Panama vs Portugal: Goods and services expense
Panama
8.8%
in 2021
Portugal
8.9%
in 2023
Panama rank
118th
Portugal rank
117th
Goods and services expense over time
- Panama
- Portugal
How they compare
Portugal currently reports 8.9% against 8.8% in Panama, a difference of 0.1%.
The two have swapped places 1 time across 8 shared years of data; in 2014 it was Panama ahead.
Panama ranks 118th and Portugal ranks 117th of 154 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 12.0% | 8.4% | 3.5% | Panama |
| 2020s | 8.5% | 8.5% | 0.0% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Panama or Portugal?
- Portugal, at 8.9% against 8.8% in Panama as of 2023.
- What is the difference in goods and services expense between Panama and Portugal?
- 0.1%, with Portugal ahead.
- How many years of comparable data are there for Panama and Portugal?
- 8 years are reported by both, from 2014 to 2021.
- How do Panama and Portugal rank globally for goods and services expense?
- Panama ranks 118th and Portugal ranks 117th 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.