Cyprus vs Panama: Services balance (credit less debit), Net (credits less debits)

Cyprus
8.86 billion
in 2024
Panama
12.52 billion
in 2024
Cyprus rank
24th
Panama rank
21st

Services balance (credit less debit), Net (credits less debits) over time

  • Cyprus
  • Panama
2.5B5.0B7.5B10.0B12.5B200520142024

How they compare

Panama currently reports 12.52 billion against 8.86 billion in Cyprus, a difference of 3.66 billion.

That makes Panama's figure about 1.4 times Cyprus's.

The two have swapped places 1 time across 20 shared years of data; in 2005 it was Cyprus ahead.

Cyprus ranks 24th and Panama ranks 21st of 197 countries.

Across the 3 decades both report, Cyprus averaged higher in 1 and Panama in 2.

Head to head by decade

Decade Cyprus Panama Difference Ahead
2000s 4.11 billion 2.69 billion 1.41 billion Cyprus
2010s 4.85 billion 6.62 billion 1.77 billion Panama
2020s 7.15 billion 9.15 billion 1.99 billion Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services balance (credit less debit), net (credits less debits), Cyprus or Panama?
Panama, at 12.52 billion against 8.86 billion in Cyprus as of 2024.
What is the difference in services balance (credit less debit), net (credits less debits) between Cyprus and Panama?
3.66 billion, with Panama ahead.
How many years of comparable data are there for Cyprus and Panama?
20 years are reported by both, from 2005 to 2024.
How do Cyprus and Panama rank globally for services balance (credit less debit), net (credits less debits)?
Cyprus ranks 24th and Panama ranks 21st of 197 countries.
Where does this data come from?
International Monetary Fund, published as Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Panama: Services balance (credit less debit), Net (credits less debits). Statizoid, drawing on International Monetary Fund. Retrieved 28 August 2026, from https://financial-sector.statizoid.com/compare/services-balance-credit-less-debit-net-credits-less-debits-us-dollar/cyprus/panama/

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About this data

Indicator
Services balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.