and Panama?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for Albania and Panama?
- 8 years are reported by both, from 2014 to 2021.
- How do Albania and Panama rank globally for goods and services expense?
- Albania ranks 119th and Panama ranks 118th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.