Greece vs Panama: Goods and services expense
Greece
8.2%
in 2023
Panama
8.8%
in 2021
Greece rank
120th
Panama rank
118th
Goods and services expense over time
- Greece
- Panama
How they compare
Panama currently reports 8.8% against 8.2% in Greece, a difference of 0.6%.
That makes Panama's figure about 1.1 times Greece's.
Across all 8 years both countries report, Panama has been ahead every year.
Greece ranks 120th and Panama ranks 118th of 154 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Greece | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.6% | 12.0% | 4.4% | Panama |
| 2020s | 7.1% | 8.5% | 1.4% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Greece or Panama?
- Panama, at 8.8% against 8.2% in Greece as of 2021.
- What is the difference in goods and services expense between Greece and Panama?
- 0.6%, with Panama ahead.
- How many years of comparable data are there for Greece and Panama?
- 8 years are reported by both, from 2014 to 2021.
- How do Greece and Panama rank globally for goods and services expense?
- Greece ranks 120th 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.
Individual pages
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.