Nicaragua vs Panama: Area land needed to global oil
Nicaragua
16.19 billion
in 2023
Panama
11.76 billion
in 2023
Nicaragua rank
8th
Panama rank
10th
Area land needed to global oil over time
- Nicaragua
- Panama
How they compare
Nicaragua currently reports 16.19 billion against 11.76 billion in Panama, a difference of 4.43 billion.
That makes Nicaragua's figure about 1.4 times Panama's.
The two have swapped places 1 time across 39 shared years of data; in 1985 it was Panama ahead.
Nicaragua ranks 8th and Panama ranks 10th of 59 countries.
Panama has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Nicaragua | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 871.59 million | 3.37 billion | 2.49 billion | Panama |
| 1990s | 1.72 billion | 17.04 billion | 15.32 billion | Panama |
| 2000s | 2.49 billion | 26.24 billion | 23.75 billion | Panama |
| 2010s | 4.72 billion | 39.75 billion | 35.02 billion | Panama |
| 2020s | 13.69 billion | 31.21 billion | 17.52 billion | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher area land needed to global oil, Nicaragua or Panama?
- Nicaragua, at 16.19 billion against 11.76 billion in Panama as of 2023.
- What is the difference in area land needed to global oil between Nicaragua and Panama?
- 4.43 billion, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Panama?
- 39 years are reported by both, from 1985 to 2023.
- How do Nicaragua and Panama rank globally for area land needed to global oil?
- Nicaragua ranks 8th and Panama ranks 10th of 59 countries.
- Where does this data come from?
- Our World in Data, published as Area land needed to global oil. Statizoid refreshes it automatically from the source and publishes the full history for both places.