Nigeria vs Panama: Global Revenue Statistics - Comparative tax revenues

Nigeria
8.19 Percentage of GDP
in 2023
Panama
11.31 Percentage of GDP
in 2024
Nigeria rank
130th
Panama rank
127th

Global Revenue Statistics - Comparative tax revenues over time

  • Nigeria
  • Panama
57.51012.51517.5199020072024

How they compare

Panama currently reports 11.31 Percentage of GDP against 8.19 Percentage of GDP in Nigeria, a difference of 3.12 Percentage of GDP.

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

Across all 14 years both countries report, Panama has been ahead every year.

Nigeria ranks 130th and Panama ranks 127th of 135 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Nigeria Panama Difference Ahead
2010s 7.18 Percentage of GDP 14.95 Percentage of GDP 7.77 Percentage of GDP Panama
2020s 7.08 Percentage of GDP 11.88 Percentage of GDP 4.8 Percentage of GDP Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher global revenue statistics - comparative tax revenues, Nigeria or Panama?
Panama, at 11.31 Percentage of GDP against 8.19 Percentage of GDP in Nigeria as of 2024.
What is the difference in global revenue statistics - comparative tax revenues between Nigeria and Panama?
3.12 Percentage of GDP, with Panama ahead.
How many years of comparable data are there for Nigeria and Panama?
14 years are reported by both, from 2010 to 2023.
How do Nigeria and Panama rank globally for global revenue statistics - comparative tax revenues?
Nigeria ranks 130th and Panama ranks 127th of 135 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Global Revenue Statistics - Comparative tax revenues. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Nigeria vs Panama: Global Revenue Statistics - Comparative tax revenues. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/global-revenue-statistics-comparative-tax-revenues/nigeria/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://economy.statizoid.com/compare/global-revenue-statistics-comparative-tax-revenues/nigeria/panama/">Nigeria vs Panama: Global Revenue Statistics - Comparative tax revenues</a> — Statizoid

About this data

Indicator
Global Revenue Statistics - Comparative tax revenues
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
146 places, 3,993 data points, 1990–2024
Last refreshed

Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.