Panama vs United Kingdom of Great Britain and Northern Ireland: Effective tax rates - Corporate tax statistics — Effective average
Effective tax rates - Corporate tax statistics — Effective average over time
- Panama
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 21.52 Percentage of taxable income against 20.25 Percentage of taxable income in Panama, a difference of 1.27 Percentage of taxable income.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.1 times Panama's.
The two have swapped places 1 time across 9 shared years of data; in 2017 it was Panama ahead.
Panama ranks 66th and United Kingdom of Great Britain and Northern Ireland ranks 63rd of 99 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 20.32 Percentage of taxable income | 14.62 Percentage of taxable income | 5.69 Percentage of taxable income | Panama |
| 2020s | 19.59 Percentage of taxable income | 15.01 Percentage of taxable income | 4.58 Percentage of taxable income | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher effective tax rates - corporate tax statistics — effective average, Panama or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 21.52 Percentage of taxable income against 20.25 Percentage of taxable income in Panama as of 2025.
- What is the difference in effective tax rates - corporate tax statistics — effective average between Panama and United Kingdom of Great Britain and Northern Ireland?
- 1.27 Percentage of taxable income, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Panama and United Kingdom of Great Britain and Northern Ireland?
- 9 years are reported by both, from 2017 to 2025.
- How do Panama and United Kingdom of Great Britain and Northern Ireland rank globally for effective tax rates - corporate tax statistics — effective average?
- Panama ranks 66th and United Kingdom of Great Britain and Northern Ireland ranks 63rd of 99 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.