Bulgaria vs Panama: Goods and services expense

Bulgaria
8.1%
in 2023
Panama
8.8%
in 2021
Bulgaria rank
121st
Panama rank
118th

Goods and services expense over time

  • Bulgaria
  • Panama
102030199020062023

How they compare

Panama currently reports 8.8% against 8.1% in Bulgaria, a difference of 0.7%.

That makes Panama's figure about 1.1 times Bulgaria's.

The two have swapped places 2 times across 8 shared years of data; in 2014 it was Panama ahead.

Bulgaria ranks 121st and Panama ranks 118th of 154 countries.

Across the 2 decades both report, Bulgaria averaged higher in 1 and Panama in 1.

Head to head by decade

Decade Bulgaria Panama Difference Ahead
2010s 8.7% 12.0% 3.2% Panama
2020s 8.5% 8.5% 0.0% Bulgaria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Bulgaria or Panama?
Panama, at 8.8% against 8.1% in Bulgaria as of 2021.
What is the difference in goods and services expense between Bulgaria and Panama?
0.7%, with Panama ahead.
How many years of comparable data are there for Bulgaria and Panama?
8 years are reported by both, from 2014 to 2021.
How do Bulgaria and Panama rank globally for goods and services expense?
Bulgaria ranks 121st 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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Bulgaria vs Panama: Goods and services expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/goods-and-services-expense-percent-of-expense/bulgaria/panama/

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About this data

Indicator
Goods and services expense (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 5,247 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 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.