Panama vs Turkey: Goods and services expense (% of expense)
Panama
8.8%
in 2021
Turkey
8.9%
in 2023
Panama rank
118th
Turkey rank
116th
Goods and services expense (% of expense) over time
- Panama
- Turkey
How they compare
Turkey 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 Turkey ranks 116th of 154 countries.
Across the 2 decades both report, Panama averaged higher in 1 and Turkey in 1.
Head to head by decade
| Decade | Panama | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 12.0% | 10.7% | 1.3% | Panama |
| 2020s | 8.5% | 9.1% | 0.6% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Panama or Turkey?
- Turkey, at 8.9% against 8.8% in Panama as of 2023.
- What is the difference in goods and services expense between Panama and Turkey?
- 0.1%, with Turkey ahead.
- How many years of comparable data are there for Panama and Turkey?
- 8 years are reported by both, from 2014 to 2021.
- How do Panama and Turkey rank globally for goods and services expense?
- Panama ranks 118th and Turkey ranks 116th 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.