Tax revenue in Panama
Central government tax revenue in Panama was equal to 7.2% of GDP in 2024. The value for 2024 is the lowest in the series, which starts in 2014.
Panama, 2024
7.2%
Change from 2023
−1.2percentage points
World, 2024
13.9%
Tax revenue in Panama over time
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Panama
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Panama | World |
|---|---|---|
| 2024 | 7.2% | 13.9% |
| 2023 | 8.4% | 13.9% |
| 2022 | 8.6% | 14.5% |
| 2021 | 7.9% | 14.3% |
| 2020 | 8.3% | 13.7% |
| 2019 | 8.8% | 13.8% |
| 2018 | 9.6% | 13.9% |
| 2017 | 9.7% | 14.2% |
| 2016 | 10.1% | 13.9% |
| 2015 | 9.8% | 14.0% |
| 2014 | 10.0% | 14.0% |
| 2013 | – | 14.0% |
| 2012 | – | 13.8% |
| 2011 | – | 13.7% |
| 2010 | – | 13.3% |
| 2009 | – | 13.1% |
| 2008 | – | 14.3% |
| 2007 | – | 14.8% |
| 2006 | – | 14.5% |
| 2005 | – | 14.1% |
| 2004 | – | 14.5% |
| 2003 | – | 14.4% |
| 2002 | – | 14.6% |
A dash means no value was published for that period.
In short
- That is a change of −1.2 percentage points from 8.4% in 2023.
- Since 2014, when it was 10.0%, the figure has changed by −2.8 percentage points.
- The figure for the world in 2024 was 13.9%.